2021 by all accounts was a record-breaking year for Canadian real estate — a blockbuster for sales, prices and low inventories. Such a pace is unsustainable, most agree, but how much of a comedown are we in for? “Canada’s housing market isn’t about to buckle,” writes RBC senior economist Robert Hogue in a recent report. […]Read more "Home sales set for the second ‘most remarkable’ year in Canadian real estate history"
Largest eastward migration in 45 years felt in both rural and urban New Brunswick. New Brunswick’s population grew faster than the national average last year, despite ongoing declines in its birth rate, as thousands of Canadians continue to leave larger provinces and migrate east. “These are levels that have not been seen in a long time,” […]Read more "Canadians chasing an East Coast lifestyle fuel population jump in New Brunswick "
For 26 years, the real estate boards of Greater Vancouver and the Fraser Valley have teamed up for the REALTORS Care Blanket Drive. Real estate agents across the Lower Mainland would join with their clients and a network of of charitable organizations to collect and distribute blankets and lightly-used clothing. This year they opted to throw […]Read more "Realtors Care Blanket Drive raises 50k for housing related charities"
Home sales up 29% compared to October 2019 The Real Estate Board of Greater Vancouver says October home sales were up 29 per cent compared to a year ago, making it the second-best October on record. The board says its agents sold 3,687 homes last month, up from 2,858 sold in October 2019. Home sales […]Read more "Vancouver housing market posts 2nd-best October on record"
Home sales and listings surged in September, according to the latest numbers from the Real Estate Board of Greater Vancouver. Sales were up 19.6 per cent from August, and more than 56 per cent from September last year, the board said. Listings were up 10 per cent from August. Real Estate Board Chair Colette Gerber […]Read more "Metro Vancouver home sales and listings surge in September: real estate board"
It’s safe to say that 2020 has been unpredictable, to say the least. This theme carries over to the Canadian real estate market, which still managed to experience unprecedented growth despite many buyers deciding to hold off on purchases amid uncertain economic conditions brought on by the pandemic. However, the uncertainty of the past seven […]Read more "Top Canadian Real Estate Trends to Look For in 2021"
he Canadian housing market has been one of the hottest asset categories for years. Housing prices have been extremely strong as Canada’s economy and population have seen impressive growth numbers. When the coronavirus pandemic hit back in February, though, many expected the Canadian housing market to crash. This wasn’t just Canadian investors and analysts who […]Read more "Canada’s Housing Market: More Growth Coming in 2021?"
4. 303 – 458 E 43rd Avenue – $419,900 Listing details: Zero bedroom One bathroom 457 sq ft Parking Located on West Broadway, this studio features a courtyard entrance, a gas fireplace, and a Juliet balcony. It’s also a short walk from local shops, restaurants, and public transit. 2. 206 – 760 Kingsway Avenue – $408,000 Listing details: Zero […]Read more "These Vancouver homes are currently listed for under $450,000"
B.C.’s Land Owner Transparency Act (LOTA) is coming into force on November 30, 2020. Effective November 30, 2020, all acquisitions of land will be subject to the new disclosure rules under LOTA, while existing owners of land will have until November 30, 2021 to become compliant. INTRODUCTION LOTA requires the disclosure of individuals who hold, directly or […]Read more "Canada: B.C. Real Estate Beneficial Ownership Disclosure Law Takes Effect November 30, 2020"
Canadian mortgages rates are at a record low, but should potential home buyers lock in rates right now or will rates go any lower? Not by much, but yes, rates will go lower is the answer from several analysts citing the Bank of Canada’s policy, competition among lenders, seasonal factors and the pandemic’s impact on […]Read more "Canadian mortgage rates are the lowest in history. Can they go any lower?"