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?"
One of Canada’s most resilient and prolific sectors has been its real estate market. The residential market has mainly been on a consistent rise for the last several years. Canadians already know this. It is the reason for the buzzing activity in the housing market since the 2008 financial crisis. As immigration increased, so did […]Read more "Waiting for Cheaper Real Estate? Canada Housing Is Due for a Crash"
A cross-country comparison of housing markets reveals housing markets are showing remarkable resilience except in Alberta and Saskatchewan. Recently released data by the Canadian Real Estate Association (CREA) shows that national residential real estate sales are accelerating faster than new listings, and prices are up in most places except the Prairies. Housing prices are also […]Read more "Canadian housing showing strength, but not all markets are firing equally"
The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) saw the second-highest number of both property sales and new listings ever recorded in July. The FVREB processed a total of 2,100 sales in July, an increase of 22.2 per cent compared to sales in June and an increase of 44 per cent compared […]Read more "Sales and new listings reach near record-setting numbers in the Fraser Valley"
London saw its high-end prices fall most significantly in the second quarter; Cape Town saw the most growth in the sector High-end housing markets across the globe, beleaguered by the coronavirus pandemic and the accompanying damage to the economy, have reached their lowest rate of annual growth in almost a decade, according to the […]Read more "Luxury Real Estate Across the Globe Sees Lowest Rate of Growth in a Decade"