Politicians talk about the problem, but real estate has only become more expensive, says CBC News columnist Mark Ting. This column is an opinion by Mark Ting, a partner with Foundation Wealth who helps clients reach their financial goals. He can be heard every Thursday at 4:50 p.m. on CBC radio as On the Coast’s guide to personal finance. […]
Read more "Will the upcoming federal election improve housing affordability?"The strong rebound in the city of Vancouver’s residential real estate market this year to date was also very apparent in the luxury submarket, according to Sotheby’s International Realty Canada’s newly released report. During the first half of 2021, residential sales over $4 million and $10 million surged 152% and 300% year-over-year, respectively. Property sales […]
Read more "Vancouver’s luxury housing market seeing explosive rebound so far in 2021"The total number of home listings in the MLS system within the Fraser Valley Real Estate Board (FVREB) reached its lowest level since 1981 in July 2021. Market activity in FVREB softened in home sales and new listings, but the number of buyers significantly outnumbered sellers. Over the course of July 2021, there were a […]
Read more "Surrey and Fraser Valley record lowest number of home listings since 1981"NEWS PROVIDED BYReal Estate Board of Greater Vancouver Metro Vancouver’s housing market saw more moderate sales, listings and pricing trends in July compared to the heightened activity seen throughout the pandemic. Metro Vancouver’s housing market saw more moderate sales, listings and pricing trends in July compared to the heightened activity experienced throughout much of the pandemic. […]
Read more "Steady sales, reduced listings and virtually unchanged home prices in July"The super-heated housing market in Metro Vancouver cooled slightly in May but the Greater Vancouver Real Estate Board says sales still remained active. A statement from the board says 4,268 homes changed hands across the region last month, a 13 per cent drop compared with April. While May didn’t match record-breaking activity seen earlier in […]
Read more "Vancouver housing market less intense in May but sales, listings still strong: GVREB"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"MORE than 70 farmers from throughout British Columbia have found new opportunities in farming communities through the B.C. Land Matching Program (BCLMP). Delivered by Young Agrarians, the BCLMP connects new, young and established farmers with landholders seeking to lease their properties to ensure their land stays in production or starts producing food. Since the pilot launch, […]
Read more "More farmers get access to affordable, available farmland in B.C."