After a lull, Vancouver housing prices are set for a rebound
Prices of detached homes in Vancouver may have hit bottom in the first quarter of this year, but are poised for a rebound this spring as sales activity surges across the region, according to a Royal...
View ArticleVancouver home prices may have finally shaken off foreign buyers’ tax
It’s taken nine months, but the Vancouver housing market may have finally shaken off the foreign buyers tax, data from a home price index suggested on Wednesday. The Teranet-National Bank of Canada...
View ArticleIncrease in new home prices reaches 7-year high in Metro Vancouver
Despite efforts by government and regulators to curb Metro Vancouver’s hot housing market, new home prices have continued to climb in the past year. Recently released data from Statistics Canada shows...
View ArticleVancouver and Toronto house prices set for rise, says CIBC
The housing markets in Toronto and Vancouver could resume their previous upward trajectories amid conditions of tight supply and burgeoning demand, according to a new report from CIBC World Markets....
View ArticleHoping to buy a home in B.C.? Sorry, it’s not likely to get much cheaper
If your New Year’s dreams include buying a home in B.C., don’t expect it to get much easier in 2018, according to one expert. “The best guess for where prices are going to be a year from now is about...
View Article“Big Six” banks have raised mortgage rates as Bank of Canada decision looms...
The “Big Six” Canadian banks have now all hiked mortgage rates ahead of a Bank of Canada policy announcement on Wednesday. Canadian Imperial Bank of Commerce, Royal Bank of Canada and Toronto-Dominion...
View ArticleB.C. home sales to fall as interest rates rise, but prices will stay strong
Real estate experts in British Columbia predict residential home sales will dip this year but remain well above the province’s 10-year average, although they warn rising interest rates could leave some...
View Article7 reasons why it’s hard to know whether your house will lose value
In some ways it would be easier to plan if we really knew for sure whether Canadian home prices were about to fall off a cliff as so many people keep predicting. But of course that’s not how markets...
View ArticleB.C. real estate forecast anticipates 2019 sales to edge up
The British Columbia Real Estate Association estimates that economic growth will remain strong enough to support a boost in sales next year after a substantial decline in 2018, according to its latest...
View ArticleWhat can we expect from the Canadian housing market in 2019
After a screeching halt sometimes comes a crash. This was the year when Canada’s housing market hit the brakes. So what will happen in 2019? Predicting housing prices is famously difficult. And...
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