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Slow September for BC Home Sales

October 14th, 2018

BC Home Sales Continue at Slower Pace in September

Vancouver, BC – October 11, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 5,573 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in September, a 33.2 per cent decrease from the same month last year. The average MLS® residential price in BC was $685,749, ...

VANCOUVER WEST SEPTEMBER HOUSE MARKET

October 4th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments that the summer Real Estate doldrums are spilling over into fall. The supply of housing has reached a level not seen since 2014 as low Buyer demand has precipitated a backlog of inventory. Detached houses clearly no longer enjoy their long standing Sellers market while the ...

VANCOUVER EAST SEPTEMBER HOUSE MARKET

October 4th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments that the summer Real Estate doldrums are spilling over into fall. The supply of housing has reached a level not seen since 2014 as low Buyer demand has precipitated a backlog of inventory. Detached houses clearly no longer enjoy their long standing Sellers market while the ...

VANCOUVER WEST SEPTEMBER APARTMENT MARKET

October 4th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments that the summer Real Estate doldrums are spilling over into fall. The supply of housing has reached a level not seen since 2014 as low Buyer demand has precipitated a backlog of inventory. Detached houses clearly no longer enjoy their long standing Sellers market while the ...

VANCOUVER EAST SEPTEMBER APARTMENT MARKET

October 4th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments that the summer Real Estate doldrums are spilling over into fall. The supply of housing has reached a level not seen since 2014 as low Buyer demand has precipitated a backlog of inventory. Detached houses clearly no longer enjoy their long standing Sellers market while the ...

VANCOUVER WEST SEPTEMBER TOWNHOME MARKET

October 4th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments that the summer Real Estate doldrums are spilling over into fall. The supply of housing has reached a level not seen since 2014 as low Buyer demand has precipitated a backlog of inventory. Detached houses clearly no longer enjoy their long standing Sellers market while the ...

VANCOUVER EAST SEPTEMBER TOWNHOME MARKET

October 4th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release laments that the summer Real Estate doldrums are spilling over into fall. The supply of housing has reached a level not seen since 2014 as low Buyer demand has precipitated a backlog of inventory. Detached houses clearly no longer enjoy their long standing Sellers market while the ...

BANK RATE PRESSURE ONGOING

September 28th, 2018
BCREA ECONOMICS NOW

Canadian Monthly GDP Growth (July 2018) - September 28, 2018

The Canadian economy expanded at a 0.2 per cent monthly rate in July after recording no change in June. Growth was fairly broad based with 12 of 20 industrial sectors reporting higher output, led by gains in manufacturing, wholesale trade and the recovery of real estate transactions after the introduction of the B2 ...

HOW IMPACTFUL ON BC ARE FED MORTGAGE STRESS TESTS?

September 13th, 2018

August Home Sales Suggest Impact of Stress Test Fading

Vancouver, BC – September 13, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,743 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in August, a 26.4 per cent decrease from the same month last year. The average MLS® residential price in BC was $669,77 ...

VANCOUVER WEST AUGUST HOUSE MARKET

September 7th, 2018

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

 

The News Release suggests that Buyers took a summer vacation from the Metro Vancouver Real Estate market. Reduced Buyer activity caused lower benchmark prices in August for the second month in a row for all three housing categories, especially detached properties according to the sales-to-active-li ...

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