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BCREA BLAMES STRESS TESTS FOR SLOW MARKET

February 15th, 2019

Policy-Induced Housing Slowdown Continues into 2019

Vancouver, BC – February 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 3,546 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, a decline of 33.2 per cent from the same month last year. The average MLS® residential price in the province was $665,590, a declin ...

VANCOUVER WEST JANUARY HOUSE MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER EAST JANUARY HOUSE MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER WEST JANUARY APARTMENT MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER EAST JANUARY APARTMENT MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER EAST JANUARY TOWNHOME MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER WEST JANUARY TOWNHOME MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

LOWER MORTGAGE RATES EXPECTED, BUOYING REAL ESTATE MARKET

January 18th, 2019
BCREA ECONOMICS NOW

Canadian Inflation - January 18, 2019

Canadian inflation, as measured by the Consumer Price Index (CPI), registered 2 per cent in the twelve months to December, a slight uptick from 1.7 per cent in November. Lower energy prices were offset by an increase in air transportation, and telephone services.  Excluding the impact of falling gasoline prices, consumer prices were up 2 ...

VANCOUVER WEST DECEMBER HOUSE MARKET

January 8th, 2019

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

 

The News Release traces back 18 years to find a time when Metro Vancouver home sales dip as low as those of 2018. Listed major factors which colluded to yield this result are [as feared last January] new mortgage rules and higher interest rates along with taxes and high prices. 2018 sales are 25 pe ...

VANCOUVER EAST DECEMBER HOUSE MARKET

January 8th, 2019

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

 

The News Release traces back 18 years to find a time when Metro Vancouver home sales dip as low as those of 2018. Listed major factors which colluded to yield this result are [as feared last January] new mortgage rules and higher interest rates along with taxes and high prices. 2018 sales are 25 pe ...

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