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Blog by Don Kennedy

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VANCOUVER WEST JULY HOUSE MARKET

August 9th, 2019

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

 

The News Release heralds a resurrection of Buyer demand in a normally tranquil July. As a matter of fact last month was the second highest selling month of 2019. Despite Federal stress tests for mortgages, interest rates remain low and prices have abated, likely enticing Buyers into the market. Las ...

VANCOUVER EAST JULY HOUSE MARKET

August 9th, 2019

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

 

The News Release heralds a resurrection of Buyer demand in a normally tranquil July. As a matter of fact last month was the second highest selling month of 2019. Despite Federal stress tests for mortgages, interest rates remain low and prices have abated, likely enticing Buyers into the market. Las ...

VANCOUVER WEST JULY APARTMENT MARKET

August 9th, 2019

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

 

The News Release heralds a resurrection of Buyer demand in a normally tranquil July. As a matter of fact last month was the second highest selling month of 2019. Despite Federal stress tests for mortgages, interest rates remain low and prices have abated, likely enticing Buyers into the market. Las ...

VANCOUVER EAST JULY APARTMENT MARKET

August 9th, 2019

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

 

The News Release heralds a resurrection of Buyer demand in a normally tranquil July. As a matter of fact last month was the second highest selling month of 2019. Despite Federal stress tests for mortgages, interest rates remain low and prices have abated, likely enticing Buyers into the market. Las ...

VANCOUVER WEST JULY TOWNHOME MARKET

August 9th, 2019

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

 

The News Release heralds a resurrection of Buyer demand in a normally tranquil July. As a matter of fact last month was the second highest selling month of 2019. Despite Federal stress tests for mortgages, interest rates remain low and prices have abated, likely enticing Buyers into the market. Las ...

VANCOUVER EAST JULY TOWNHOME MARKET

August 9th, 2019

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

 

The News Release heralds a resurrection of Buyer demand in a normally tranquil July. As a matter of fact last month was the second highest selling month of 2019. Despite Federal stress tests for mortgages, interest rates remain low and prices have abated, likely enticing Buyers into the market. Las ...

FALL BANK RATE RISE UNLIKELY

July 17th, 2019
BCREA ECONOMICS NOW

Canadian Inflation - July 17, 2019

Canadian inflation, as measured by the Consumer Price Index (CPI), rose by 2 per cent compared to the same time last year, a deceleration from 2.4 per cent in the prior month. Excluding the impact of lower energy prices, the CPI was up 2.6 per cent year-over-year. The Bank of Canada's three measures of trend inflation were also up in June, ...

BC Home Sales Trend Lower in June

July 16th, 2019

BC Home Sales Trend Lower in June

Vancouver, BC – July 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 6,960 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, a decline of 11.8 per cent from the same month last year. The average MLS® residential price in the province was $687,584, a decline of 4 per cent from June ...

WHY THE BoC INTEREST RATE REMAINS UNCHANGED

July 10th, 2019
BCREA ECONOMICS NOW

Bank of Canada Interest Rate Decision - July 10, 2019

The Bank of Canada left its target for the overnight rate unchanged at 1.75 per cent this morning. In the statement accompanying the decision the Bank noted that although ongoing global trade tensions are having a negative effect on the global economy, economic growth in Canada is improving. A decline in mortgage rates is ...

The Impact of the B20 Stress Test on BC Home Sales in 2018

July 9th, 2019
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