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BC Home Sales Rise Despite Low Level of Supply

November 18th, 2017

BC Home Sales Rise Despite Low Level of Supply

Vancouver, BC – November 14, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 8,677 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, an increase of 19.3 per cent from the same period last year. Total sales dollar volume was $6.25 billion, up 41.6 per cent from October ...

Vancouver West October House Market

November 9th, 2017
Stats 17 11.pdf
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

The News Release headlines the continuing Metro Vancouver Real Estate trend of exceeding 10 year sales averages as last month transcends that of October by 15 percent. Robust activity in the apartment and attached sectors (due in part to the upcoming tightening of mortgage qualification) ...

Vancouver East October House Market

November 9th, 2017
Stats 17 11.pdf
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

The News Release headlines the continuing Metro Vancouver Real Estate trend of exceeding 10 year sales averages as last month transcends that of October by 15 percent. Robust activity in the apartment and attached sectors (due in part to the upcoming tightening of mortgage qualification) ...

Vancouver West October Apartment Market

November 9th, 2017
Stats 17 11.pdf
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

The News Release headlines the continuing Metro Vancouver Real Estate trend of exceeding 10 year sales averages as last month transcends that of October by 15 percent. Robust activity in the apartment and attached sectors (due in part to the upcoming tightening of mortgage qualification) ...

Vancouver East October Apartment Market

November 9th, 2017
Stats 17 11.pdf
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

The News Release headlines the continuing Metro Vancouver Real Estate trend of exceeding 10 year sales averages as last month transcends that of October by 15 percent. Robust activity in the apartment and attached sectors (due in part to the upcoming tightening of mortgage qualification) ...

Vancouver East October Townhome Market

November 9th, 2017
Stats 17 11.pdf
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

The News Release headlines the continuing Metro Vancouver Real Estate trend of exceeding 10 year sales averages as last month transcends that of October by 15 percent. Robust activity in the apartment and attached sectors (due in part to the upcoming tightening of mortgage qualification) ...

Vancouver West October Townhome Market

November 9th, 2017
Stats 17 11.pdf
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

The News Release headlines the continuing Metro Vancouver Real Estate trend of exceeding 10 year sales averages as last month transcends that of October by 15 percent. Robust activity in the apartment and attached sectors (due in part to the upcoming tightening of mortgage qualification) ...

BoC Rate Hike Next Week Unlikely

October 20th, 2017
BCREA ECONOMICS NOW

Canadian Retail Sales and Inflation - October 20, 2017

Canadian inflation, as measured by the Consumer Price Index (CPI), registered 1.6 per cent in the 12 months to September, up from 1.4 per cent in August.  The Bank of Canada's three measures of trend inflation were largely unchanged, averaging 1.6 per cent.   In BC, provincial consumer price inflation was 2.0 per cent in ...

BC September R.E. Up Annually But 2017 Under Performing 2016

October 18th, 2017

BC Home Sales Ratchet Higher in September

Vancouver, BC – October 12, 2017. The . The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase of 9.9 per cent from the same period last year. Total sales dollar volume was $5.8 billion, up 30.2 per cent fr ...

Stress Tests Even For Conventional Mortgages Coming in 2018

October 17th, 2017
BCREA ECONOMICS NOW

OSFI Announcement of Change to Mortgage Underwriting - October 17, 2017

The Office of the Superintendent of Financial Institutions (OSFI) announced new restrictions on uninsured mortgages today. Effective January 1, 2018, all home-buyers with a down-payment of more than 20 per cent will have to qualify at the higher of the posted 5-year qualifying rate and their contractual ...
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