Blog by Don Kennedy
March 17th, 2016
Posted in
General
March 15th, 2016
Vancouver, BC – March 14, 2016. The
British Columbia Real Estate Association (BCREA) reports that a total
of 9,637 residential unit sales were recorded by the Multiple Listing Service®
(MLS®) last month, up 44.7 per cent from February of last year. This smashed the
previous record of 8,157 unit sales for the month of February recorded in 1992.
Total sales dollar volume was $7 ...
Posted in
British Columbia
March 11th, 2016
Canadian Employment - March 11, 2016Employment in Canada was unchanged in February as gains in part-time work offset a decline in full-time jobs. The national unemployment rate rose 0.1 points to 7.3 per cent, the highest rate of unemployment in three years. BC was the only province that saw job growth in February. Employment was up by 14,000 jobs and was 3 per cent higher than one year ago, ...
Posted in
British Columbia
March 10th, 2016
Bank of
Canada Interest Rate Announcement - March 9, 2016
The Bank of Canada announced this
morning that it is maintaining its overnight rate at 0.5 per cent. In the press
release accompanying the decision, the
Bank noted that inflation is evolving as anticipated but that a weak economy
will continue to dampen growth in consumer prices. Overall, the Bank judges that
risks i ...
Posted in
General
March 10th, 2016
Canadian
Housing Starts - March 8, 2015
Canadian housing starts jumped
close to 30 per cent in February following a dip in activity to start the year.
Total housing starts were 212,594 units at a seasonally adjusted annual rate
(SAAR). The six-month trend in Canadian
housing starts of 198,880 was up
slightly.
Housing starts in BC were the
highest on record in February ...
Posted in
Vancouver Market
March 7th, 2016
February statistics
Attached please find the latest statistics from the Greater
Vancouver Real Estate Board.
Due to phenomenal competition the News Release not only
reports above average sales last month but also labels February 2016 as the
highest selling February on record. Last month compared to the previous
February Metro Vancouver residential sales are up 36.3 percent. The price ...
Posted in
Vancouver Market
March 7th, 2016
February statistics
Attached please find the latest statistics from the Greater
Vancouver Real Estate Board.
Due to phenomenal competition the News Release not only
reports above average sales last month but also labels February 2016 as the
highest selling February on record. Last month compared to the previous
February Metro Vancouver residential sales are up 36.3 percent. The price ...
Posted in
Vancouver Market
March 7th, 2016
February statistics
Attached please find the latest statistics from the Greater
Vancouver Real Estate Board.
Due to phenomenal competition the News Release not only
reports above average sales last month but also labels February 2016 as the
highest selling February on record. Last month compared to the previous
February Metro Vancouver residential sales are up 36.3 percent. The price ...
Posted in
Vancouver Market
March 7th, 2016
February statistics
Attached please find the latest statistics from the Greater
Vancouver Real Estate Board.
Due to phenomenal competition the News Release not only
reports above average sales last month but also labels February 2016 as the
highest selling February on record. Last month compared to the previous
February Metro Vancouver residential sales are up 36.3 percent. The price ...
Posted in
Vancouver Market
March 7th, 2016
February statistics
Attached please find the latest statistics from the Greater
Vancouver Real Estate Board.
Due to phenomenal competition the News Release not only
reports above average sales last month but also labels February 2016 as the
highest selling February on record. Last month compared to the previous
February Metro Vancouver residential sales are up 36.3 percent. The price ...
Posted in
Vancouver Market