Blog by Don Kennedy
July 30th, 2017
BCREA ECONOMICS
NOW
Canadian Monthly Real GDP Growth (May) - July 28,
2017
The Canadian economy posted blockbuster growth in May,
expanding 0.6 per cent on a monthly basis and 4.6 per cent year-over-year. This
was the seventh consecutive month of positive growth for the Canadian economy.
Moreover, growth was broad based with output increasing in 14 of 20 industrial ...
Posted in
General
July 26th, 2017
Overheating, Price Acceleration and Overvaluation are problems for Vancouver according to this CMHC Q3 report:
CMHC Q3 Report
Posted in
Vancouver Market
July 21st, 2017
Canadian Retail Sales and Consumer Price Inflation - July 21, 2017
Canadian inflation, as measured by the Consumer Price Index (CPI), registered just 1 per cent in the 12 months to June. That is down from 1.3 per cent in May. The Bank of Canada's new core measure of inflation, called CPI-common, registered 1.4 per cent, a sight uptick from May. In BC, provincial consumer price inf ...
Posted in
General
July 12th, 2017
BCREA ECONOMICS NOW
Bank of Canada
Interest Rate Decision - July 12, 2017
The Bank of Canada announced this morning that it is raising
its target for the overnight rate by 25 basis points to 0.75 per cent. In the
press release accompanying the decision, the Bank noted that Canada's
economy has been robust and a significant amount of economic slack has been
absorbed. Whi ...
Posted in
General
July 8th, 2017
June Statistics
Attached please find the latest statistics from the Real
Estate Board of Greater Vancouver.
The News Release tells a tale of two titles as strata
properties dominate while single detached properties see an easing in
demand. While the sales-to-active listings
ratio for single-family homes is nowhere near the threshold triggering downward
pressure on value, demand is ...
Posted in
Vancouver Market
July 8th, 2017
June Statistics
Attached please find the latest statistics from the Real
Estate Board of Greater Vancouver.
The News Release tells a tale of two titles as strata
properties dominate while single detached properties see an easing in demand. While the sales-to-active listings ratio for single-family
homes is nowhere near the threshold triggering downward pressure on value,
demand is n ...
Posted in
Vancouver Market
July 8th, 2017
June Statistics
Attached please find the latest statistics from the Real
Estate Board of Greater Vancouver.
The News Release tells a tale of two titles as strata
properties dominate while single detached properties see an easing in
demand. While the sales-to-active listings
ratio for single-family homes is nowhere near the threshold triggering downward
pressure on value, demand is ...
Posted in
Vancouver Market
July 8th, 2017
June Statistics
Attached please find the latest statistics from the Real
Estate Board of Greater Vancouver.
The News Release tells a tale of two titles as strata
properties dominate while single detached properties see an easing in
demand. While the sales-to-active listings
ratio for single-family homes is nowhere near the threshold triggering downward
pressure on value, demand is ...
Posted in
Vancouver Market
July 8th, 2017
June Statistics
Attached please find the latest statistics from the Real
Estate Board of Greater Vancouver.
The News Release tells a tale of two titles as strata
properties dominate while single detached properties see an easing in
demand. While the sales-to-active listings
ratio for single-family homes is nowhere near the threshold triggering downward
pressure on value, demand is ...
Posted in
Vancouver Market
July 8th, 2017
June Statistics
Attached please find the latest statistics from the Real
Estate Board of Greater Vancouver.
The News Release tells a tale of two titles as strata
properties dominate while single detached properties see an easing in
demand. While the sales-to-active listings
ratio for single-family homes is nowhere near the threshold triggering downward
pressure on value, demand is ...
Posted in
Vancouver Market