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Fall Interest Hike Likely, Low Inflation Mitigates More

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 ...

CMHC: problematic Vancouver housing market conditions

July 26th, 2017
Overheating, Price Acceleration and Overvaluation are problems for Vancouver according to this CMHC Q3 report:
CMHC Q3 Report

Low Inflation Likely Mitigates Future Interest Hikes

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 ...

First Interest Rate Hike in 7 Years Announced

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 ...

Vancouver West Houses 17 6

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 ...

Vancouver East Houses 17 6

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 ...

Vancouver East Apartments 17 6

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 ...

Vancouver West Apartments 17 6

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 ...

Vancouver West Townhomes 17 6

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 ...

Vancouver East Townhomes 17 6

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 ...

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