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Blog by Don Kennedy

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 ...

Vancouver West September House Market

October 12th, 2017
September stats

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

 

The News Release touts September as maintaining the recent trend in Real Estate sales for Metro Vancouver by exceeding the 10 year average for its month. However detached house sales remain ‘balanced’ and those numbers might not be so robust were it not for high activity among ...

Vancouver East September House Market

October 12th, 2017
September stats

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

 

The News Release touts September as maintaining the recent trend in Real Estate sales for Metro Vancouver by exceeding the 10 year average for its month. However detached house sales remain ‘balanced’ and those numbers might not be so robust were it not for high activity among ...

Vancouver West September Apartment Market

October 12th, 2017
September stats

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

 

The News Release touts September as maintaining the recent trend in Real Estate sales for Metro Vancouver by exceeding the 10 year average for its month. However detached house sales remain ‘balanced’ and those numbers might not be so robust were it not for high activity among ...

Vancouver East September Apartment Market

October 12th, 2017
September stats

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

 

The News Release touts September as maintaining the recent trend in Real Estate sales for Metro Vancouver by exceeding the 10 year average for its month. However detached house sales remain ‘balanced’ and those numbers might not be so robust were it not for high activity among ...

Vancouver East September Townhouse Market

October 12th, 2017
September stats

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

 

The News Release touts September as maintaining the recent trend in Real Estate sales for Metro Vancouver by exceeding the 10 year average for its month. However detached house sales remain ‘balanced’ and those numbers might not be so robust were it not for high activity among ...

Vancouver West September Townhouse Market

October 12th, 2017
September stats

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

 

The News Release touts September as maintaining the recent trend in Real Estate sales for Metro Vancouver by exceeding the 10 year average for its month. However detached house sales remain ‘balanced’ and those numbers might not be so robust were it not for high activity among ...

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