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Blog by Don Kennedy

Expect Another Interest Rate Hike This Year

February 23rd, 2018

BCREA ECONOMICS NOW

 

Canadian Inflation - February 23, 2018

 

Canadian inflation, as measured by the Consumer Price Index (CPI), slowed for a second consecutive month to 1.7 per cent year-over-year, down from 1.9 per cent in December. The Bank of Canada's three measures of trend inflation were either up or flat in January, and are all now close to 2 per cent.   In BC, provincial consumer ...

BC Budget: Taxes Won't Make Housing Affordable

February 22nd, 2018

Government Needs Transitional Rules For All Transactions Impacted By Taxes Introduced In Budget 2018

New taxes unlikely to stabilize housing market

Victoria, BC – February 20, 2018. The British Columbia Real Estate Association calls on the government to introduce transitional rules for all transactions impacted by the new tax measures introduced in Budget 2018. The new tax measures com ...

Mortgage Stress Test Blamed For Dip In BC Home Sales

February 15th, 2018

BC Home Sales Dip After Strong December

Vancouver, BC – February 15, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 5,306 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in January, an increase of 18.3 per cent from the same period last year. The average MLS® residential price in BC was $721,477, up 16. ...

Vancouver West House Market

February 9th, 2018
Stats 18 2.pdf

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

 

The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sale ...

Vancouver East House Market

February 9th, 2018
Stats 18 2.pdf

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

 

The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sales-to ...

Vancouver West Apartment Market

February 9th, 2018
Stats 18 2.pdf

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

 

The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sale ...

Vancouver East Apartment Market

February 9th, 2018
Stats 18 2.pdf

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

 

The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sale ...

Vancouver East Townhouse Market

February 9th, 2018
Stats 18 2.pdf

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

 

The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sale ...

Vancouver West Townhouse Market

February 9th, 2018
Stats 18 2.pdf

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

 

The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sale ...

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