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Blog by Don Kennedy

BANK RATE PRESSURE ONGOING

September 28th, 2018
BCREA ECONOMICS NOW

Canadian Monthly GDP Growth (July 2018) - September 28, 2018

The Canadian economy expanded at a 0.2 per cent monthly rate in July after recording no change in June. Growth was fairly broad based with 12 of 20 industrial sectors reporting higher output, led by gains in manufacturing, wholesale trade and the recovery of real estate transactions after the introduction of the B2 ...

HOW IMPACTFUL ON BC ARE FED MORTGAGE STRESS TESTS?

September 13th, 2018

August Home Sales Suggest Impact of Stress Test Fading

Vancouver, BC – September 13, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,743 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in August, a 26.4 per cent decrease from the same month last year. The average MLS® residential price in BC was $669,77 ...

VANCOUVER WEST AUGUST HOUSE MARKET

September 7th, 2018

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

 

The News Release suggests that Buyers took a summer vacation from the Metro Vancouver Real Estate market. Reduced Buyer activity caused lower benchmark prices in August for the second month in a row for all three housing categories, especially detached properties according to the sales-to-active-li ...

VANCOUVER EAST AUGUST HOUSE MARKET

September 7th, 2018

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

 

The News Release suggests that Buyers took a summer vacation from the Metro Vancouver Real Estate market. Reduced Buyer activity caused lower benchmark prices in August for the second month in a row for all three housing categories, especially detached properties according to the sales-to-active-li ...

VANCOUVER WEST AUGUST APARTMENT MARKET

September 7th, 2018

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

 

The News Release suggests that Buyers took a summer vacation from the Metro Vancouver Real Estate market. Reduced Buyer activity caused lower benchmark prices in August for the second month in a row for all three housing categories, especially detached properties according to the sales-to-active-li ...

VANCOUVER EAST AUGUST APARTMENT MARKET

September 7th, 2018

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

 

The News Release suggests that Buyers took a summer vacation from the Metro Vancouver Real Estate market. Reduced Buyer activity caused lower benchmark prices in August for the second month in a row for all three housing categories, especially detached properties according to the sales-to-active-li ...

VANCOUVER WEST AUGUST TOWNHOME MARKET

September 7th, 2018

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

 

The News Release suggests that Buyers took a summer vacation from the Metro Vancouver Real Estate market. Reduced Buyer activity caused lower benchmark prices in August for the second month in a row for all three housing categories, especially detached properties according to the sales-to-active-li ...

VANCOUVER EAST AUGUST TOWNHOME MARKET

September 7th, 2018

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

 

The News Release suggests that Buyers took a summer vacation from the Metro Vancouver Real Estate market. Reduced Buyer activity caused lower benchmark prices in August for the second month in a row for all three housing categories, especially detached properties according to the sales-to-active-li ...

B of C HOLDS STEADY ON INTEREST RATE

September 5th, 2018
BCREA ECONOMICS NOW

Bank of Canada Interest Rate Announcement - September 5, 2018

The Bank of Canada maintained its target for the overnight rate at 1.50 per cent this morning. In the statement accompanying the decision, the Bank noted that the Canadian economy is evolving in line with its projections and that real GDP growth is expected to slow in the third quarter due to fluctuations in energ ...

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