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Blog by Don Kennedy

Fall In Mortgage Rate On The Horizon?

February 27th, 2019
Canadian Inflation - February 27, 2019

Canadian inflation, as measured by the Consumer Price Index (CPI), registered only 1.4 per cent in the twelve months to January. That was a significant drop from 2 per cent in December due to a 7 per cent decline in energy costs.  Excluding the impact of falling gasoline prices, consumer prices were up 2.1 per cent. The Bank of Canada's three measures of ...

BCREA REAL ESTATE FORECAST

February 25th, 2019
Housing Market Adjusts to Mortgage Stress Test


BCREA 2019 First Quarter Housing Forecast Update
 
   



Vancouver, BC – February 25, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 First Quarter Housing Forecast Update today.
 
Multiple Listing Service® (MLS®) residential sales in the province are forecast to increase 2 per cent to 80,000 units this year, af ...

BCREA BLAMES STRESS TESTS FOR SLOW MARKET

February 15th, 2019

Policy-Induced Housing Slowdown Continues into 2019

Vancouver, BC – February 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 3,546 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, a decline of 33.2 per cent from the same month last year. The average MLS® residential price in the province was $665,590, a declin ...

VANCOUVER WEST JANUARY HOUSE MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER EAST JANUARY HOUSE MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER WEST JANUARY APARTMENT MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER EAST JANUARY APARTMENT MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER EAST JANUARY TOWNHOME MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

VANCOUVER WEST JANUARY TOWNHOME MARKET

February 11th, 2019

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

 

The News Release echoes bad news for Sellers in Metro Vancouver. Buyers are shopping but pressure on mortgage availability has kept them on the sideline causing a burgeoning inventory and receding sales. This has contributed to the continued decline in value which has persisted for 7 months now. La ...

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