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Blog by Don Kennedy

WHY INTEREST RATES WILL STAY UNCHANGED

May 29th, 2019
BCREA ECONOMICS NOW

Bank of Canada Interest Rate Announcement - May 29, 2019

The Bank of Canada left its target for the overnight rate unchanged at 1.75 per cent this morning. In the statement accompanying the decision, the Bank noted that the slowdown over the past two quarters was temporary and growth should pick up beginning in the second quarter of 2019. On inflation, the Bank expects that ...

FALLING HOME PRICES STILL UNAFFORDABLE

May 14th, 2019

Affordability Continues to Weigh on Housing Demand

Vancouver, BC – May 14, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 6,652 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, a decline of 18.9 per cent from the same month last year. The average MLS® residential price in the province was $685,304, a decline of 6.2 ...

VANCOUVER WEST APRIL HOUSE MARKET

May 12th, 2019

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

 

The News Release puts the blame squarely on Federal Government mortgage stress tests as the major reason for the ongoing backlog of Real Estate inventory in Greater Vancouver. Not since the fall of 2014 have we seem more homes listed for sale than this April. Last month, total Metro Vancouver resid ...

VANCOUVER EAST APRIL HOUSE MARKET

May 12th, 2019

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

 

The News Release puts the blame squarely on Federal Government mortgage stress tests as the major reason for the ongoing backlog of Real Estate inventory in Greater Vancouver. Not since the fall of 2014 have we seem more homes listed for sale than this April. Last month, total Metro Vancouver resid ...

VANCOUVER WEST APRIL APARTMENT MARKET

May 12th, 2019

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

 

The News Release puts the blame squarely on Federal Government mortgage stress tests as the major reason for the ongoing backlog of Real Estate inventory in Greater Vancouver. Not since the fall of 2014 have we seem more homes listed for sale than this April. Last month, total Metro Vancouver resid ...

VANCOUVER EAST APRIL APARTMENT MARKET

May 12th, 2019

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

 

The News Release puts the blame squarely on Federal Government mortgage stress tests as the major reason for the ongoing backlog of Real Estate inventory in Greater Vancouver. Not since the fall of 2014 have we seem more homes listed for sale than this April. Last month, total Metro Vancouver resid ...

VANCOUVER WEST APRIL TOWNHOME MARKET

May 12th, 2019

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

 

The News Release puts the blame squarely on Federal Government mortgage stress tests as the major reason for the ongoing backlog of Real Estate inventory in Greater Vancouver. Not since the fall of 2014 have we seem more homes listed for sale than this April. Last month, total Metro Vancouver resid ...

VANCOUVER EAST APRIL TOWNHOME MARKET

May 12th, 2019

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

 

The News Release puts the blame squarely on Federal Government mortgage stress tests as the major reason for the ongoing backlog of Real Estate inventory in Greater Vancouver. Not since the fall of 2014 have we seem more homes listed for sale than this April. Last month, total Metro Vancouver resid ...

404 1315 CARDERO STREET, Vancouver West, BC

May 10th, 2019

I just finished uploading this Condo for sale, 404 1315 CARDERO STREET, Vancouver West, BC

Vintage, well cared for one bedroom at the iconic and exceptionally well managed DIANNE COURT co-op in the heart of Vancouver’s West End. Conveniently located close to Sunset Beach, Seawall, transportation and the endless shops and service along Denman and Davie. Bright and open with flawless oak hardw ...

Yaletown Open House!

May 3rd, 2019

We are proud to announce that this May 5th, 2:00 PM to 4:00 PM we will be hosting an Open House at 303 980 COOPERAGE WAY in the Yaletown neighborhood, Vancouver West. This is an opportunity to visit this excellent Condo for sale in beautiful Yaletown.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Yaletown Condo for sale.

As always please do not ...

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