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Blog by Don Kennedy

FALL BANK RATE RISE UNLIKELY

July 17th, 2019
BCREA ECONOMICS NOW

Canadian Inflation - July 17, 2019

Canadian inflation, as measured by the Consumer Price Index (CPI), rose by 2 per cent compared to the same time last year, a deceleration from 2.4 per cent in the prior month. Excluding the impact of lower energy prices, the CPI was up 2.6 per cent year-over-year. The Bank of Canada's three measures of trend inflation were also up in June, ...

BC Home Sales Trend Lower in June

July 16th, 2019

BC Home Sales Trend Lower in June

Vancouver, BC – July 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 6,960 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, a decline of 11.8 per cent from the same month last year. The average MLS® residential price in the province was $687,584, a decline of 4 per cent from June ...

WHY THE BoC INTEREST RATE REMAINS UNCHANGED

July 10th, 2019
BCREA ECONOMICS NOW

Bank of Canada Interest Rate Decision - July 10, 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 although ongoing global trade tensions are having a negative effect on the global economy, economic growth in Canada is improving. A decline in mortgage rates is ...

The Impact of the B20 Stress Test on BC Home Sales in 2018

July 9th, 2019

VANCOUVER WEST JUNE HOUSE MARKET

July 8th, 2019

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

 

The News Release opines that a Buyer / Seller standoff is underway in Metro Vancouver as hesitant Buyers try to time the optimum market entry point while Sellers struggle to realign value expectations rooted in a more robust past. The effect being that not since the year 2000 have average home sale ...

VANCOUVER EAST JUNE HOUSE MARKET

July 8th, 2019

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

 

The News Release opines that a Buyer / Seller standoff is underway in Metro Vancouver as hesitant Buyers try to time the optimum market entry point while Sellers struggle to realign value expectations rooted in a more robust past. The effect being that not since the year 2000 have average home sale ...

VANCOUVER WEST JUNE APARTMENT MARKET

July 8th, 2019

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

 

The News Release opines that a Buyer / Seller standoff is underway in Metro Vancouver as hesitant Buyers try to time the optimum market entry point while Sellers struggle to realign value expectations rooted in a more robust past. The effect being that not since the year 2000 have average home sale ...

VANCOUVER EAST JUNE APARTMENT MARKET

July 8th, 2019

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

 

The News Release opines that a Buyer / Seller standoff is underway in Metro Vancouver as hesitant Buyers try to time the optimum market entry point while Sellers struggle to realign value expectations rooted in a more robust past. The effect being that not since the year 2000 have average home sale ...

VANCOUVER WEST JUNE TOWNHOME MARKET

July 8th, 2019

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

 

The News Release opines that a Buyer / Seller standoff is underway in Metro Vancouver as hesitant Buyers try to time the optimum market entry point while Sellers struggle to realign value expectations rooted in a more robust past. The effect being that not since the year 2000 have average home sale ...

VANCOUVER EAST JUNE TOWNHOME MARKET

July 8th, 2019

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

 

The News Release opines that a Buyer / Seller standoff is underway in Metro Vancouver as hesitant Buyers try to time the optimum market entry point while Sellers struggle to realign value expectations rooted in a more robust past. The effect being that not since the year 2000 have average home sale ...

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