Don Kennedy (www.donkennedyrealtor.com): HomeBlog

BCREA Mortgage Rate Forecast

December 10th, 2015

BC Real Estate Association's latest Mortgage Rate Forecast has been released.The highlights include:Qualifying rate steady but offered rates moving higher Canadian economy bounces back from first half contraction Bank of Canada moves to the sidelines in 2016 Mortgage Rate Forecast 15 12

Posted in British Columbia

Did interest rates just change?

December 7th, 2015

BCREA ECONOMICS NOWBank of Canada Interest Rate Decision - December 2, 2015The Bank of Canada announced this morning that it is maintaining its target for the overnight rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that inflation is in line with its outlook with total CPI inflation near the bottom of the Bank's 1 to 3 per cent target range while core inf ...

Posted in General

2016 BC housing forcast

November 10th, 2015

Housing Demand to Ease but Remain Elevated in 2016BCREA 2015 Fourth Quarter Housing Forecast Vancouver, BC – November 10, 2015. The British Columbia Real Estate Association (BCREA) released its 2015 Fourth Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in the province are projected to surpass 100,000 units this year. This level of home ...

Posted in British Columbia

High housing demand is province wide

November 10th, 2015

Robust Housing Demand Continues in October Vancouver, BC – November 12, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 8,725 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, up 14.1 per cent from the same month last year. Total sales dollar volume was $5.8 billion, up 32.3 per cent compared to the previ ...

Posted in British Columbia

Vancouver west detached analysis

November 7th, 2015

October statisticsAttached please find the latest statistics from the Greater Vancouver Real Estate Board.The News Release indicates that as autumn progresses the upward pressure on value remains unabated. The lowest fall inventory in five years is forcing eager home buyers to make ever increasing offers. Last month compared to October 2014 residential sales increase 19.3 percent. The invento ...

Posted in Vancouver Market

Vancouver east detached analysis

November 7th, 2015

October statistics Attached please find the latest statistics from the Greater Vancouver Real Estate Board.The News Release indicates that as autumn progresses the upward pressure on value remains unabated. The lowest fall inventory in five years is forcing eager home buyers to make ever increasing offers. Last month compared to October 2014 residential sales increase 19.3 percent. The inven ...

Posted in Vancouver Market

Vancouver west townhouse analysis

November 7th, 2015

October statisticsAttached please find the latest statistics from the Greater Vancouver Real Estate Board.The News Release indicates that as autumn progresses the upward pressure on value remains unabated. The lowest fall inventory in five years is forcing eager home buyers to make ever increasing offers. Last month compared to October 2014 residential sales increase 19.3 percent. The invento ...

Posted in Vancouver Market

Vancouver west condo analysis

November 7th, 2015

October statisticsAttached please find the latest statistics from the Greater Vancouver Real Estate Board.The News Release indicates that as autumn progresses the upward pressure on value remains unabated. The lowest fall inventory in five years is forcing eager home buyers to make ever increasing offers. Last month compared to October 2014 residential sales increase 19.3 percent. The invento ...

Posted in Vancouver Market

Vancouver east condo analysis

November 7th, 2015

October statisticsAttached please find the latest statistics from the Greater Vancouver Real Estate Board.The News Release indicates that as autumn progresses the upward pressure on value remains unabated. The lowest fall inventory in five years is forcing eager home buyers to make ever increasing offers. Last month compared to October 2014 residential sales increase 19.3 percent. The invento ...

Posted in Vancouver Market

Latest GDP numbers leave the "R" word to the pirates

October 30th, 2015

BCREA ECONOMICS NOW Canadian Monthly GDP Growth (August 2015) - October 30, 2015 The Canadian economy expanded 0.1 per cent in August, following 0.3 per cent growth in July. Growth in real GDP, as measured at the industry level, was led by gains in the manufacturing, mining and oil and gas sectors while retail trade and the finance sector were a drag on growth. T ...

Posted in General

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Don Kennedy - Sutton West Coast Realty

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BCREA Mortgage Rate Forecast

Did interest rates just change?

2016 BC housing forcast

High housing demand is province wide

Vancouver west detached analysis

Vancouver east detached analysis

Vancouver west townhouse analysis

Vancouver west condo analysis

Vancouver east condo analysis

Latest GDP numbers leave the "R" word to the pirates

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