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VANCOUVER EAST MAY TOWNHOME MARKET

June 12th, 2019

Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release targets high prices and Federal Government mortgage stress tests as insurmountable hurdles that are causing the volume of Metro Vancouver Buyers to dwindle. This has resulted in the lowest total home sales average in the area for the month of May since the year 2000. In all last mo ...

Posted in Vancouver Market

WHY INTEREST RATES WILL STAY UNCHANGED

May 29th, 2019

BCREA ECONOMICS NOWBank of Canada Interest Rate Announcement - May 29, 2019The 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 ...

Posted in General

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 ...

Posted in British Columbia

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 ...

Posted in Vancouver Market

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 ...

Posted in Vancouver Market

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 ...

Posted in Vancouver Market

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 ...

Posted in Vancouver Market

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 ...

Posted in Vancouver Market

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 ...

Posted in Vancouver Market

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 ...

Posted in Vancouver Market

DonKennedyRealtor.com

Don Kennedy - Sutton West Coast Realty

Blog by Don Kennedy

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VANCOUVER EAST MAY TOWNHOME MARKET

WHY INTEREST RATES WILL STAY UNCHANGED

FALLING HOME PRICES STILL UNAFFORDABLE

VANCOUVER WEST APRIL HOUSE MARKET

VANCOUVER EAST APRIL HOUSE MARKET

VANCOUVER WEST APRIL APARTMENT MARKET

VANCOUVER WEST APRIL APARTMENT MARKET

VANCOUVER EAST APRIL APARTMENT MARKET

VANCOUVER WEST APRIL TOWNHOME MARKET

VANCOUVER EAST APRIL TOWNHOME MARKET

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