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Blog by Don Kennedy

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VANCOUVER EAST MARCH APARTMENT MARKET

April 6th, 2018
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release reports the regions lowest first quarter sales total in five years as mortgage stress tests, increased interest rates, new taxes and elevated prices lower demand. However low inventory due to fewer homes listed for sale maintains upward pressure on value. Last month total residenti ...

VANCOUVER EAST MARCH TOWNHOME MARKET

April 6th, 2018
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release reports the regions lowest first quarter sales total in five years as mortgage stress tests, increased interest rates, new taxes and elevated prices lower demand. However low inventory due to fewer homes listed for sale maintains upward pressure on value. Last month total residenti ...

VANCOUVER WEST FEBRUARY HOUSE MARKET

March 8th, 2018
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release outlines anticipation within Real Estate as to what effect rising interest rates and legislation from all levels of government will have on the traditionally most active spring market. Meantime February saw all sectors slip below the 10 year average for the first time in a while an ...

VANCOUVER EAST FEBRUARY HOUSE MARKET

March 8th, 2018
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release outlines anticipation within Real Estate as to what effect rising interest rates and legislation from all levels of government will have on the traditionally most active spring market. Meantime February saw all sectors slip below the 10 year average for the first time in a while an ...

VANCOUVER WEST FEBRUARY CONDO MARKET

March 8th, 2018
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release outlines anticipation within Real Estate as to what effect rising interest rates and legislation from all levels of government will have on the traditionally most active spring market. Meantime February saw all sectors slip below the 10 year average for the first time in a while an ...

VANCOUVER EAST FEBRUARY CONDO MARKET

March 8th, 2018
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release outlines anticipation within Real Estate as to what effect rising interest rates and legislation from all levels of government will have on the traditionally most active spring market. Meantime February saw all sectors slip below the 10 year average for the first time in a while an ...

VANCOUVER EAST FEBRUARY TOWNHOUSE MARKET

March 8th, 2018
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release outlines anticipation within Real Estate as to what effect rising interest rates and legislation from all levels of government will have on the traditionally most active spring market. Meantime February saw all sectors slip below the 10 year average for the first time in a while an ...

VANCOUVER WEST FEBRUARY TOWNHOUSE MARKET

March 8th, 2018
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release outlines anticipation within Real Estate as to what effect rising interest rates and legislation from all levels of government will have on the traditionally most active spring market. Meantime February saw all sectors slip below the 10 year average for the first time in a while an ...

Interest Rates Won't Rise - For Now.

March 7th, 2018
BCREA ECONOMICS NOWBank of Canada Interest Rate Announcement  - March 7, 2018The Bank of Canada opted to maintain its target for the overnight interest rate this morning at 1.25 per cent.  In the statement accompanying the decision, the Bank noted that although growth in the Canadian economy slowed more than expected in the fourth quarter of 2017, the economy is expected to operate at capacit ...

Expect Another Interest Rate Hike This Year

February 23rd, 2018
BCREA ECONOMICS NOW   Canadian Inflation - February 23, 2018   Canadian inflation, as measured by the Consumer Price Index (CPI), slowed for a second consecutive month to 1.7 per cent year-over-year, down from 1.9 per cent in December. The Bank of Canada's three measures of trend inflation were either up or flat in January, and are all now close to 2 per cent.   In BC, provincial consumer ...
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