Don Kennedy (www.donkennedyrealtor.com): HomeBlog

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 ...

Posted in Vancouver Market

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 ...

Posted in Vancouver Market

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 ...

Posted in General

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 ...

Posted in General

BC Budget: Taxes Won't Make Housing Affordable

February 22nd, 2018

Government Needs Transitional Rules For All Transactions Impacted By Taxes Introduced In Budget 2018 New taxes unlikely to stabilize housing market Victoria, BC – February 20, 2018. The British Columbia Real Estate Association calls on the government to introduce transitional rules for all transactions impacted by the new tax measures introduced in Budget 2018. The new tax measures com ...

Posted in British Columbia

Mortgage Stress Test Blamed For Dip In BC Home Sales

February 15th, 2018

BC Home Sales Dip After Strong December Vancouver, BC – February 15, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 5,306 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in January, an increase of 18.3 per cent from the same period last year. The average MLS® residential price in BC was $721,477, up 16. ...

Posted in British Columbia

Vancouver West House Market

February 9th, 2018

Stats 18 2.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sale ...

Posted in Vancouver Market

Vancouver East House Market

February 9th, 2018

Stats 18 2.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sales-to ...

Posted in Vancouver Market

Vancouver West Apartment Market

February 9th, 2018

Stats 18 2.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sale ...

Posted in Vancouver Market

Vancouver East Apartment Market

February 9th, 2018

Stats 18 2.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release paints a robust picture for strata units to start 2018 but for detached homes not so much. The supply of apartments and townhomes is not meeting demand whereas houses are the only sector to slip under the 10 year sales average for January. Also the detached sale ...

Posted in Vancouver Market

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Don Kennedy - Sutton West Coast Realty

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VANCOUVER EAST FEBRUARY TOWNHOUSE MARKET

VANCOUVER WEST FEBRUARY TOWNHOUSE MARKET

Interest Rates Won't Rise - For Now.

Expect Another Interest Rate Hike This Year

BC Budget: Taxes Won't Make Housing Affordable

Mortgage Stress Test Blamed For Dip In BC Home Sales

Vancouver West House Market

Vancouver East House Market

Vancouver West Apartment Market

Vancouver East Apartment Market

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