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Blog by Don Kennedy

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Vancouver East Houses 17 7

August 8th, 2017
July Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release describes the Metro Vancouver July Real Estate Market as having reached a typical summer level, almost at par with the 10 year average for the month.  Buyers however are enjoying the most selection of any time so far in 2017. Strata properties on average are s ...

Vancouver East Condos 17 7

August 8th, 2017
July StatisticsAttached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release describes the Metro Vancouver July Real Estate Market as having reached a typical summer level, almost at par with the 10 year average for the month.  Buyers however are enjoying the most selection of any time so far in 2017. Strata properties on average are sel ...

Vancouver West Condos 17 7

August 8th, 2017
July Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release describes the Metro Vancouver July Real Estate Market as having reached a typical summer level, almost at par with the 10 year average for the month.  Buyers however are enjoying the most selection of any time so far in 2017. Strata properties on average are s ...

Vancouver West Townhomes 17 7

August 8th, 2017
July Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release describes the Metro Vancouver July Real Estate Market as having reached a typical summer level, almost at par with the 10 year average for the month.  Buyers however are enjoying the most selection of any time so far in 2017. Strata properties on average are s ...

Vancouver East Townhomes 17 7

August 8th, 2017
July Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release describes the Metro Vancouver July Real Estate Market as having reached a typical summer level, almost at par with the 10 year average for the month.  Buyers however are enjoying the most selection of any time so far in 2017. Strata properties on average are s ...

Fairview VW Open House!

August 6th, 2017
We are proud to announce that this Aug 6th, 2:00 PM to 4:00 PM we will be hosting an Open House at 555 14TH AVENUE in the Fairview VW neighborhood, Vancouver West. This is an opportunity to visit this excellent Condo for sale in beautiful Fairview VW.Please come with any questions you may have. In the meantime you can take a virtual tour of this Fairview VW Condo for sale.As always please do ...

Fall Interest Hike Likely, Low Inflation Mitigates More

July 30th, 2017
BCREA ECONOMICS NOW Canadian Monthly Real GDP Growth (May) - July 28, 2017 The Canadian economy posted blockbuster growth in May, expanding 0.6 per cent on a monthly basis and 4.6 per cent year-over-year.  This was the seventh consecutive month of positive growth for the Canadian economy. Moreover, growth was broad based with output increasing in 14 of 20 industrial ...

CMHC: problematic Vancouver housing market conditions

July 26th, 2017
Overheating, Price Acceleration and Overvaluation are problems for Vancouver according to this CMHC Q3 report:CMHC Q3 Report

Low Inflation Likely Mitigates Future Interest Hikes

July 21st, 2017
Canadian Retail Sales and Consumer Price Inflation - July 21, 2017 Canadian inflation, as measured by the Consumer Price Index (CPI), registered just 1 per cent in the 12 months to June. That is down from 1.3 per cent in May.   The Bank of Canada's new core measure of inflation, called CPI-common,  registered 1.4 per cent, a sight uptick from May.   In BC, provincial consumer price inf ...

First Interest Rate Hike in 7 Years Announced

July 12th, 2017
BCREA ECONOMICS NOW   Bank of Canada Interest Rate Decision - July 12, 2017   The Bank of Canada announced this morning that it is raising its target for the overnight rate by 25 basis points to 0.75 per cent. In the press release accompanying the decision, the Bank noted that Canada's economy has been robust and a significant amount of economic slack has been absorbed. Whi ...
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