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Blog by Don Kennedy

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Vancouver East Townhomes 4 17

May 8th, 2017
Stats 17 5.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release lauds sales returning an above 10 year April average while lamenting a sparse supply. Although activity is below the record set a year ago the conclusion is that upward pressure on prices is a given, particularly regarding the condo and townhouse markets where S ...

No rise in the bank rate today, possibly not until 2018

April 12th, 2017
Bank of Canada Interest Rate Announcement - April 12, 2017 The Bank of Canada announced this morning that it is holding the target for its overnight rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that economic growth has been faster than previously expected, boosted by what the Bank sees as temporary spending from the oil and gas recovery ...

Vancouver West Houses 3 17

April 10th, 2017
Stats 17 4.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release presents a reversion to above average sales for the month of March and forecasts price softening as unlikely since the Metro Vancouver demand remains greater than the housing supply. Homeowners are displaying a great reluctance to sell, particularly in the condo ...

Vancouver East Houses 3 17

April 10th, 2017
Stats 17 4.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release presents a reversion to above average sales for the month of March and forecasts price softening as unlikely since the Metro Vancouver demand remains greater than the housing supply. Homeowners are displaying a great reluctance to sell, particularly in the condo ...

Vancouver East Apartments 3 17

April 10th, 2017
Stats 17 4.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release presents a reversion to above average sales for the month of March and forecasts price softening as unlikely since the Metro Vancouver demand remains greater than the housing supply. Homeowners are displaying a great reluctance to sell, particularly in the condo ...

Vancouver West Apartments 3 17

April 10th, 2017
Stats 17 4.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release presents a reversion to above average sales for the month of March and forecasts price softening as unlikely since the Metro Vancouver demand remains greater than the housing supply. Homeowners are displaying a great reluctance to sell, particularly in the condo ...

Vancouver West Townhomes 3 17

April 10th, 2017
Stats 17 4.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release presents a reversion to above average sales for the month of March and forecasts price softening as unlikely since the Metro Vancouver demand remains greater than the housing supply. Homeowners are displaying a great reluctance to sell, particularly in the condo ...

Vancouver East Townhomes 3 17

April 10th, 2017
Stats 17 4.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release presents a reversion to above average sales for the month of March and forecasts price softening as unlikely since the Metro Vancouver demand remains greater than the housing supply. Homeowners are displaying a great reluctance to sell, particularly in the condo ...

BC Real Estate Back To Normal In February

March 20th, 2017
February Home Sales Reflect Typical Consumer Demand Vancouver, BC – March 15, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 6,580 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February, down 31.7 per cent from the same period last year. Total sales dollar volume was $4.53 billion, down 39.7 per cent from February 2016 ...

Vancouver West Houses 2 2017

March 5th, 2017
Stats 17 3.pdf Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.   The News Release notes continued below average sales for this February albeit by a diminished margin compared to recent months. As contributing factors, unusual snow accumulation now joins a short supply not meeting demand. We have to go back fourteen years to match the low numb ...
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