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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

Posted in Vancouver Market

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 ...

Posted in General

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 ...

Posted in General

Vancouver West Houses 17 6

July 8th, 2017

June Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release tells a tale of two titles as strata properties dominate while single detached properties see an easing in demand. While the sales-to-active listings ratio for single-family homes is nowhere near the threshold triggering downward pressure on value, demand is ...

Posted in Vancouver Market

Vancouver East Houses 17 6

July 8th, 2017

June Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release tells a tale of two titles as strata properties dominate while single detached properties see an easing in demand. While the sales-to-active listings ratio for single-family homes is nowhere near the threshold triggering downward pressure on value, demand is n ...

Posted in Vancouver Market

Vancouver East Apartments 17 6

July 8th, 2017

June Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release tells a tale of two titles as strata properties dominate while single detached properties see an easing in demand. While the sales-to-active listings ratio for single-family homes is nowhere near the threshold triggering downward pressure on value, demand is ...

Posted in Vancouver Market

Vancouver West Apartments 17 6

July 8th, 2017

June Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release tells a tale of two titles as strata properties dominate while single detached properties see an easing in demand. While the sales-to-active listings ratio for single-family homes is nowhere near the threshold triggering downward pressure on value, demand is ...

Posted in Vancouver Market

Vancouver West Townhomes 17 6

July 8th, 2017

June Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release tells a tale of two titles as strata properties dominate while single detached properties see an easing in demand. While the sales-to-active listings ratio for single-family homes is nowhere near the threshold triggering downward pressure on value, demand is ...

Posted in Vancouver Market

Vancouver East Townhomes 17 6

July 8th, 2017

June Statistics Attached please find the latest statistics from the Real Estate Board of Greater Vancouver. The News Release tells a tale of two titles as strata properties dominate while single detached properties see an easing in demand. While the sales-to-active listings ratio for single-family homes is nowhere near the threshold triggering downward pressure on value, demand is ...

Posted in Vancouver Market

UPDATED: Knight Open House!

July 8th, 2017

Please note the change for this upcoming openhouse.We are proud to announce that this Jul 8th, 2:00 PM to 4:00 PM we will be hosting an Open House at 1336 17TH AVENUE in the Knight neighborhood, Vancouver East. This is an opportunity to visit this excellent House for sale in beautiful Knight.Please come with any questions you may have. In the meantime you can take a virtual tour of this Knigh ...

Posted in Listings

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Don Kennedy - Sutton West Coast Realty

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CMHC: problematic Vancouver housing market conditions

Low Inflation Likely Mitigates Future Interest Hikes

First Interest Rate Hike in 7 Years Announced

Vancouver West Houses 17 6

Vancouver East Houses 17 6

Vancouver East Apartments 17 6

Vancouver West Apartments 17 6

Vancouver West Townhomes 17 6

Vancouver East Townhomes 17 6

UPDATED: Knight Open House!

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