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Blog by Don Kennedy

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Vancouver west houses

April 13th, 2016
March statisticsAttached please find the latest statistics from the Real Estate Board of Greater Vancouver.The News Release heralds March 2016 as the highest selling month EVER for the REBGV. Last month compared to the previous March Metro Vancouver residential sales are up 27.4 percent. The supply of detached, attached and apartment homes continues to lag behind demand so although the invent ...

Vancouver east houses

April 13th, 2016
March statisticsAttached please find the latest statistics from the Real Estate Board of Greater Vancouver.The News Release heralds March 2016 as the highest selling month EVER for the REBGV. Last month compared to the previous March Metro Vancouver residential sales are up 27.4 percent. The supply of detached, attached and apartment homes continues to lag behind demand so although the invent ...

Vancouver east apartments

April 13th, 2016
March statisticsAttached please find the latest statistics from the Real Estate Board of Greater Vancouver.The News Release heralds March 2016 as the highest selling month EVER for the REBGV. Last month compared to the previous March Metro Vancouver residential sales are up 27.4 percent. The supply of detached, attached and apartments continues to lag behind demand so although the inventory o ...

Vancouver west apartments

April 13th, 2016
March statisticsAttached please find the latest statistics from the Real Estate Board of Greater Vancouver.The News Release heralds March 2016 as the highest selling month EVER for the REBGV. Last month compared to the previous March Metro Vancouver residential sales are up 27.4 percent. The supply of detached, attached and apartment homes continues to lag behind demand so although the invent ...

Vancouver west attached

April 13th, 2016
March statisticsAttached please find the latest statistics from the Real Estate Board of Greater Vancouver.The News Release heralds March 2016 as the highest selling month EVER for the REBGV. Last month compared to the previous March Metro Vancouver residential sales are up 27.4 percent. The supply of detached, attached and apartment homes continues to lag behind demand so although the invent ...

No change in interest rates again

April 13th, 2016
BCREA ECONOMICS NOWBank of Canada Interest Rate Announcement - April 13, 2016The Bank of Canada announced this morning that it is maintaining its overnight rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that although first quarter GDP growth appears unexpectedly strong, it believes that strength is temporary and will likely reverse in the second quarter. ...

Canadian Mortgage Rate Forcast

March 17th, 2016
Canadian Mortgage Rate Forcast

BC Home Sales Sizzle at Record Pace

March 15th, 2016
  Vancouver, BC – March 14, 2016. The British Columbia Real Estate Association (BCREA) reports that a total of 9,637 residential unit sales were recorded by the Multiple Listing Service® (MLS®) last month, up 44.7 per cent from February of last year. This smashed the previous record of 8,157 unit sales for the month of February recorded in 1992. Total sales dollar volume was $7 ...

Jobs in February

March 11th, 2016
Canadian Employment - March 11, 2016Employment in Canada was unchanged in February as gains in part-time work offset a decline in full-time jobs. The national unemployment rate rose 0.1 points to 7.3 per cent, the highest rate of unemployment in three years. BC was the only province that saw job growth in February. Employment was up by 14,000 jobs and was 3 per cent higher than one year ago, ...

The effect of inflation on Canadian interest rate

March 10th, 2016
Bank of Canada Interest Rate Announcement - March 9, 2016 The Bank of Canada announced this morning that it is maintaining its overnight rate at 0.5 per cent. In the press release accompanying the decision, the Bank noted that inflation is evolving as anticipated but that a weak economy will continue to dampen growth in consumer prices. Overall, the Bank judges that risks i ...
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