Don Kennedy (www.donkennedyrealtor.com): HomeBlog

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 ...

Posted in Vancouver Market

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. ...

Posted in General

Canadian Mortgage Rate Forcast

March 17th, 2016

Canadian Mortgage Rate Forcast

Posted in General

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 ...

Posted in British Columbia

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, ...

Posted in British Columbia

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 ...

Posted in General

BC February housing starts are record setting

March 10th, 2016

Canadian Housing Starts - March 8, 2015 Canadian housing starts jumped close to 30 per cent in February following a dip in activity to start the year. Total housing starts were 212,594 units at a seasonally adjusted annual rate (SAAR). The six-month trend in Canadian housing starts of 198,880 was up slightly. Housing starts in BC were the highest on record in February ...

Posted in Vancouver Market

Vancouver west houses

March 7th, 2016

February statistics Attached please find the latest statistics from the Greater Vancouver Real Estate Board. Due to phenomenal competition the News Release not only reports above average sales last month but also labels February 2016 as the highest selling February on record. Last month compared to the previous February Metro Vancouver residential sales are up 36.3 percent. The price ...

Posted in Vancouver Market

Vancouver east houses

March 7th, 2016

February statistics Attached please find the latest statistics from the Greater Vancouver Real Estate Board. Due to phenomenal competition the News Release not only reports above average sales last month but also labels February 2016 as the highest selling February on record. Last month compared to the previous February Metro Vancouver residential sales are up 36.3 percent. The price ...

Posted in Vancouver Market

Vancouver East apartments

March 7th, 2016

February statistics Attached please find the latest statistics from the Greater Vancouver Real Estate Board. Due to phenomenal competition the News Release not only reports above average sales last month but also labels February 2016 as the highest selling February on record. Last month compared to the previous February Metro Vancouver residential sales are up 36.3 percent. The price ...

Posted in Vancouver Market

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Vancouver west attached

No change in interest rates again

Canadian Mortgage Rate Forcast

BC Home Sales Sizzle at Record Pace

Jobs in February

The effect of inflation on Canadian interest rate

BC February housing starts are record setting

Vancouver west houses

Vancouver east houses

Vancouver East apartments

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