Calmer Than Last Spring’s Record Pace (via REBGV)
Metro Vancouverhome buyer demand remains elevated While down from last year’s record numbers, home sale activity in Metro Vancouver’s* housing market remained elevated in March. The …
The Hayes' Blog
Cooling-off period won’t ease B.C.’s real estate affordability crunch, says expert (via CTV News)
Homebuyers in British Columbia will soon be protected by provincial regulations that include a cooling-off period that allows time to back out of a real estate …
B.C. to impose ‘cooling-off’ period for home buyers, the first of its kind in Canada (via The Globe And Mail)
British Columbian home buyers will be allowed some time to change their minds after making an offer to purchase in the province’s highly competitive housing market, …
Record-breaking number of new home listings in the Fraser Valley, while house prices soar in Metro Vancouver (via Van Sun)
The benchmark price of a detached home in the Fraser Valley rose to nearly $1.7 million and over $2 million in Metro Vancouver. The average price …
REBGV Q1 Housing Overview
The resale housing market moved in two bursts in 2021 with composite benchmark prices increasing 11% between January and June and a further 4% increase between …
Bank of Canada Rate Hike & Your Mortgage (via Globe & Mail)
The Bank of Canada raised its benchmark interest rate on Wednesday for the first time since 2018, a move that will affect the cost of borrowing …
Canadian house prices have doubled since 2015: report (via Urbanized)
It’s no secret that Canadian house prices have risen sky-high in recent years. But a new report from the Parliamentary Budget Office (PBO) highlights exactly how …
Metro Vancouver: Low supply keeps upward pressure on home prices
The first month of 2022 saw home sales come down from last year’s record–setting pace,while low supply continued to cause home prices to edge higher across …
BCREA Market Forecast
BCREA Market Forecast: The BC housing market is entering 2022 with the lowest level of active listings on record and significant demand-side momentum. That means …
Metro Vancouver home sales set a record in 2021 (via REBGV)
Metro Vancouver* home sales reached an all–time high in 2021 as housing needs remained a top priority for residents in thesecond year of theCOVID–19 pandemic. The …