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B.C. Real Estate Assoc. News Release: More Homes for Sale - Welcome News for Homebuyers
The British Columbia Real Estate Assciation (BCREA) released a press release yesterday morning with the title More Homes for Sale - Welcome News for Homebuyers and indeed the inventory of homes for sale in British Columia is up. Sales were down last month, Read More...
Vancouver Real Estate Statistics and Housing Starts For April
I am bit late getting these out, but here they are nonetheless. Last Friday the Real Estate Board of Greater Vancouver (REBGV) released the April statistics and earlier this week Canada Mortgage and Housing Corp (CMHC) released Vancouver's April housing Read More...
B.C. Real Estate Statistics Hit The News!
Hello again! I've been on holiday and also just been a bit lazy with the blog lately. I am trying to get back on the ball, as it were. Today the British Columbia Real Estate Association released their Spring 2008 Housing Forecast . I also heard BCREA Read More...
15 Vancouver Real Estate Myths In The News Today
Well, that's nothing new. Vancouver real estate is in the news almost everyday. The Vancouver Sun online has a story today titled 15 Real Estate Myths & Realities: The List. The article also includes the transcript of an interview by Christy Clark Read More...
Canadian Building Permits Down, But Housing Starts Up
I've been a lazy blogger this week. Not much in the way of big Vancouver real estate news, but I've been meaning to get out this post. On Monday this week Canadian building permit numbers for February were released and on Tuesday the Canadian Read More...
Vancouver Real Estate Statistics for March Show a Balancing Market
The Greater Vancouver real estate market saw increases listings and decreased sales last month, yet prices continued to climb. That is not how it is supposed to work, but lets reserve opinion for a month or two and see what happens. Sellers always suffer Read More...
Vancouver Real Estate News: The Spring Break Review
I was away for Spring Break last week. Got back on Tuesday but have been busy catching up the last couple of days. Now its time to get you, and me , up to speed on the latest real estate news. The trend seems to be towards analysis of the future of the Read More...
RBC Affordability Report: Vancouver Real Estate is Still Unaffordable
RBC Royal Bank released their quarterly (is it really the 2nd quarter already?) housing affordability report today and the news is not good on the affordability front. The report starts out by saying: Nationwide housing affordability deteriorated in every Read More...
SURPRISE! Vancouver Housing Starts up in February. Who Cares?
According to CMHC Vancouver housing starts were up over 100% last month compared to February 2007. This is good news for the newspapers, but what does this tell us that we didn't already know? Not much. The Vancouver market is healthy? Inventory is Read More...
RBC Royal Bank Reports Less People Plan to Buy a Home in 2008
RBC Royal Bank released their 15th Annual Homeownership Survey yesterday and according to the survey less British Columbians are planning to buy a home in the next two years. A quote from the news release: “In 2008, we may see a shift in homebuying Read More...
Vancouver Real Estate Statistics for February 2008
The Real Estate Board of Greater Vancouver (REBGV) released their February 2008 statistics yesterday with the headline "Housing options broaden for buyers in February". Sales across all categories (detached, attached and condominiums) were down Read More...
Vancouver Real Estate: The Decade in Review
Remax Canada released their Decade in Review report late last week and it revealed some interesting facts about the Vancouver real estate market . From 1997 - 2007 Vancouver did NOT have the highest residential MLS® average price appreciation in Canada. Read More...
U.S. Housing Starts Up, But Permits Down
This one is straight from the daily RBC Economic Update by RBC Economist Rishi Sondhi that is subscribe too. You too can subscribe to these as well as many other reports from the RBC Ecomonics team . They are useful for keeping an eye on the Canadian Read More...
Vancouver BC Real Estate: Housing Starts Up In January
Well its Friday and Fridays are for fun and Vancouver housing starts aren't very fun, but CMHC just released the January housing starts numbers so here we are. Housing starts must for fun for someone. The numbers are good with housing starts for last Read More...
Vancouver Real Estate Statistics For January 2008
The Real Estate Board of Greater Vancouver (REBGV) has released their January 2008 statistics release. The headline is "New listings rise to start the New Year" as there were 14.9% more new listings this January in Greater Vancouver than in Read More...
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