Housing demand impact of record-high immigration is five times as large as the Foreign Buyers Ban: report Vancouver, BC– March 28, 2023. To fully offset a deterioration in housing affordability, new home completions in BC need to increase 25 per cent above their historical average level for the next five years to a record level…
Highlights: Economic uncertainty driving substantial volatility in Canadian bond markets. Is the Canadian economy just slowing or something worse? Inflation trending the right direction, will that be enough to keep the Bank of Canada on hold?
1. Areas covered by the Association of Interior REALTORS® Market Statistics include: Central/North Okanagan, Shuswap/ Revelstoke, South Okanagan/ South Peace River Statistics for Related Areas Fraser Valley Real Estate Stats Vancouver Real Estate Stats Victoria Real Estate Stats Statistics from Recent Months January 2023 Okanagan Real Estate Stats December 2022 Okanagan Real Estate…
1. Areas covered by the Association of Interior REALTORS® Market Statistics include: Central/North Okanagan, Shuswap/ Revelstoke, South Okanagan/ South Peace River Statistics for Related Areas Fraser Valley Real Estate Stats Vancouver Real Estate Stats Victoria Real Estate Stats Statistics from Recent Months January 2023 Okanagan Real Estate Stats December 2022 Okanagan Real Estate…
Signs of stability in Fraser Valley create opportunities for home buyers and sellers SURREY, BC — House prices in the Fraser Valley posted a slight but positive bump in February after nearly a year of month-overmonth decreases. Similarly, sales, though still trending lower than normal, also recorded their first monthly gain since October. The…
Winter real estate market wraps with improved consumer confidence and more stable pricing A total of 460 properties sold in the Victoria Real Estate Board region this February, 35.9 per cent fewer than the 718 properties sold in February 2022 but a 65.5 per cent increase from January 2023. Sales of condominiums were down…
Signs of stability in Fraser Valley create opportunities for home buyers and sellers SURREY, BC — House prices in the Fraser Valley posted a slight but positive bump in February after nearly a year of month-overmonth decreases. Similarly, sales, though still trending lower than normal, also recorded their first monthly gain since October. The…
Below average home sales allow inventory to inch upwards VANCOUVER, BC – March 2, 2023 – February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s* housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the…
Winter real estate market wraps with improved consumer confidence and more stable pricing A total of 460 properties sold in the Victoria Real Estate Board region this February, 35.9 per cent fewer than the 718 properties sold in February 2022 but a 65.5 per cent increase from January 2023. Sales of condominiums were down…
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