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Kaitlin Last

Contributing editor, and data sherpa.

Vancouver

Vancouver Detached Real Estate Sales Fall To Multi-Decade Low, Losses Get Bigger

July 10, 2019

Greater Vancouver’s detached real estate market slipped a little lower last month. Real Estate Board of Greater Vancouver (REBGV) numbers show prices dropped in June. Prices for the market dropped as inventory made a small decline, and sales had the worst June in almost 30 years. Greater Vancouver Detached Real Estate Prices Are Down Over […]

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Toronto

Toronto Detached Real Estate Prices Rise From Last Year… But Losses Get Bigger From Peak

Toronto Detached Real Estate Prices Rise From Last Year… But Losses Get Bigger From Peak
July 10, 2019

Greater Toronto’s detached real estate market is improving, but still far from recovered. Toronto Real Estate Board (TREB) numbers show year-over-year improvements in June. Numbers are better compared to last year, but the market has a long way to go to get back to normal. The biggest improvements are in the 905, which is seeing […]

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Vancouver

Greater Vancouver Real Estate Hits 19 Year Low For Sales, Inventory Rises Over 25%

July 4, 2019

Vancouver real estate’s rough patch became a little more bumpy last month. Real Estate Board of Greater Vancouver (REBGV) numbers show prices made another decline in June. The market experienced a drop in prices, sales plummeting, and inventory soaring to a multi-year high. Vancouver Real Estate Prices Fall To Lowest Level Since May 2017 The […]

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Toronto

Toronto Real Estate Sales Jump Over 9%, Still Down Significantly From Normal

July 4, 2019

Toronto real estate continues to trend higher, but isn’t quite there yet. Toronto Real Estate Board (TREB) numbers show prices advanced in June, and are a few points below the high. The rise in aggregate price measures, are largely due to an increase in demand for detached homes in the 905. Meanwhile “cheaper” Toronto condos […]

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Canada

Canadian Businesses Are Going Broke At The Fastest Pace Since 2016

July 3, 2019

Canadian business insolvencies are picking up, after heading lower the past few years. Office of the Superintendent of Bankruptcy (OSB) data shows a rise in business insolvencies this year. The increase year to date marks the end of five consecutive years of fewer filings. Insolvency, Bankruptcy, and Consumer Proposals If you’re not familiar with insolvencies, […]

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Canada

Vancouver Real Estate Demand Plummets, While Ottawa Rips Higher

June 27, 2019

Canadian real estate demand slid last month, but a few markets bucked the trend. Canadian Real Estate Association (CREA) numbers show the sales to new listings ratio (SNLR) fell in May. The decline was most prominent in British Columbia real estate markets, which led the index lower. Markets east of Toronto are starting to warm […]

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Canada

Canadian Real Estate Sales Make Largest Increase In 2 Years, Still Below Normal

June 18, 2019

Some Canadian real estate buyers are blowing off last year’s decline in sales. Canadian Real Estate Association (CREA) numbers show sales made a large increase in May. The rise, while substantial, failed to bring volume to historically significant levels. Last month’s sales still fall short of the average. Canadian Real Estate Sales Jump, But Fall […]

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Vancouver

Vancouver Detached Real Estate Is Now Cheaper Than It Was 3 Years Ago

Vancouver Detached Real Estate Is Now Cheaper Than It Was 3 Years Ago
June 13, 2019

The Greater Vancouver detached real estate scene is looking worse. Real Estate Board of Greater Vancouver (REBGV) numbers show prices fell to a three year low in May. The drop in prices came with the fewest May sales in over a quarter century. Greater Vancouver Detached Real Estate Prices Roll Back 3 Years Detached real […]

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Toronto

Toronto Detached Real Estate Prices Still Down Over 10% After Two Years

June 13, 2019

It’s been two years since Toronto’s detached real estate market peaked, and it’s not quite back to normal yet. Toronto Real Estate Board (TREB) numbers show prices made a small move higher in May. Rising prices are still significantly below the peak reached a couple years ago. Generally speaking, the market did see higher sales […]

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Vancouver

Vancouver Real Estate Prices Drop Almost $100k In Value In Less Than A Year

June 5, 2019

Greater Vancouver real estate didn’t experience that spring bounce people were expecting. Real Estate Board of Greater Vancouver (REBGV) numbers show prices are down in May. The decline in prices was largely due to a sharp decline in sales, and an increase in inventory. Vancouver Real Estate Prices Drop Over 8% The price of a […]

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