Thinking of selling detached Vancouver real estate? It might be a little rough right now. Real Estate Board of Greater Vancouver (REBGV) numbers show sales fell in October. The decline in sales helped to push inventory levels higher, and prices lower. Greater Vancouver Detached Real Estate Prices Fall Over 5% The price of a detached […]
Toronto’s detached real estate market is performing better than last year, but that doesn’t say much. Toronto Real Estate Board (TREB) numbers show detached sales improved in October. The improvement isn’t as exciting when you realize sales are still below the 10 year trend. As for prices? They are basically retracing last year’s movements, give […]
If you’re looking for a new condo in Greater Vancouver, a whole lot of supply is kicking around. Numbers from MLA Canada, a Vancouver-based real estate advisory firm, show a huge number of projects are expected to hit the market this month. The increase of new pre-sale units for sales comes at the same time […]
Greater Toronto real estate may not be much more affordable, but it’s a lot easier to find a new home. Altus Group and BILD GTA data show a lot more new home inventory in September. The market is also seeing fewer new home sales, and lower prices for detached home… but higher condo prices. Greater […]
Last year’s booming real estate markets are this years fastest cooling ones. Canadian Real Estate Association (CREA) numbers show a major shift in SNLR in September. The indicator, used to determine a buyer’s or seller’s market, actually fell in all but two major markets. Sales To New Listings Ratio (SNLR) The sales to new listings […]
Greater Vancouver condo buyers are having a sudden shift in sentiment. Real Estate Board of Greater Vancouver (REBGV) numbers show price growth continued the trend of rapid price deceleration in September. The deceleration was most likely due to rising inventory and falling sales. The condo market has now exited a seller’s market for the first […]
Toronto’s condo buyers are tapering off, but prices are still inching higher. Toronto Real Estate Board (TREB) numbers show the price of a condo apartment hit a new all-time high in September. Despite the rise in prices, sales are sliding faster than inventory, relieving some of the pressure to move higher. Toronto Condo Prices Hit […]
Canadian real estate sales made a larger than exepcted decline in September, as the market got hit with the worst September since 2012.
Toronto’s detached real estate market has improved from last year’s bloodbath, but not by much. Toronto Real Estate Board (TREB) numbers show that prices were mostly stalled in September. The stalled prices were accompanied by more sales, and even more inventory than last year. Before you get too excited about rising sales, it was the […]
Vancouver real estate is seeing rapid deceleration of price gains, and printed the worst sales numbesr in 27 years.
