Applications For BC’s Down Payment Assistance Program Slows Down
Vancouver real estate prices have been getting a boost from the subprime borrowing program, but applications are starting to slow.
Vancouver real estate prices have been getting a boost from the subprime borrowing program, but applications are starting to slow.
The good news? Bankruptcies dropped across Canada. The bad news? People are trying to negotiate more deals with their creditors.
Vancouver real estate is seeing new listings plummet, but not as fast as sales. This may contribute to further tapering of price growth.
Toronto real estate is seeing at least 3 times more new listings than any other Canadian city, and buyers aren’t keeping up.
Canadian real estate prices got even wackier, as more than half of the country’s large condo markets hit all-time pricing highs in July.
Vancouver condos followed the rest of the city’s real estate market to new highs, despite higher inventory and less sales.
The Toronto condo market is making erratic swings, with some neighborhoods posting over $30k gains, and others posting over $30k in losses.
New construction prices are dropping fast. Numbers from the Canada Housing and Mortgage Corporation (CMHC) show that new construction sale prices in Toronto have declined by various measures. Interesting enough, sales in July 2017 haven’t actually slowed down. Source: CMHC. Median Price of New Construction In Toronto Declines Over 20% The median price of new […]
Canadian real estate prices take the largest nose dive in years according to numbers released by the Canadian Real Estate Association.
Vancouver detached real estate hits an all-time high, despite sales declining almost twice as fast as inventory.