Vancouver Real Estate Saw 31% Fewer Dollars Than Last Year
BCREA’s latest release showed solid sales growth, but declining dollar volumes and prices. It’s confusing, but we clear it up for you.
BCREA’s latest release showed solid sales growth, but declining dollar volumes and prices. It’s confusing, but we clear it up for you.
Concerns over the Vancouver real estate market had a minimal impact on condo buyers. Despite plummeting demand and building inventory, condos were barely touched according to the latest release from Real Estate Board of Greater Vancouver (REBGV). Buyers continued to display above average demand, although they were slightly more modest than the month before. Prices […]
Toronto real estate was scorching in August, with the condo market being no exception. The average price is now $417,869
While not as hot as Vancouver, Toronto’s real estate market is still scorching – with more demand and less available inventory.
After the foreign buyer tax, inquiries for properties under a million dollars soared at Juwai – China’s largest overseas real estate portal.
Canadian real estate prices could move higher, as analysts are starting to call a further decline for the loonie.
Vancouver real estate prices creeped up, but a significant drop in demand questions its ability to continue its rise.
Alberta’s non-recourse mortgages mean many people can walk away from their mortgages with minimum consequences in the event of a crash.
Canadian mortgage debt demolished previous records this year, having risen to $1.03 trillion at chartered banks alone.
Canadian real estate prices have soared so high, the average Millennial now needs to wait at least 10 years to save a downpayment.