Lower condo sales and higher inventory should relieve some of the pricing pressure in Vancouver, right? Not according to numbers published by the Real Estate Board of Greater Vancouver.
Teranet’s HPI shows Vancouver real estate printed an all-time high in February, but a deep dive into the data actually shows a huge monthly decline that’s being averaged out. Here’s what you need to know.
The Province of British Columbia unveiled its 2018 budget, including a 30 point plan to restoring housing affordability. Here’s the most important details that may impact Vancouver real estate prices.
Vancouver real estate prices have been soaring, and the CMHC thinks they know why… for the most part. They still can’t explain almost a quarter of recent gains.
Vancouver real estate is cooling, but not in the condo segment. Prices just printed an all-time high, even though inventory grew faster than sales.
New data from Statistics Canada show billions of dollars of Vancouver residential real estate is being consumed by foreign buyers.
Vancouver residential mortgages show solid gains, despite rising real estate prices dragging the rate of homeownership lower.
Vancouver real estate prices printed a new all-time high, the seventh time in a row it’s done that this year.
Vancouver condos get a bump in prices, sales, and listings. Heck, even historic numbers got a bump due to a re-calculation of sales.
Vancouver real estate buyers could be in for a rough ride, as OSFI approves B-20 guidelines to stress test uninsured mortgage borrowers.