The benchmark price for a condo in the region was down to $654,000 — a nearly nine per cent drop from this time last year. Continue reading
“The worst case scenario is that you have to sell that house to be able to pay off those debts.” Continue reading
Home values have slumped as much as 14 per cent in some areas, in the wake of an unprecedented run-up in prices in recent years. Continue reading
Condo and townhouse prices were down about seven per cent over April last year, while detached home prices dropped 11 per cent. Continue reading
The slide in prices comes as sales dipped to 46.3 per cent below the 10-year March sales average, making it the lowest number of sales since 1986. Continue reading
According to the Real Estate Board of Greater Vancouver, residential home sales in February were down 32.8 per cent compared to the same month last year. Continue reading
Redfin is already active in Toronto, and it plans on opening a Vancouver office later this spring. Continue reading
In order to qualify, people need to live or work in Port Moody and this purchase must be their first home. Continue reading
“People used to say, ‘I’d better jump in the market, it’s going to be higher next month, now they say, ‘I’d better sit back.’” Continue reading
The survey by the Angus Reid Institute found that 67 per cent of renters in the region want to see prices fall by at least 30 per cent. Continue reading