Vancouver Housing Market
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Vancouver’s April home sales down 16.5% from a year ago, says real estate boardThe Real Estate Board of Greater Vancouver says April home sales slid 16.5 per cent from a year ago as new listings remained below historical norms.EconomyMay 2
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Vancouver’s March home sales down 42.5% from a year ago: B.C. boardThe B.C. board says the numbers signal that March home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs.EconomyApr 4
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Downtown Vancouver office vacancy breaks 10% for first time since 2004: Avison YoungThe real estate firm says the first quarter of this year brought Vancouver's downtown office vacancy rate to 10.8 per cent, up from 9.6 per cent at the end of 2022.EconomyApr 3
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Here’s how much home you could buy in 8 Canadian cities — if you had a million dollarsA million dollars goes a lot further in some Canadian housing markets than others. Here's what Royal LePage estimates show you could afford with that money across Canada.CanadaFeb 23
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Vancouver’s December home sales down 52% from year ago: B.C. real estate boardThe B.C. board says last month's sales totalled 1,295, about 20 per cent lower than they were in November and 38 per cent below the 10-year December sales average.EconomyJan 4
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B.C. housing prices to drop roughly 5% in 2023, real estate association predictsThe B.C. Real Estate Association, which represents more than 25,000 realtors in the province, expects average home prices in the province to drop about five per cent next year.ConsumerNov 8, 2022
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Here’s how high interest rates are impacting Canada’s condo demandBuilders in Toronto and other major cities are feeling less confident about condo projects and are scaling back development plans as interest rates and building costs rise.MoneyAug 6, 2022
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Metro Vancouver home sales in June dropped 35% from 2021 amid higher interest ratesThe Real Estate Board of Greater Vancouver says home sales have fallen over the past two months as houses remained on the market longer and interest rates rose.EconomyJul 5, 2022
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Home sales in Metro Vancouver calmer in May as interest rates cool hot marketThe Real Estate Board of Greater Vancouver reports 2,918 sales across Metro Vancouver in May, nearly 32 per cent below those recorded in May 2021.EconomyJun 2, 2022
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Higher interest rates push homes sales in B.C. back toward normal, says associationBritish Columbia home sales figures for April show 8,939 properties changed hands last month, a decrease of 34.9 per cent from the record high set in April last year.EconomyMay 12, 2022
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