Monthly Archives: May 2015

CMHC Spring Report Shows Trend of Steady Growth Continues in Vancouver

CMHC Building Logo Spring'15

The latest CMHC Spring report shows trend of steady growth continues in Vancouver, while It’s the same old story for the rest of the Canadian housing market – lower oil prices are leaving oil-producing provinces such as Alberta vulnerable, while other markets like Ontario and B.C. continue to benefit.

Housing markets will remain stable as housing starts vary slightly in … Read More

Hottest April for Home Sales in a Decade

BCREA Chart of Hottest April for Home Sales in a Decade

The British Columbia Real Estate Association (BCREA) reports that BC just had the hottest April for home sales in a decade, with a total of 9,952 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, up 28.7 per cent from the same month last year. Total sales dollar volume was $6.3 billion, a 45.5 per cent … Read More

Vancouver Real Estate Demand Continues to Outpace Supply

Vancouver Real Estate Demand Continues to Outpace Supply.  Strong home buyer demand coupled with below average home listing activity has created seller’s market conditions within the Metro Vancouver housing market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Metro Vancouver reached 4,179 on the Multiple Listing Service® (MLS®) in April 2015. This
represents a … Read More