BC Home Sales Continue to Smash Record Book Vancouver, BC – May 13, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,969 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, up 30.3 per cent from the same month last year. Home sales last month beat March’s
Housing demand remains strong despite diminishing supply Home sales reached near record levels in November even as home listings began the traditional year-end decline. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in *Metro Vancouver reached 3,524 on the Multiple Listing Service® (MLS®) in November 2015. This represents a
View Pictures Here Bedrooms: 2 Bathrooms (full): 2 Price: $366,888 Year Built: 1992 Yearly Tax: $1872.74 (2014) Maintenance Fee: $314.05/mo Living Area: 920 sq.ft. Parking: Underground parking; 2 Storage: 1 Workshop: Yes Bike Storage: Yes Pets: Allowed Rentals: Allowed Summary: When minutes count…this is the place to be – centrally located, with easy access to
Metro Vancouver home buyers push October sales above long-term averages Home buyers remain active across Metro Vancouver despite a reduced supply of homes for sale. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in *Metro Vancouver reached 3,646 on the Multiple Listing Service® (MLS®) in October 2015. This represents a
Could prices continue to increase? Find out what the President of the Real Estate Board has to say. Metro Vancouver* home buyers spent the summer months searching for their next home. Between June and August, home sales were between 25 and 30 per cent above the ten-year sales average. The Real Estate Board of
Vancouver, BC – July 14, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 11,294 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, up 25.6 per cent from the same month last year. Total sales dollar volume was $7.1 billion, a 42.6 per cent increase in
The British Columbia Real Estate Association (BCREA) reports that a total of 9,952 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, up 28.7 per cent from the same month last year! Total sales dollar volume was $6.3 billion, a 45.5 per cent increase in comparison to the previous year. The
A Vancouver house recently sold for more than 51 million dollars. The property was 1.09 hectares or 117,000 square feet. The 25,000 square foot house features waterfalls, a grass tennis court, a 10-car underground garage, a movie theatre and a separate guest house. A sign that Vancouver is now a world-class city and also something
Canada’s central bank announced in mid-April that it is maintaining its target for the overnight rate at ¾ percent and the Bank Rate at 1 per cent. Total Consumer Price Index inflation is at 1 per cent, reflecting the drop in energy prices, while the core inflation rate ( which does not include energy prices*)
The International Monetary Fund, an organization of 188 countries working to serve global financial stability, warned Canada in a report last month that our overheated housing market is hurting our economy. Home prices are up over 60 per cent national wide since 200, while household debt has increased in the past decade to over 150
