15 February 2012
The Canadian Real Estate Association says the country’s real estate market is “stabilizing,” as it reported the sharpest slowdown in demand in almost two years
Home sales across the country were down 4.5 per cent in January compared to December, the sharpest monthly decline since July 2010. Average prices were 2 per cent higher than a year ago at $348,178, the smallest year-over-year increase in the last year.More....
03 January 2012
2012 Metro Vancouver property assessments
Vancouver home prices up. Squamish home prices down. West Vancouver way up. Whistler way down. When Metro Vancouver and regional property owners get their 2012 assessment notices in the next few days, they will likely see a wide variation in assessments by region, city and neighbourhood. The Sea-to-Sky region, for example, will see assessments generally down, with Squamish homeowners, for example, looking forward to property values dropping up to 10 per cent in some areas and rising five per cent in others, according to BC Assessment. The valuation date was July 1, 2011. More....
18 August 2011
Vancouver have proved to be positive factors for Canada's housing industry, according to the Canadian Real Estate Association
The Ottawa-based industry group had been forecasting a slowdown, but now says there will be 450,800 sales in 2011 - a one per cent increase from a year ago. It says rising prices in Vancouver have helped push its forecast for the average sale price in 2011 to $363,500, a 7.2 per cent increase from a year ago.More....
15 July 2011
Canadian home sales rose by a seasonally adjusted 2.6 per cent in June from the previous month, showing the housing market remains resilient, the Canadian Real Estate Association said.
“The Canadian housing sector remains on a solid footing,” said Gregory Klump, CREA’s chief economist said in the report released Friday. “The rise in monthly home sales activity at the end of the second quarter, upbeat business sentiment and hiring intentions, and signs that the Bank of Canada is in no rush to raise interest rates bode well for home sales activity and prices going into the second half of 2011.”More....
07 July 2011
Real estate wars in Vancouver are heating up, it's not about buyers bidding for houses but rather banks and real estate organizations arguing about what's really happening in British Columbia.
Royal LePage came out with its own report on second quarter home prices that said Vancouver's overall housing market experienced some of the largest price increases in the country over the past year, with detached bungalows rising 14.1 per cent on average and condos rising 2.5 per cent. And when it comes to new home prices, More....
15 June 2011
Toronto wins praise for green buildings
The green building movement is taking off in Canada. There are already 378 Leadership in Energy and Environmental Design (LEED) certified commercial projects nationally, and another 2,600 in the pipeline, according to the U.S. Green Building Council (USGBC). More....
15 June 2011
Canadian real estate market still a top global performer
Canada’s inflation-adjusted home prices were up 5% in the first quarter of this year compared to the same time last year, ranking as one of the biggest gains internationally, according to a global real estate report. More....
15 June 2011
Real estate in Canada: average resale prices, changes in new home prices
Real estate in Canada: average resale prices, changes in new home pricesMore....