Spring 2018 real estate market is showing the cumulative effects of government action with taxes and tighter financing rules for residential real estate beginning to take affect.
Read MoreWhat is a Good Measure of Market Activity?
The ratio of Sales to Active Listings is a good measure of market activity and can be an indicator of trends. What indicates a “Seller’s Market” and what indicates a “Buyer’s Market”.
Read MoreBC Economy and 2018 Outlook
For the last 4 years, the BC economy grew at 3% or more. In 2018 growth may slow slightly to 2.8%, limited partly by “bumping up against capacity constraints” (ie. running out of people to employ). Here is a snapshot of the current status and 2018 outlook.
Read MoreForeign Owned Properties in Metro Vancouver
A detailed look at the Canadian Housing Statistics Program study on foreign ownership in Metro Vancouver.
Read More2017 Real Estate Wrap-up
There were two main factors influencing things in the real estate market throughout 2017 — Economic boom and desirability. Most experts see a continued rise in prices in 2018, although perhaps slower than we’ve seen in recent years.
Read More