CMHC predicts only 16,250 new homes in B.C. this year, but forecast is better for 2010
Metro Vancouver realtors racking up 4,114 sales, compared with 2,174 in the same month a year ago, the Real Estate Board of Greater Vancouver said Wednesday.
VANCOUVER, B.C. – April 2, 2009 – The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season. Download PDF
In recent months, economists have had the unenviable task of trying to calculate the direction the housing market is likely to take, factoring in things like unemployment rates, population and immigration figures, economic growth, mortgage rates, and that most nebulous of criteria, consumer confidence.
Below is a copy of the latest statistics release. You can view the complete statistics package for November by clicking on the following link: November Stats. VANCOUVER, B.C. – December 2, 2008 – November reductions in home sales and prices have helped improve affordability in Greater Vancouver. However, November also saw a corresponding decrease in [...]
House prices still falling, CIBC says: House prices still falling, CIBC says Eric Beauchesne, Canwest News Service Published: Wednesday, October 01, 2008 OTTAWA — The Canadian housing market is close to becoming a buyer’s market for the first time in more than a decade, but it won’t be a bust, according to a report by [...]
reportonbusiness.com: Canadian housing shows bubble traits: economist: Canadian housing shows bubble traits: economist DAVID PARKINSON Globe and Mail Update October 1, 2008 at 1:58 PM EDT NIAGARA-ON-THE-LAKE, Ont. — U.S. economist Robert Shiller says Canada’s housing market has been following a similar boom-and-bust path as that seen in the United States, but fundamental differences between [...]
