Stats Centre Reports - July 2019 The latest Stats Centre Report for Metro Vancouver is now available. To view it, click here. To view the latest Stats Centre Report for Sunshine Coast, click here. If you'd like to see reports for other areas within the Board, click here(password required). We've created these reports for you to share with your clients each month. ...

Yesterday, the Government of Canada released a number of tools and resources on the First-Time Home Buyer Incentive program page. Here’s a list of the items you can expect to find: An Eligibility Calculator to test and evaluate different financial scenarios and view their impact on mortgage payments. A Product Highlight Sheet (PDF) including a summary of key p ...

For the complete news release, including detailed statistics, click here. For immediate release BC Home Sales to Rise in 2020BCREA 2019 Second Quarter Housing Forecast Vancouver, BC – June 18, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 Second Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province are forecas ...

Housing supply up, home sales and prices down in June With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4 per cent decrease from the 2,425 sales recorded in June 201 ...

Kim's Mortgage Market CommentaryJune 15, 2019 This is a long article, but really interesting.  Enjoy! Real estate Dirty money: its a Canadian thing Canadas housing markets are rife with shadowy buyers and greasy cash. B.C. was just the beginning. by Jason KirbyJun 12, 2019FULL ONLINE ARTICLE CAN BE FOUND HERE On paper, Peter Zhang and his wife, Judy Wang, were ...

— Pexels Media headlines proclaimed recent findings of an estimated $7.4 billion in dirty money laundered in B.C. in 2018, with approximately $5.3 billion of that going through real estate, as reported by the province-commissioned Expert Panel on Money Laundering in Real Estate. But in reality, these figures are looser even than an estimate – they could be anywhere from approximate ...

Demonstrators gather in front of the Chinese Consulate in Vancouver, on June 9, 2019, to protest against a controversial extradition law proposed by Hong Kong's pro-Beijing government. DON MACKINNON/AFP/GETTY IMAGES Real estate agents in Vancouver have noticed something unusual in the past few weeks. For the first time in recent memory, the number of Hong Kong Chinese attending op ...

Source: REW.ca In the current slowing real estate market, it’s easy to read the headlines and imagine that sales are plummeting all over the region and it’s becoming a buyer’s market. But that’s not necessarily true of all areas – or all property types. This infographic by our sister website REW.ca reveals where in Metro Vancouver has remained a strong market for real estate a ...

Source: BCREA Economics With the decline of the average B.C. home sale price seeming to flatten out in the latest monthly figures, the B.C. Real Estate Association is now forecasting that the average sale price over the year will be $697,000, down 2.2 per cent compared with 2018. As consumer demand recovers, the average sale price of a home across the province will then rise 4 ...

For the complete news release, including detailed statistics, click here. For immediate release BC Home Sales to Rise in 2020BCREA 2019 Second Quarter Housing Forecast Vancouver, BC – June 18, 2019. The British Columbia Real Estate Association (BCREA) released its 2019 Second Quarter Housing Forecast today. Multiple Listing Service® (MLS®) residential sales in the province are forecas ...