Read more about cookies here. Vancouver housing market to continue as a seller’s market in 2021, prices expected to rise 4%. New Today. It was the third consecutive month that the number of properties sold was up from the same period last year. Buyers & Sellers. Housing sales in Metro Vancouver fell almost 17 per cent in November compared to the previous month, according to the Real Estate Board of Metro Vancouver. Buying my first property; Trading up my property ... Read our monthly housing market reports to get the most up-to-date statistics and to hear our perspective on what the latest buying and selling trends mean for you. VANCOUVER (NEWS 1130) – With bad news about the economy due to the COVID-19 crisis coming out on an almost-daily basis, many are wondering what this all means for the real estate values in Metro Vancouver. Large funds are interested in buying apartment buildings, but housing advocates have concerns, Opinion: ‘Significant sums of foreign capital that have been excluded from official statistics’ behind the disconnect, new peer-reviewed study out of SFU shows. BY K Milley. CTV News Channel, Next year is shaping up to be a seller’s market, according to real estate company Royal LePage. Posted on Oct 22, 2020 in Vancouver Real Estate News It’s no surprise that the Detached Market is certainly on the hot side. Analysis: What lessons can Vancouver learn from San Francisco, where a severe housing crisis has become a cautionary tale for other cities? Residential and land sales so far this year in the city of Vancouver … housing market to remain vibrant through the new year: report, The world's CFOs have a dire message for real-estate investors, Metro Vancouver real estate remains at moderate risk of price correction : CMHC, Vancouver real estate: Commercial investment down 22 per cent, Douglas Todd: The hollowing out of Vancouver’s west side (Part 2 — the ‘weird place’), B.C. Join the mailing list to receive daily email updates. condo owners amid rising premiums, B.C. Today, they’re worth $3,360,000, Analysis: From online shopping to skyrocketing commercial property values, higher taxes and rents, UBC’s ‘city’ growth, gentrification and yes, the pandemic, many factors are at play, COVID-19 may ultimately have a positive effect on building design and urban living. recreational properties as people 're-evaluate their lifestyle’, Suzuki report calls for road-pricing fees to reduce Metro Vancouver congestion, UEL residents organize against potential development at prominent UBC corner, HSBC offers mortgage rate below one per cent, Vancouver real estate: Shift on to big corporate landlords of apartment buildings, Douglas Todd: Hidden foreign ownership helps explain Metro Vancouver’s ‘decoupling’ of house prices, incomes, Douglas Todd: Offshore investor of $45 million in Vancouver housing claims fraud, Sunshine Coast real estate market suddenly hot, Metro Vancouver home sales hit five-year high in November, Vancouver real estate: Owners begin filing info for B.C. Find the best places within the city of Vancouver. Last year in Metro Vancouver the Greater Vancouver real estate board showed one of the hottest years. From local businesses to food to medical to legal services. Resale Market Housing … VICTORIA -- The latest report from the Canada Mortgage and Housing Corporation (CMHC) shows that despite the pandemic, the Victoria real estate market … Last month’s home sales were 24.6 per cent above the 10-year November sales average. Vancouver Real Estate Market at a Glance. About Vancouver Real Estate Podcast. VANCOUVER (NEWS 1130) – Don’t believe the hype. The start this week of a “hidden ownership” registry in B.C.had lawyers and notaries public going through the first live test of filing to meet the new requirements on one of the busiest end-of-the-month days in recent memories. families, as homes have suddenly become a workplace, a school, an entertainment centre and a refuge. 3/4/2020. In Vancouver, the real estate market is still stable. Professor of Finance, Andrey Pavlov, joins Matt & Adam to discuss Vancouver real estate market conditions in 2019, predictions for the market in 2020, concerns around strata insurance deductibles, rent control, and more. Unauthorized distribution, transmission or republication strictly prohibited. Greater Vancouver Real Estate Prices Are Still Falling. REBGV reported a benchmark price of $995,200 in July, down 9.4% from last year. Metro Vancouver real estate remains at moderate risk of price correction : CMHC. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,687 in October 2020, a 29 per cent increase… Real estate trends in the Vancouver market, Tax hike, levy increase approved in Surrey, Strathcona tent city affecting real estate market, July marked record high for home sales amid ongoing pandemic, COVID-19 has changed how we think about real estate: survey, Pakistani rights activist's death in Toronto 'non-criminal', police say, 10 correctional officers charged following death of Indigenous man in N.L. Vancouver real estate is expected to continue as a seller’s market in 2021. VICTORIA -- Vancouver Island’s real estate market is showing signs of recovery as B.C. PreSale Incentives - Shop Before You Buy. 1 We are your premier source for buying, selling and investing in Vancouver’s Real Estate Market. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. In the City, the benchmark for Vancouver East fell to $1,034,500, down 9.5% from last year. real estate: Markets outside Vancouver driving detached home sales, Canadian home prices seen rising 5.5% in 2021, with biggest gains in Ottawa, Vancouver, Restaurants cut hours, close in downtown Vancouver, hopeful for return of workers, Dan Fumano: 'Every problem is a housing problem' that shouldn't be left to municipalities, This Vancouver couple made a fortune in Apple shares — now they have to turn it into a stable retirement, Douglas Todd: The hollowing out of Vancouver’s west side (Part 1), Developer rethinks Burnaby Metrotown project with ‘healthier, safer’ redesign, Vancouver real estate: Downtown condo listings drop for first time in months, Canadian home prices to fall up to 5% in 2021, Fitch predicts, Prices surge for B.C. 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