cutout_alt

B.C. real estate board blames stress test for dampening home sales in FebruaryMar 15, 2019

Housing prices also saw a 9.3 per cent dip in February, with average sales sitting at $678,625 THE CANADIAN PRESS | Mar. 13, 2019 | Kelowna Cap News Prospective homeb

Read More

cutout_alt

Bank of Canada Interest Rate Announcement - March 6, 2019Mar 6, 2019

The Bank of Canada left its target for the overnight rate unchanged at 1.75 per cent this morning. In the statement accompanying the decision, the Bank noted that while it had expected weak energy investment and exports due to low Canadian oil pri

Read More

cutout_alt

Canadian House Prices To Grow Slowly For Years, Poll Of Experts FindsMar 1, 2019

Mumal Rathore | Reuters | from HuffingtonPost.ca High prices mean "the Canadian housing market's major shift from homeownership to rental continues," Laurentian

Read More

cutout_alt

Many BC markets favour buyers but there are exceptionsFeb 25, 2019

by Steve Randall | 19 Feb 2019 | from repmag.ca Home sales in BC were down 33.2% in January compared to a year earlier. Figures from British Columbia Real Estate Asso

Read More

cutout_alt

Policy-Induced Housing Slowdown Continues into 2019Feb 15, 2019

Vancouver, BC – February 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 3,546 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, a decline of 33.2 per cent

Read More

cutout_alt

Pressure mounts on Ottawa to revise mortgage rulesFeb 8, 2019

Pressure mounts on Ottawa to revise mortgage rules by Neil Sharma | 08 Feb 2019 | from repmag.ca The Toronto Real Estate Board has formally called on Ottawa to revisit the B

Read More

cutout_alt

Canada's Mortgage 'Stress Test' Not Being Considered For Private Lenders: MorneauJan 29, 2019

Canadian Press | from huffingtonpost.ca January 28, 2019 Canada's Mortgage 'Stress Test' Not Being Considered For Private Lenders: Morneau OTTAWA - Federal Finance Minister Bill Morneau says he is not con

Read More

cutout_alt
cutout_alt

December’s Residential Market Poses No SurprisesJan 14, 2019

KELOWNA, B.C. – January 3rd, 2019. Residential sales posted to the Multiple Listing Service (MLS®) for the Peachland to Revelstoke region declined to 324 in December, a 29% decrease from both the previous month and this time la

Read More

cutout_alt

Metro Vancouver home sales fell to 18-year low in 2018Jan 4, 2019

by Steve Randall | 04 Jan 2019 | from repmag.ca The weakness of the Metro Vancouver housing market over the past year was highlighted by a report from the region’s real estate boa

Read More