Low mortgage interest rates remain a key driver in the housing market, helping to maintain affordability and purchasing power
Category: Real Estate
2011 was another strong, stable year for the housing market in BC as solid domestic demand and positive demographic shifts continued to buoy both prices and sales.
North Americaâ€™s second Shangri-la Hotel is set to open August 7, 2012.
Bring your donations of cash, new unwrapped toys or non-perishable food items
The Real Estate Board of Greater Vancouver Housing Market Update for November 2011 with REBGV president Rosario Setticasi.
Housing starts in British Columbia are forecast to increase in 2012
The official forecast is for Metro Vancouver resales to rise 9 per cent and the average overall home price to increase 2.2 per cent from 2011 to $805,000.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent.
The Bank of Canada held its benchmark interest rate at one per cent today, citing slowing global growth and a deepening of the sovereign debt crisis in Europe.
Historically normal activity keeps the Greater Vancouver housing market in a balanced state – REBGV Stats November 2011
Looking back further, last monthâ€™s new listing total is 2.1 per cent above the ten-year average for November.