Tagged: Canada Mortgage and Housing

Richmond, west side in sellers’ market

Richmond, west side in sellers’ market

Metro Vancouver’s housing market remained balanced in January amid growing signs of a strong sellers’ market returning with high demand in larger centres.

BC Home Sales Trend Higher

BC Home Sales Trend Higher

The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 36 per cent to 5,507 units in October compared to the same month last year.

British Columbia Housing Market Outlook for 2011

British Columbia Housing Market Outlook for 2011

Housing starts in British Columbia will hold steady then gradually rise next year, according to Canada Mortgage and Housing Corporation (CMHC)’s Housing Market Report published today.

October Housing Starts in Vancouver and Abbotsford

October Housing Starts in Vancouver and Abbotsford

According to Canada Mortgage and Housing Corporation (CMHC), there were 1,447 housing starts in October in the Vancouver Census Metropolitan Area (CMA), bringing the year-to-date total to 12,584 homes.

Vancouver Real Estate

Banks hold most of the cards in mortgage game

To understand the housing market and where it’s headed, it’s a good idea to take a close look at the big banks.

As providers of more than 60% of home loans in Canada they are major players, determining everything from who gets to be a buyer to what people can afford to pay.