The next two years in Metro Vancouver real estate will continue to see lower sales and higher inventories of homes available for purchase than in recent years, according to a forecast released November 6 by the Canada Mortgage and Housing Corporation (CMHC). CMHC said in its report, “While existing home sales are expected to rebound in 2019 […]
https://sandhucapital.ca/wp-content/uploads/2018/11/Price-Reduced.png6091175Amithttps://sandhucapital.ca/wp-content/uploads/2018/04/logo-gold-e1563252697943.pngAmit2018-11-09 13:52:432018-11-09 13:52:43Home Prices Continue to Soften Over Next Two Years
As was widely expected, the Bank of Canada (BoC) hiked the overnight rate to 1.75 percent. Higher interest rates inevitably lead to higher mortgage rates, which means industry players keep a close eye on the BoC’s hikes, and how they could affect Canada’s housing market. Rising rates could spook would-be buyers, placing downward pressure on […]
https://sandhucapital.ca/wp-content/uploads/2018/11/iStock_000010495623Illustra_winner-770x436-1538560473.jpg436770Amithttps://sandhucapital.ca/wp-content/uploads/2018/04/logo-gold-e1563252697943.pngAmit2018-11-07 16:07:182021-08-19 10:40:20The Interest Rate Hike and What It Means For Canada Housing
Another sign that the Metro Vancouver real estate market has flattened, as home sales in July dropped to their lowest level in nearly 30 years. Catherine Urquhart reports. The number of real estate sales in Greater Vancouver hit its lowest level since the year 2000, according to data from the Real Estate Board of Greater Vancouver […]
https://sandhucapital.ca/wp-content/uploads/2018/05/Vancouver.jpg8771600Amithttps://sandhucapital.ca/wp-content/uploads/2018/04/logo-gold-e1563252697943.pngAmit2018-10-17 20:47:302019-01-17 14:46:58Vancouver Housing Sales Lowest in 18 Years
The supply of homes in Metro Vancouver’s real estate market hit a three-year high as sales dipped below historical averages last month. The Real Estate Board of Greater Vancouver reports there were 2,425 home sales last month, a 37.7 per cent decline from June 2017. Board president Phil Moore says rising interest rates, high prices […]
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Home Prices Continue to Soften Over Next Two Years
/in Economics, News, Real Estate /by AmitThe next two years in Metro Vancouver real estate will continue to see lower sales and higher inventories of homes available for purchase than in recent years, according to a forecast released November 6 by the Canada Mortgage and Housing Corporation (CMHC). CMHC said in its report, “While existing home sales are expected to rebound in 2019 […]
The Interest Rate Hike and What It Means For Canada Housing
/in Economics, Mortgage, News, Politics, Real Estate /by AmitAs was widely expected, the Bank of Canada (BoC) hiked the overnight rate to 1.75 percent. Higher interest rates inevitably lead to higher mortgage rates, which means industry players keep a close eye on the BoC’s hikes, and how they could affect Canada’s housing market. Rising rates could spook would-be buyers, placing downward pressure on […]
Vancouver Housing Sales Lowest in 18 Years
/in Politics, Real Estate /by AmitAnother sign that the Metro Vancouver real estate market has flattened, as home sales in July dropped to their lowest level in nearly 30 years. Catherine Urquhart reports. The number of real estate sales in Greater Vancouver hit its lowest level since the year 2000, according to data from the Real Estate Board of Greater Vancouver […]
Supply of Homes Hits 3-Year High
/in News, Real Estate, Real Estate Development /by AmitThe supply of homes in Metro Vancouver’s real estate market hit a three-year high as sales dipped below historical averages last month. The Real Estate Board of Greater Vancouver reports there were 2,425 home sales last month, a 37.7 per cent decline from June 2017. Board president Phil Moore says rising interest rates, high prices […]