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BC Home Sales to Rise in 2019  

Posted on Nov 09, 2018 in Real Estate News


BCREA 2018 Fourth Quarter Housing Forecast
Vancouver, BC – November 8, 2018. The British Columbia Real Estate Association (BCREA) released its 2018 Fourth Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 23 per cent to 80,000 units this year, after recording 103,768 residential...

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BC Home Sales Continue at Slower Pace in September

Posted on Oct 11, 2018 in Market Stats

Courtesy: BCREA Vancouver, BC – October 11, 2018. 

The British Columbia Real Estate Association (BCREA) reports that a total of 5,573 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in September, a 33.2 per cent decrease from the same month last year. The average MLS® residential price in BC was $685,7...

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Home Buying Trends Survey

Posted on Aug 16, 2018 in Market Stats

There’s an entire home improvement industry that can help you figure out how to spruce up your house and how to prevent potential homeowner disasters. But we wanted to know which of those investments are worth the time and energy. That’s why, in the summer of 2017, CENTURY 21 Canada® surveyed more than 1000 agents for our Home Buying Trends Survey...

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Real Estate & Wildfire Season 

Posted on Aug 14, 2018 in Real Estate News



Insurance and Wildfires:

As we move further into summer, the smokey haze has become a common backdrop invading the scenic blue skies over the last few years. As of August 14, 2018 more than 600 active fires were burning throughout BC, with evacuation orders and alerts impacting hundreds of properties. From a real estate perspective, it’s important f...

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New Mortgage Qualification Rules Temper Housing Demand

Posted on Mar 14, 2018 in Real Estate News

Vancouver, BC – March 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,206 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in February, a 5.7 per cent decrease from the same period last year. The average MLS® residential price in BC was $748,327, up 8.8 per cen...

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Fixed Mortgage Rates are on the Rise

Posted on Jan 13, 2018



Two major Canadian banks, RBC and TD and more recently, CIBC, increased their fixed-rate mortgage rates on Thursday. This increases RBC’s posted five-year fixed mortgage rate from 4.99% to 5.14% and their special offer rate for a five-year fixed with a 25-year amortization from 3.39% to 3.54%. Future increases in these bank rates, the Bank of Canad...

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