Category Housing

homes for people vancouver bc

Homes for People

Metro Vancouver saw renewed price growth in March 2023 with modest increases at +2.7% for detached, +0.7% for apartments, and +1.7% for townhomes. Annual growth isn’t quite reflected due to strong base effects from March 2022. New listings remained 22%…

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city of vancouver positioning year

Positioning Year

For the first time, the Canadian Housing Statistics Program (CHSP) published data on investors and the residential properties they owned in Nova Scotia, New Brunswick, Ontario, Manitoba and British Columbia for 2020. The proportion of investors in British Columbia came…

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vancouver city housing exp rentals boc policy rate

Pause and Reflect

The Bank of Canada made its first rate hike of the year, increasing its key policy interest rate by 25 basis points to 4.5%, sending the prime rate to 6.70%—the highest since March 2001. Adjustable-rate mortgage payments will jump about…

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The fall housing market 2022

The Fall

TD Bank reported home prices could decrease 20-25% from the highs seen earlier this year—yet another portrayal of the sky falling. No one has a crystal ball, but eventually it will reach an equilibrium as with any cycle, and a…

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