Around Vancouver
Value of Building Permits Decline Across Canada in February
Residential building permits are a well known leading indicator as to the future strength of the housing market and the economy. Given the obvious...
Vancouver Condo Prices Slip 7.5% Year-over-Year in March
Similar to last month, the Vancouver condo market once again reported the fewest monthly sales in eighteen years. Sales took a steep drop, falling...
Vancouver Detached Home Sales Fall to Lowest Total on Record in...
Just when you thought Vancouver detached home sales had bottomed they once again outdid themselves. Detached sales slipped 14% year-over-year in March, recording the...
RBC: Home Price Declines Easing Affordability Crisis
Following a once considered inconceivable decline in home prices across Greater Vancouver, housing affordability is unsurprisingly improving. Indeed the team at RBC Economics has...
Loan Growth Likely to Remain Benign Across Canada
With the Canada 5 year bond crashing below 1.50, the lowest level since mid 2017, there remains cautious optimism that banks will slash mortgage...
Canadian Government Vows to Take Equity Position in Homes Purchased by...
With national home sales falling to a 10 year low in February and the home price index slipping into negative territory, the risk of...