THE SARETSKY REPORT

Get Vancouver’s most detailed Real Estate Analysis for the month of May 2020

Around Vancouver

Vancouver Housing Activity Picking Up Off the Lows

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A quick updated on the Vancouver housing market here. I have been tracking data on a weekly basis for the Bank of Canada. It's...

Overblown

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In his final press conference before stepping down next month, Bank of Canada governor Stephen Poloz went out with a bang. Sunny Steve painted...

Predictions

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As anticipated, national home sales came to a screeching halt in April. Home sales across Canada plunged both 57% on a year-over-year and a...

Mortgage Deferrals Could Top 20% by September

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About 12% of all mortgages are now in deferral per Evan Siddall of CMHC. This includes both insured and uninsured mortgages, and that number...

New Normal

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We received a rather horrifying glimpse behind the curtain this past week, as the number of unemployed Canadians reached levels not seen since 1982. Two...

Pent-Up Supply?

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News on the Coronavirus front has been getting better, and there appears to be some light at the end of the tunnel. As we...