Canadian Real Estate Association data show that national-level home sales fell 0.9% (sa m/m) in December 2019 after rising in the previous nine months. Vancouver’s sales-to-new listings ratio actually edged lower in December—that kept supply and demand roughly balanced—as a jump in new listings outweighed a rise in sales volumes. Even if you’re with friends or family, being stuck indoors for extended periods of time can test the best of us. Whether it’s because of a snowstorm or frostbite-inducing temperatures,
Evidence suggests housing activity will continue to improve into 2020, with prices either continuing to rise or accelerating in many parts of Canada. Indeed, many housing market indicators continue to support this outlook.
There has been an increase in Home sales by 0.6%, this has been the seventh consecutive monthly increase—the first streak of that length since early 2009.Momentum persisted in Southern BC, with Vancouver’s fifth sales rise in six months bringing its sales-to-new listings ratio to a 20-month high and the city’s y/y MLS HPI decline moderating again. For the third consecutive month, home purchases climbed in each of Victoria, Okanagan-Mainline, and the Fraser Valley
The national HPI has been depressed by 12 consecutive months without a rise in Vancouver’s index, which dropped a cumulative 6.6%.Over that period, home sales rose 19% in Calgary and 12% in Edmonton. These improvements, if sustained, will sooner or later help limit home-price deflation in this region. This time of year isn’t just about books and backpacks – it’s also about giving your interiors an update. Here’s a look at the top trends this autumn and how to try them at home to create beautiful rooms you will love.
In this months Newsletter, read more about the much awaited First Time Home Buyer Incentive which will help qualified first-time homebuyers reduce their monthly mortgage payments without adding to their financial burdens. Also, some tips to help you get back into a fall routine!
In our newsletter for July 2019 read more about Socio-Economic Inequalities in Housing Issues: Measurement and Beyond, and 5 ways prepare for and protect yourself during extreme heat.
Read more on how the new 2019 budget can help make home ownership more affordable for first-time home buyers through the First-Time Home Buyer Incentive and some tips to keep your downtime safe and healthy!
Understand your tax obligations while you plan on selling your home and how a wellness goal can help you bring back your new years resolution of a healthy body.
