Single-family home market heats up in Surrey as condos cool

(November 28, 2014)

SURREY — A glut of available properties has cooled Surrey’s condo market, while demand for single-family homes remains hot.
The abundance of condominium developments has depressed condo/apartment prices across the city since last October. This includes Surrey Central, where prices have fallen by 1%, South Surrey-White Rock (-0.3%) and North Surrey (-7%). The average price for a condo/apartment in S... read more.

Metro Vancouver home sales above average in October

(November 27, 2014)

Home sales in the Metro Vancouver* housing market continue to outpace long-term averages for this time of year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,057 on the Multiple Listing Service® (MLS®) in October 2014. This represents a 14.9 per cent increase compared to the 2,661 sales in October 2013, and a 4.6 per cent i... read more.

Seriously, Why Are You Still Renting In Vancouver?

(November 04, 2014)

Vancouverites love to complain about housing costs. A few of my friends and neighbours are currently looking at renting a home, and the rates are outrageous. You can easily pay $1,800 for a one-bedroom apartment downtown, and at the end of your lease you've padded your landlord's pockets but haven't built up any equity of your own.If you're planning to stay in the area long term, why not consider... read more.

Canada's Most, Least Affordable Housing Markets, According To Desjardins

(November 04, 2014)

Congratulations, residents of Windsor, Ont., you have Canada’s most affordable housing market.
That’s according to a new survey from Desjardins, which found housing affordability overall declined slightly in the third quarter of this year.House prices in Canada were up 5.3 per cent over the past year, more than income growth, making housing less affordable, Desjardins says.Houses in Windsor are 12... read more.



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