BMO's latest report on Canadian real estate affordability paints a bleak picture for young adults, with affordability worse than it has been since 1988. The report reveals that in Greater […]
Regional outlooks vary significantly, with some cities predicted to see price increases, while others may experience declines.
According to research from online mortgage provider Nesto, the income required to qualify for a mortgage in most provinces in Canada has increased, except for British Columbia where affordability has […]
International migration fuels population growth in BC, outpacing housing supply. ~180K people has moved to BC in 2022, while only ~40K new housing units were completed.
Home sales volumes are expected to ↓ ~5% in 2023, but ↑ 12% in 2024 and ↑ 14% in 2025.
Home prices rising in Lower Mainland, prompting buyers to seek affordable options. Kamloops is the most affordable city, with avg home price of $539.8K, and saving ~$450K vs the provincial […]
The Bank of Canada’s consecutive interest rate hikes have impacted the housing market rebound this summer, with July sales dipping for the first time in six months. New listings have […]
The Bank of Canada's interest rate hikes have restored balance to major Real Estate markets. Despite the balance, the path to recovery is expected to be challenging due to persistent […]
This will close in 0 seconds
