Market Update

  • June house prices rise in almost every region by Steve Randall

    Home prices rose in ten of the eleven markets covered by the Teranet-National Bank HPI in June; the index was up 2.3 per cent for the month and 10 per cent from a year earlier

  • Royal Le Page brokers report more foreign buyers by Steve Randall

    Almost three quarters of Royal Le Page real estate advisors working in the Vancouver and Toronto markets report higher volumes of foreign buyers of residential properties during the second quarter of 2016

  • Financial confidence down among young Canadians by Steve Randall

    Canadians in the millennial and Gen-X demographics are less confident in meeting their financial goals now than they were 6 months ago according to a poll from bank and mortgage lender CIBC

  • Will the BoC cut interest rates today? by Steve Randall

    It was a year ago that the Bank of Canada made its second cut in interest rates within 6 months following the surprise cut at the start of 2015

  • BC finance minister supports Vancouver vacant homes tax by Steve Randall

    Mike de Jong, the British Columbia finance minister, has announced that the legislature will consider whether to allow the City of Vancouver to impose a tax on vacant properties when it meets later this month

  • Sales drop in Saskatoon by Steve Randall

    Home sales in Saskatoon were down by 8.2 per cent in the first half of 2016 compared to the same period last year

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