Around Town: CMHC releases December 2017 Housing Starts data
Canada highlights include: The trend in housing starts was 226,777 units in December 2017, compared to 226,178 units in November 2017, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly...
Around Town: VIREB posts strongest December on record
The British Columbia Real Estate Association (BCREA) notes that the housing market in B.C. is thriving due to strong economic fundamentals, such as robust retail sales, job growth, and population growth. BCREA expects economic growth to slow in 2018, expanding at a...
Around Town: “Best of Public Procurement” award highlights distinguished construction project owners of 2017
Seven public owners have been recognized by the British Columbia Construction Association (BCCA) for excellence in procurement this year, a first for the industry. According to the BCCA, which monitors and analyzes project information in the BidCentral construction...
Around Town: BC Assessment – What Was Your Property Worth on July 1? It Matters for 2018
British Columbia’s real estate market has seen continued activity in 2017 with residential and commercial property values showing growth in most areas. 2018 property assessment values will reflect what was happening around BC Assessment’s uniform valuation...
Around Town: VIREB releases November 2017 Housing Sales Statistics
In November 2017, the benchmark price of a single-family home in the VIREB area was $463,200, up 17 per cent from one year ago. (Benchmark pricing tracks the value of a typical home in the reported area.) The benchmark price of an apartment last month rose to...Get 8 FREE Issues!
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