National home sales at 14-year low in Around Town
Your Weekly Construction Briefing Despite home sales in Canada posting their worst start to the year since 2009, recorded sales only decreased by 3% between December 2022 and January 2023. Actual (not seasonally adjusted) monthly activity came in 37.1%...
Housing Market Quiets in Around Town
Your Weekly Construction Briefing Last month, there were 1360 active listings in the VIREB zones for single-family homes. As a comparison, there were under 400 homes listed in October 2021 and over 2,300 in October 2013. Sales from October 2021 are down 37% in single...Real Estate Inventory Continues to Rise on Vancouver Island in Around Town
Your Weekly Construction Briefing Inventory in the VIREB area (north of Victoria) rose significantly last month, with listings of single-family homes more than doubling from June 2021. At the same time, sales dipped across the board area in most...
Inventory needs to triple to balance real estate market in Around Town
Your Weekly Construction Briefing The British Columbia Real Estate Association has released its quarterly Economics Housing Forecast report. The report identifies the economic factors affecting British Columbia and its housing markets. The BC Real Estate Association...
Home Buyer Protection Period in Around Town
Your Weekly Construction Briefing The BC Financial Services Authority delivered its report report, “Enhancing Consumer Protection in B.C.’s Real Estate Market” to the Ministry of Finance last week. New real estate legislation to protect home buyers may be in place as...Get 8 FREE Issues!
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