Toronto home prices soar as Vancouver home sales continue to decline. Victoria's sales decrease from last month but still the strongest August by far while Calgary's sales face another month yet again with sales activity down. Reports provided by the Real Estate Board of Greater Vancouver, Victoria Real Estate Board, Calgary Real Estate Board and Toronto Real Estate Board are created and thoughtfully designed into easy to read infographics!
Vancouver's sales in July stoop to a more ordinary volume, the Victoria market also slows but reported as a usual trend at this time of year. Calgary faced slower sales in July accompanied with a decline in new listings while Toronto has had its highest amount of transactions on record for the month of July. Our monthly housing market infographics display these trends and an insight to July's statistics with reports provided by the Real Estate Board of Greater Vancouver, Victoria Real Estate Board, Calgary Real Estate Board and Toronto Real Estate Board.
As Vancouver’s officials continue to search for solutions for the lower mainland’s affordability crisis, July’s headlines persist to question what the main causes are and if solutions are being executed in the appropriate manor. Be in the know. Here are the top 5 local real estate headlines for July 2016.
Could there be a sliver of hope regarding the Vancouver affordability crisis? June headlines for the local real estate market leave us feeling optimistic about the future of Vancouver's current housing bubble. In the meantime, as residents, home owners and first time investors, it's important to be in-the-know, these are the top 5 local real estate headlines for the month of June 2016.
Foreign investment has been strongly impacting the Vancouver housing market. It has increased steadily over the last decade and continues to be a main driver to the increasing prices of detached homes. This new demographic of big buyers has meant a necessary readjustment for realtors. Recently Chinese real estate agents have been dominating the high-end real estate market in Vancouver, running websites that specifically targets offshore buyers.
The real estate market in Vancouver shows no signs of slowing down as home sales broke yet another record in May and housing demands remain high. The Victoria market experiences the ripple effects of the Vancouver market with home sales increasing by over 40% compared to May of 2015. Meanwhile, Calgary sees minor improvements compared to April but still low numbers compared to past years and Toronto sees no shortage of homebuyers as they too break another record. All this and more illustrated in our housing market infographics with reports provided by The Real Estate Board of Greater Vancouver, Victoria Real Estate Board, Calgary Real Estate Board and Toronto Real Estate Board.
The Vancouver real estate market has become more than just one of the city's, nay, the country's most lucrative sectors, it's acquired its own identity. The headlines surrounding Vancouver real estate are so complex and intertwined resulting in new societal issues, making real estate the topic on every Vancouverite's mind. Will the city's affordability push young talent way, ultimately jeopardizing it's economy? With no signs of slowing down, real estate arouses more questions and concerns. The headlines over the last month explore different conversations regarding Vancouver's realty. Be in the know. These are the top 5 local real estate headlines for May 2016.
From California to Toronto and of course Vancouver, übertor realtors are dominating the real estate landscape. We're incredible proud to feature only some of the multiple sales that have come through.
April 2016 Housing Market reports are out and so are our visually instructive infographics! Learn about the real estate market at a national level. Vancouver and Toronto continue to raise dispute about the rising prices. Unaffordability pushes Vancouver locals to Victoria, increasing home sales while in Calgary the situation remains obscure. Reports provided by the Real Estate Board of Greater Vancouver, Victoria Real Estate Board, Calgary Real Estate Board and Toronto Real Estate Board.