News

‘Soft landing’ expected for housing market, CMHC says

By |2014-08-14T09:09:36+00:00August 14th, 2014|News|

“Canada’s national housing agency says it expects builders to stop making as many new homes and focus on selling the ones they’ve already built. The Canada Mortgage and Housing Corporation’s latest quarterly forecast predicts lower sales volumes […]

Canada Consumer Confidence Stays Near 4-Year High

By |2014-07-29T15:39:27+00:00July 29th, 2014|News|

“Canadian consumer confidence remained near a four-year high last week amid buoyant sentiment about real estate. The Bloomberg Nanos Canadian Confidence Index was at 59.7 for the week ended July 25 after reaching 60.6 the […]

Monthly Market Update

By |2014-07-18T15:11:52+00:00July 18th, 2014|News|

[youtube id=”QMuPAxjyaeA” width=”600″ height=”350″]   President of the Vancouver Island Real Estate Board: Blair Herbert reports Real Estate Statistics for June 2014.

Building permits, May 2014 Statistics

By |2014-07-15T11:16:23+00:00July 15th, 2014|News|

“Municipalities issued building permits worth $6.9 billion in May, up 13.8% from April. This followed a 2.2% rise in the previous month. The increase in May resulted primarily from higher construction intentions for commercial buildings […]

Home sales in mid-Island region taking off

By |2014-07-10T16:17:07+00:00July 10th, 2014|News|

“Vancouver Island Real Estate Board reports a 23-per cent increase in home sales, which takes in all municipalities north of the Malahat. Notably, the greatest increase in sales happened in the Island’s more distant communities, […]