“Following three months of double-digit increases in the number of building permits issues by municipalities across Canada there was a drop in August. According to the latest data release from Statistics Canada the decline was
“There are early indications that September appears to have been another strong month for Canadian home sales. That is based on data that some local real estate boards have released in recent days about how
August Market Statistics from the Vancouver Island Real Estate Board Source: VIREB.ca
“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
“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
[youtube id=”QMuPAxjyaeA” width=”600″ height=”350″] President of the Vancouver Island Real Estate Board: Blair Herbert reports Real Estate Statistics for June 2014.
“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
“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,
“The mortgage wars between big banks helped stoke British Columbia’s real estate markets to their busiest May since 2007, according to the B.C. Real Estate Association. The province’s 13 real estate boards recorded 8,729 sales
[youtube id=”EQecB0H8c_s” width=”600″ height=”350″] President of the Vancouver Island Real Estate Board: Blair Herbert reports Real Estate Statistics for May 2014.