The Brookswood-Fernridge area in the Township of Langley has become a focal point in discussions surrounding the need for increased density in Metro Vancouver’s easternmost municipality. As the housing crisis … [read more]
What makes the HPI a better measure? The MLS® HPI tracks changes of “typical” homes and excludes the extreme high-end and low-end properties. “The key advantage is the MLS HPI® … [read more]
A California neighbourhood has streets named after TONS of Canadian cities. Tucked away in the Hunter’s Ridge neighbourhood of Fontana is a series of streets, drives, circles, lanes, ways, and … [read more]
The MLS® Housing Price Index (HPI) is a measure of real estate prices that provides a clearer picture of market trends over traditional tools such as raw average or median prices. The raw … [read more]
Summary of Findings: New listings in BC have fallen to 25 per cent below pre-pandemic norms. Most of the explanation for low listings is due to overall slow market activity, … [read more]
The British Columbia Real Estate Association (BCREA) reports that a total of 7,427 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2023, a decrease of 17.7 … [read more]
The last few months in British Columbia have been highly eventful in the topical realm of housing affordability and homelessness, with the provincial government taking the first steps on its new … [read more]
Home sales recorded over Canadian MLS® Systems posted an 11.3% increase from March to April 2023, foreshadowed by smaller back-to-back gains recorded in February and March. (Chart A) Following the … [read more]
Multiple Listing Service® (MLS®) residential sales in BC are forecast to decline 6.6 per cent to 75,530 units this year. In 2024, MLS® residential sales are forecast to post a … [read more]
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