Market Update

  • Non-residential construction up $12.6 billion by Steve Randall

    Construction of non-residential real estate was up 0.2 per cent in the second quarter of 2016 according to Statistics Canada data

  • Growth in new home prices doubled in June by Steve Randall

    The price of new homes was up 0.7 per cent in June, more than doubling the rate of growth in the previous month (0.3 per cent) according to Statistics Canada

  • BC market remains tight by Steve Randall

    There were a record 12,906 homes sold in British Columbia in June, up 14.3 per cent from a year earlier while the dollar volume surged 25.7 per cent to $8.97 billion

  • Montreal sales up for 8th consecutive quarter by Steve Randall

    Sales of homes in the Montreal Census CMA rose 2 per cent in the second quarter of 2016 compared to the same period of 2015

  • June house prices rise in almost every region by Steve Randall

    Home prices rose in ten of the eleven markets covered by the Teranet-National Bank HPI in June; the index was up 2.3 per cent for the month and 10 per cent from a year earlier

  • Royal Le Page brokers report more foreign buyers by Steve Randall

    Almost three quarters of Royal Le Page real estate advisors working in the Vancouver and Toronto markets report higher volumes of foreign buyers of residential properties during the second quarter of 2016

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