Vancouver Real Estate Prices Archives - Better Dwelling https://betterdwelling.com/tag/vancouver-real-estate-prices/ Canada’s Fastest Growing Real Estate News Source Wed, 06 Dec 2023 18:30:15 +0000 en-US hourly 1 https://i0.wp.com/betterdwelling.com/wp-content/uploads/2016/07/cropped-better-dwelling-flower-logo.png?fit=32%2C32&ssl=1 Vancouver Real Estate Prices Archives - Better Dwelling https://betterdwelling.com/tag/vancouver-real-estate-prices/ 32 32 64691831 Canadian Real Estate Arson May Rise As Economy Slows, Warns Insurer https://betterdwelling.com/canadian-real-estate-arson-may-rise-as-economy-slows-warns-insurer/ https://betterdwelling.com/canadian-real-estate-arson-may-rise-as-economy-slows-warns-insurer/#respond Wed, 06 Dec 2023 18:30:11 +0000 https://betterdwelling.com/?p=24396 The only bond stronger than a mother and its baby is the one between rising interest rates and the arson of new homes under construction. Commercial insurer Northbridge Insurance is warning home builders to look out for arsonists. In a letter this week, the firm explained they expect new home arson to rise as financial […]

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Canada’s International Student Boom Is Ending As Indian Applications Plummet https://betterdwelling.com/canadas-international-student-boom-is-ending-as-indian-applications-plummet/ https://betterdwelling.com/canadas-international-student-boom-is-ending-as-indian-applications-plummet/#comments Tue, 31 Oct 2023 17:10:35 +0000 https://betterdwelling.com/?p=24210 Canada may have just killed one of its last golden geese. Immigration, Refugees and Citizenship Canada (IRCC) data shows new study permits made a sharp drop in August 2023. The decline can be attributed almost entirely to falling applications from India, a market that represented nearly half of all permits in 2022. The loss of […]

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BC To Fast Track Immigrants To Fix Canada’s Real Estate Agent Shortage https://betterdwelling.com/bc-to-fast-track-immigrants-to-fix-canadas-real-estate-agent-shortage/ https://betterdwelling.com/bc-to-fast-track-immigrants-to-fix-canadas-real-estate-agent-shortage/#comments Tue, 24 Oct 2023 17:05:40 +0000 https://betterdwelling.com/?p=24182 Canada’s record population growth has amplified a labor shortage in key professions. BC is hoping its new International Credentials Recognition Act (ICRA) can help. The recently tabled legislation is designed to attract immigrants to certain fields by recognizing foreign credentials. Most would agree on the list of professions, with just a tiny exception. Have you […]

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This Week’s Top Stories: Canadian Real Estate Prices Fall & The Era of Cheap Credit Ends https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-prices-fall-the-era-of-cheap-credit-ends/ https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-prices-fall-the-era-of-cheap-credit-ends/#comments Sun, 20 Aug 2023 16:53:38 +0000 https://betterdwelling.com/?p=23836 Time for your cheat sheet on this week’s top stories. Canadian Real Estate The Global Era of Cheap Credit May Be Over, Home Prices To Adjust: BMO One of Canada’s largest banks sees the global era of cheap credit coming to an end. Post-Global Financial Crisis (GFC) the world was flooded with liquidity— pressuring real […]

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Canadian Real Estate Losses Are Reversing At A Brisk Pace: BMO https://betterdwelling.com/canadian-real-estate-losses-are-reversing-at-a-brisk-pace-bmo/ https://betterdwelling.com/canadian-real-estate-losses-are-reversing-at-a-brisk-pace-bmo/#comments Wed, 16 Aug 2023 17:27:31 +0000 https://betterdwelling.com/?p=23808 Canadian real estate prices surged higher as rates were cut, then plunged as rates climbed. According to a new BMO Capital Markets analysis, markets have retraced a significant portion of their losses despite higher interest rates. In fact, some real estate markets are even hitting new record highs alongside climbing interest rates. Tracking The Canadian […]

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Canadian Unemployment Rate Rises As Population Outpaces Jobs  https://betterdwelling.com/canadian-unemployment-rate-rises-as-population-outpaces-jobs/ https://betterdwelling.com/canadian-unemployment-rate-rises-as-population-outpaces-jobs/#comments Fri, 07 Jul 2023 19:04:08 +0000 https://betterdwelling.com/?p=23624 Canada’s economy continued to add jobs last month, but it wasn’t good news. Statistics Canada (Stat Can) data show the country added a huge number of new jobs in June 2023. However, the massive gains weren’t enough to prevent the unemployment rate from rising. That’s right—Canada’s record population growth is outpacing its ability to create […]

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Toronto Real Estate Is Following Canada’s Climbing Mortgage Delinquencies  https://betterdwelling.com/toronto-real-estate-is-following-canadas-climbing-mortgage-delinquencies/ https://betterdwelling.com/toronto-real-estate-is-following-canadas-climbing-mortgage-delinquencies/#comments Tue, 27 Jun 2023 16:06:47 +0000 https://betterdwelling.com/?p=23570 Canada’s largest real estate market is finally beginning to show some cracks. Equifax data reveals that Toronto mortgage delinquencies climbed again in Q1 2023. It’s inline with national data, which revealed increased mortgage delinquencies across the country. Normalization is expected after hitting record low rates, but it’s surprising to see since lenders are going to […]

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Canadian Real Estate Correction Not Over, Rising Sales Temporary: Oxford Econ  https://betterdwelling.com/canadian-real-estate-correction-not-over-rising-sales-temporary-oxford-econ/ https://betterdwelling.com/canadian-real-estate-correction-not-over-rising-sales-temporary-oxford-econ/#comments Mon, 19 Jun 2023 19:41:04 +0000 https://betterdwelling.com/?p=23549 Canadian real estate is heating up, after a brief correction. Both prices and sales are up around most of the country—some markets rising by tens of thousands in May. Don’t expect it to last, warns a top economist. Oxford Economics warned clients they expect this to be a temporary boost, and the pullback for existing […]

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Canadian Real Estate Market Strength Unlikely To Last: RBC https://betterdwelling.com/canadian-real-estate-market-strength-unlikely-to-last-rbc/ Fri, 16 Jun 2023 19:53:42 +0000 https://betterdwelling.com/?p=23542 Canadian real estate prices are back to surging after a correction that barely lasted a year. However, the momentum carrying prices higher isn’t expected to last very long after the latest Bank of Canada (BoC) rate hike. RBC, the country’s largest bank, expects rising interest rates will throttle demand at a time when more supply […]

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This Week’s Top Stories: Canadian Mortgages Get More Expensive, and The Low Rate Era Is Over https://betterdwelling.com/this-weeks-top-stories-canadian-mortgages-get-more-expensive-and-the-low-rate-era-is-over/ https://betterdwelling.com/this-weeks-top-stories-canadian-mortgages-get-more-expensive-and-the-low-rate-era-is-over/#comments Sun, 11 Jun 2023 16:09:28 +0000 https://betterdwelling.com/?p=23508 Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Warns The Era of Low Rates Is Over The Bank of Canada doesn’t see low interest rates returning anytime soon. Over the past 3 decades, the central bank argues that various factors have applied pressure to lower rates. As […]

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