Home Prices Surge in Canada’s Biggest Cities Mask an Otherwise Temperate National Market

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

Royal LePage forecasts steady price gains for the full year, inventory shortages in large cities continue  TORONTO, July 9, 2014 – With the harsh winter now a fading memory, the average price of a home in Canada increased between 3.9 and 5.2 per cent in the second quarter of 2014. Prices are expected to increase […]

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Contemporary 1 Bed plus Den Condo – Close to UVIC

& Prestigious, Victoria Real Estate Update.

One owner, immaculately kept, rentable condo close to UVic/Camosun. Perfect for young professionals and students; this charming 1 bed+den condo has many small customizations that make it stand out from others. Enjoy the quietness and privacy with amenities steps from your door at Tuscany Village (walk score 90). Close to nature, downtown a short bus […]

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2 Bed 2 Bath Condo Updated Inside and Out – Real Estate Victoria

& Prestigious, Victoria Real Estate Update.

Located Close to Town and Trendy Cook Street Village Bright, rentable, fully remediated condo in central location. This spacious, top floor corner unit faces the quiet side of the building. The open concept is perfect for entertaining. Master bedroom has large walk in closet and 2 piece updated ensuite. Many other updates including in suite […]

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Consumer Housing Depand Strong in May – Real Estate BC

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

Strongest May for Home Sales Since 2007 Vancouver, BC – June 13, 2014.  The British Columbia Real Estate Association (BCREA) reports that a total of 8,729 residential sales were recorded by the Multiple Listing Service® (MLS®) in May, up 13.9 per cent from May 2013. Total sales dollar volume was $4.9 billion, an increase of […]

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BC Commercial Leading Indicator Trend Still Points to Growth

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

BC Commercial Leading Indicator Edges Lower, but Trend Still Points to Growth Vancouver, BC – May 27, 2014. The BCREA Commercial Leading Indicator (CLI) declined 0.4 points to an index level of 114.5 in the first quarter of 2014, breaking a string of four consecutive quarterly increases. On a year-over-year basis, the CLI was 1.5 […]

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BC Manufacturing Sales up 3.1% Over Same Period Last Year

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

BCREA ECONOMICS NOW Canadian Manufacturing Sales – May 15, 2014 Canadian manufacturing sales rose for the third consecutive month, edging up 0.4 per cent in March.  Sales were higher in 11 of 21 manufacturing sub-sectors. In BC, manufacturing sales fell 0.6 per cent on a monthly basis, but were 0.6 per cent higher than March […]

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BC MLS® Residential Sales Forecast to Increase

& BC Real Estate Update, Prestigious, Victoria Real Estate Update.

Vancouver, BC – May 15, 2014. The British Columbia Real Estate Association (BCREA) released its 2014 Second Quarter Housing Forecast today. BC Multiple Listing Service® (MLS®) residential sales are forecast to increase 5.2 per cent to 76,700 units this year, before increasing a further 6.7 per cent to 81,800 units in 2015. The five-year average […]

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