Glacier Media Real Estate

Bank of Canada lowers benchmark qualifying mortgage rate

Mortgage applicants can now qualify for a slightly higher priced home under stress test

Lower Mainland’s new home supply plummets by nearly half: report

Just over 4,000 new homes were released in region in first six months of 2019, versus nearly 8,000 one year previously

Home sales down in B.C. on annual basis, up nationwide

Near-12-per-cent year-over-year sales decline in B.C. is offset nationally by gains in Toronto and Montreal

Mortgage stress test caused a third of B.C. residential sales slowdown: BCREA

Market decline largely due to interest rates and affordability, but sales would be 10 per cent higher without stress test, says economic study

Vancouver tied with Toronto for hottest office market in North America: report

Downtown office vacancies plummet to 2.6 per cent, the most in-demand on the continent, along with Toronto

Benchmark residential price in Metro Vancouver slips under $1m: REBGV

Metro Vancouver home sales see slowest June in 19 years, and buyers have biggest inventory to choose from in five years, reports board

12% of Vancouver residents can afford to buy an average home, report finds

The real estate market may have seen a slowdown in B.C.’s major cities, but the pressure on housing affordability has barely eased, according to RBC’s latest quarterly affordability report. Taking...

The sub-3% five-year fixed mortgage is back – for now: BCREA forecast

Lower bond yields have brought the typical five-year fixed down to 2.99 per cent – but not for long

How Metro Vancouver home prices have rocketed vs. other North American cities

We all know that real estate prices in Metro Vancouver have increased significantly over the past decade or so, but how does that growth compare with other North American cities? Canadian housing...

B.C. money-laundering estimates may be wildly off the mark, admits report author

Chair of Expert Panel on Money Laundering in Real Estate tells SFU audience that the panel was unable to “estimate the inestimable"