Category: Uncategorized
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Here’s how much it costs to rent a one-bedroom apartment in Metro Vancouver in November
Metro Vancouver remains Canada's most expensive rental market despite a slight decline. The average rent for a one-bedroom unfurnished unit dropped to $2,164, down $59 from October and $195 since last year. West Vancouver is the priciest city, followed by North Vancouver and Vancouver. Surrey offers the cheapest rents, with one-bedrooms averaging $1,760 unfurnished and…
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Is Canada Entering a Buyer Market?
Fall housing starts slow as buyers stay cautious and regional rebounds remain uneven. Growing listings in major provinces shift leverage to buyers, delaying purchasing decisions. Toronto and Vancouver see continued price moderation but affordability still strained. Gradual recovery expected into 2026 as demand firms and employment improves.
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Key Trends Shaping Canada’s Real Estate Market
Urbanization is increasing demand for housing in major cities, pushing developers toward high-density and mixed-use projects. Population growth is driving more multi-family construction and boosting demand for services and amenities. Digital tools like virtual tours, online listings, and data analytics are transforming how Real Estate is marketed and managed. Tech-driven firms are gaining market share…
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CREA Predicts Canadian Housing Rebound by 2026
2025 to soften slightly with sales down 1.1% and prices dipping 1.4%, mainly due to slowdowns in B.C. and Ontario. Many regions will still see 4–8% price gains in 2025, reflecting strong local demand outside the most expensive provinces. 2026 to rebound sharply: national sales forecast to rise 7.7% and prices 3.2%, reaching about $698K.…
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10 Tips For Budgeting For First-Time Homebuyers
Buying a house is a significant financial commitment, and preparing a budget is crucial. Key budgeting tips include determining the type of home desired, calculating monthly cash flow, creating a realistic spending plan, and prioritizing expenses. Automating savings and regularly reviewing the budget are essential for staying on track. Additionally, saving for a down payment…
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55% of all Metro Vancouver homes projected to be condos by 2051
Metro Vancouver's housing stock will grow from 1.05 million to 1.7 million units by 2051, with over half being condominiums, up from under half today. Population will rise to 4.21 million. Condos will make up 67% of new homes, while single-family homes drop from 26% to 14%. Surrey and Vancouver will absorb nearly half of…
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Is Canada’s Housing Market Recovering?
The market is gradually moving into balance, with supply and demand better aligned and less extreme price swings expected. Affordability remains a major constraint, as mortgage rates stay elevated and many buyers continue to sit on the sidelines. There is regional divergence: Some provinces, like Quebec and parts of the Prairies, show solid price growth,…
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बीसी में किराए में राहत, Vancouver अब भी शीर्ष पर
Vancouver में किराए पिछले साल की तुलना में 7.4% कम हुए हैं, फिर भी यह कनाडा के प्रमुख शहरों में सबसे महंगा बना हुआ है। एक बेडरूम के किराए में 6.1% और दो बेडरूम के किराए में 4.4% की गिरावट आई है। अनुमान है कि 2051 तक Vancouver के 55% निवासी बहु-इकाई इमारतों में रहेंगे।…
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Can Canada Double Housing Construction?
Canada plans to double national homebuilding over the next decade through new federal initiatives. Federal housing programs are projected to drive over $1 trillion in economic investment by 2030. The Affordable Housing Fund is expected to create thousands more units as new funding accelerates. Top-up financing is forecast to add over 5,000 new affordable homes…
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Here Are The Cheapest Neighbourhoods To Rent In Metro Vancouver Right Now
Rental prices in Metro Vancouver have generally decreased since last year, though October saw a $52 rise for unfurnished one-bedroom units, averaging $2,223. Cities like Burnaby, Langley, and Vancouver saw rent drops, while North Vancouver, Richmond, and Coquitlam experienced increases. Surrey offers the cheapest rent, with unfurnished one-bedrooms averaging $1,801. Metro Vancouver remains Canada's most…