First-time buyers largely wanted a detached home, with 61 per cent eyeing that option
Federal budget promised $2.4B over five years, beginning with nearly $1.8B this year, for affordable housing
On a month-over-month basis, sales in March were up 5.2 per cent compared with February
Data released Monday says 36% of adults younger than 40 have given up on home ownership entirely
Listings cover properties around the region
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South Island’s Woodside Farm is the oldest continuously operated farm west of the Great Lakes
68% of buyers in B.C. are coming from out of market
Mortgage rates at lowest in decades, helping people enter the market
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BCREA said unit sales and dollar sales volume were much higher than January last year
Along with sales, the average price of homes is also predicted to rise, by nearly 8 percent
The corporation says the COVID-19 pandemic could trigger nearly 50 per cent drop in housing prices
Rural starts were estimated at a seasonally adjusted annual rate of 22,373 units
Every region in B.C. reported a zero to 10 per cent increase in valuation, although individual cities differ
Canadians are willing to give a child, family member an average of $60,513 to help them buy a home
The report also forecasts a firmer rental market through 2022 as economic conditions normalize
CREA says the average price is $122,000 lower excluding the Greater Vancouver and Greater Toronto Area
The data from Royal LePage comes amid an overall uptick in home prices this year,