Blog

November Market Update

(November 30, 2012)

"Economic growth is forecast to be slightly stronger in 2013 than in 2012, reflecting increased non-residential investment and consumer spending partly offset by a weaker global outlook. Domestic factors in British Columbia, including population growth and continued low mortgage interest rates, remain supportive of the housing market."
source: CMHC.ca

Market Update - solds in the last 90 days

Downtow... read more.

This is why you should buy now...

(November 06, 2012)

According to the "Housing Market Outlook" released by CMHC this month, BC will remain a buyers' market, but not for long, and here's why:

  • Housing starts are forecast to rise modestly in 2013 as the economy and job growth improve relative to the 2012 outlook.
  • Buyers' market condition emerged in mid-2012, however, balanced markets are expected to return by mid-2013
  • Economic growth is forecast to be sl... read more.