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The Greater Vancouver housing market gained further momentum inJuly with record sales levels and a continued strengthening of home prices.The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales inGreater Vancouver totalled 4,114 in July 2009, becoming the highest volume of sales ever recorded within the RE-BGV for that month, outpacing the 4,023 sales...
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The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June.
 
The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per cent in June 2009 to 4,259, from the 2,425 sales recorded in June 2008. The figure...
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OTTAWA -- Canada's housing market is expected to ease in 2010 and 2011 as the market returns to more balanced conditions, Canada Mortgage and Housing Corporation said Wednesday.

"Canadian housing markets have recovered from the low levels posted in early 2009," Bob Dugan, chief economist for CMHC, said in a release.


"Moving forward, housing starts will moderate as activity becomes more in-line with...

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The economies of Ontario and British Columbia will shine brightest in 2010 while the rest of country is on track to see a more gradual rebound in growth, the Conference Board of Canada said Monday.


Driven by a recovering auto sector and stronger domestic economy, Ontario will “rise from the ashes” to share the top spot with British Columbia this year, the think tank said in its Spring 2010 provincial...

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Interesting article from the Financial Post... 

OTTAWA - Real estate investment is ready for a rebound, according to an international survey that suggests both real estate investors both in Canada and abroad are ready to put some faith - and some money - in the market.

Respondents to the 2010 Global Investor Sentiment Survey said access to financing was becoming easier, and the majority of private...

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