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,
The listing presents the 6.7-acre riverside property as a fixer-upper that would appeal to travellers
The actual national average home price also set another record in October at $607,250
The Real Estate Council of BC says as COVID-19 cases surge, open houses should stop
Vancouver’s average monthly rent is the highest out of 35 cities across Canada
Actual national average home price in September was a record $604,000
Economists had expected an annual rate of 240,000 starts in September
Still, 40 per cent of potential first-time home owners think now is a good time to buy
CMHC says there was a ‘moderate degree of vulnerability’ in the housing market as of the end of June
Compared with a year ago, sales in August were up 33.5 per cent