Real Estate SnapShot

CMHC makes announcement regarding self-employed borrowers

(July 19, 2018)

Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage.The national housing agency says it's giving lenders more guidance and flexibility to help self-employed borrowers.Self-employed Canadians may have a harder time qualifying for a mortgage as their incomes may vary or be less predictable.CMHC is providing examples of factor... read more.

Commercial real estate sales down, values up in 2017

(March 12, 2018)

Commercial real estate sales activity in the Lower Mainland declined from the record highs of one year ago and remained above the region’s long-term historical sales average in 2017.


There were 2,591 commercial real estate sales in the Lower Mainland in 2017, a 10.4 per cent decrease from the record 2,891 sales in 2016, according to data from Commercial Edge, a commercial real estate system operate... read more.

October sales exceed historical average

(November 05, 2017)

Metro Vancouver* home sales exceeded typical historical levels in October with the majority concentrated in the townhouse and apartment markets.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,022 in October 2017, a 35.3 per cent increase from the 2,233 sales recorded in October 2016, and an increase of 7.1 per cent compared to Sep... read more.

Commercial real estate activity below last year’s record-setting pace

(August 22, 2017)

VANCOUVER, BC – August 22, 2017 – 
Commercial real estate activity in the Lower Mainland declined from the record highs of one year ago and returned to more historically typical levels in the second quarter (Q2) of 2017. 

There were 595 commercial real estate sales in the Lower Mainland in Q2 2017, a 32 per cent decrease from the record 875 sales in Q2 2016, according to data from Commercial Edge, a c... read more.

Commercial real estate sales reach a five-year high in the Lower Mainland

(March 20, 2017)

Demand for land helped commercial real estate sales and dollar volume reach five-year highs in the Lower Mainland in 2016, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV).


There were 2,848 commercial real estate sales in the Lower Mainland in 2016, a 21 per cent increase over the 2,353 sales in 2015.Commercial re... read more.