April 2020

Canadian employment plummeted in March, falling by 1.01 million jobs (-5.3%, m/m). The unemployment rate increased 2.2 percentage points from 5.6% to 7.8%, as government measures intended to limit the spread of COVID-19 led to the closure of non-essential businesses and travel restrictions.

Job losses were unsurprisingly right across the country, w...

Canadian housing starts decreased by 7.3% m/m in March to 195,174 units at a seasonally adjusted annual rate (SAAR). The decrease was broad-based with starts down in 7 of 10 provinces, signaling early signs of the impact of COVID-19 on construction activity. The trend in national housing starts fell to a still healthy average of 205,000 units SAAR...

If you're here, then you're probably thinking about selling your property in Vancouver, and you're wondering exactly what you'll walk away with after all your fees are paid. It's important to pay attention to these closing costs, especially when you're looking to purchase your next property.

Home buyers and sellers adjust their activities in March amid challenging circumstances

Metro Vancouver’s* housing market saw steady home buyer demand to begin March and a levelling off of activity as the month went on and concerns about the COVID-19 outbreak intensified.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential ho...