Author: admin
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Property Markets in Alberta and B.C. Show Strong Momentum
Calgary, Edmonton, and British Columbia cities like Vancouver show steady property sales driven by location, price, and amenities. Alberta offers stable prices with new single-family homes on city outskirts, while BC faces higher prices and limited supply, focusing on condos near city centers. Demand is influenced by employment, economic stability, and community features. Builders respond…
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BCREA: MOST BC REGIONS SEE STRONGER SALES IN JUNE
In June 2025, British Columbia recorded 7,162 residential unit sales, a 1.3% increase from June 2024, but 23% below the ten-year June average. The average home price dropped 4.2% to $954,065, and total sales volume fell 3% to $6.8 billion. Year-to-date, sales volume decreased 11% to $34.2 billion, unit sales dropped 7.1%, and average prices…
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BC Powers Canada’s Mid-2025 Housing Growth
British Columbia led national growth, adding 28,000 units to its annualized housing start rate. BC reached an annualized rate of 64,200 units, a standout gain this June. Builders in BC responded to strong urban demand despite high development costs. BC’s housing momentum is a bright spot in Canada’s June construction landscape. The province’s surge helped…
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Ontario and B.C. home prices fall—but it won’t last long
Canada’s housing market is stabilizing but faces a localized reset. Ontario and B.C. see price drops and sales declines, with a rebound expected by 2026. Toronto faces a condo oversupply, while Vancouver focuses on rental builds amid high prices and low vacancy. Other markets like Montreal, Edmonton, and Calgary lead in new starts. Alberta’s prices…
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Metro Vancouver & Fraser Buyers Still Holding Back
Sales Activity in June: – Greater Vancouver: ↓ 9.8% yearly to 2,181 – Fraser Valley: ↓ ~9% yearly to 1,195 Greater Vancouver prices softened: – Detached: $1.99M – Condo: $748K – Townhome: $1.104M
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BC Cuts Housing Fees, Builds Homes Faster!
B.C. changes rules to cut early-stage housing costs and speed up construction starts. Developers can use surety bonds, freeing capital unlike restrictive letters of credit.
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What to Expect From BC’s 2026 Housing Market?
Home sales in B.C. are expected to decline by 5.0% in 2025. A strong rebound of 19.5% in sales is forecasted for 2026 as confidence returns.
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Home buyers remain cautious in Metro Vancouver and Fraser Valley
Greater Vancouver Realtors and Fraser Valley Real Estate Board report June 2025 housing markets moving toward balance with differing trends. GVR saw a 9.8% sales decline year-over-year but improvement from May, while FVREB sales rose slightly month-over-month but remained below last year. Inventory is up significantly in both areas, easing price pressures. Benchmark prices fell…
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BC Housing Market Set to Reignite in 2026
Sales Dip Expected: MLS® home sales in BC forecast ↓ 1.1% in 2025 due to tariff uncertainty; rebound ↑ 8.8% expected in 2026. Price Trends: Average BC home price projected ↓ 0.9% to $972,800 in 2025, before ↑ 3.2% to $1,004,000 in 2026.