May 2022

Details of an up-and-coming large scale, approved redevelopment in Vancouver 

Posted on May 31, 2022 in Community

An up-and-coming large scale development in Vancouver which will include a neighbourhood park, leisure spaces, a variety of housing types, retail and office commercial opportunities, an MST Cultural Centre, childcare centre and a new school on land leased to the Conseil Scolaire Francophone has just been approved.

This is the city's largest-ever Ind...

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What's Happening in The Lower Mainland This Weekend (May 27 to 29)

Posted on May 27, 2022 in Community

Wondering what to do in Vancouver this weekend? Lots of events and attractions that are happening in the Lower Mainland.

See below for a list of what’s happening this Friday, Saturday and Sunday

Friday May 27, 2022

American DJ/producer dance-pop duo Two Friends plays the Commodore Ballroom.

Comedians, moms, and social-media stars Tiffany Jenkins, Mered...

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Canadian Inflation in April 2022

Posted on May 18, 2022 in Economics

Canadian prices, as measured by the Consumer Price Index (CPI), rose 6.8 per cent on a year-over-year basis in April, up from 6.7 per cent last month. This was the largest gain since January 1991 (+6.9 per cent). According to Statistics Canada, price rises were broad-based, with groceries up 9.7 per cent year over year, gasoline up 36.3 per cent, a...

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BC Home Sales Trending Toward Normal Activity

Posted on May 12, 2022 in Economics

The British Columbia Real Estate Association (BCREA) reports that a total of 8,939 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2022, a decrease of 34.9 per cent from a record April 2021. The average MLS® residential price in BC was $1.065 million, a 12.9 per cent increase from $943,765 recorded in April 202...

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Canadian Employment - April 2022

Posted on May 07, 2022 in Economics

BC Job Creation Employment Real EstateAfter growing in February and March to a record level, Canadian employment was little changed in April at 19,601k. The labour market is tight, with the Canadian unemployment rate declining by 0.1 to 5.2 per cent, the lowest rate on record since comparable data became available in 1976. The total hours worked fell 1.9 per cent in April while average...

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Vancouver Real Estate Statistics - April 2022

Posted on May 03, 2022 in Market Update

Vancouver Real Estate Statistics - April 2022Metro Vancouver home sales return to more traditional levels in April

Home buyer demand in Metro Vancouver* returned to more historically typical levels in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in...

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