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.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.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...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...Posted on May 07, 2022 in Economics
After 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...Posted on May 03, 2022 in Market Update
Metro Vancouver home sales return to more traditional levels in April