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Our proven online marketing get properties sold at a premium and in a shorter amount of time. Our intimate knowledge of the Vancouver market, and extensive experience, ensures your purchase or sale goes without a hitch.
Let’s get coffee.
Canadian real GDP was flat from the prior month in April, following a 0.1 per cent increase in March. Goods-producing sectors of the economy grew 0.1 per cent while services-producing sectors were flat. Construction activity rose 0.4 per cent as lower residential construction activity was offset by other subsectors, including engineering constructi...
The May inflation data, released this morning by Statistics Canada, bore no surprises. The year-over-year (y/y) inflation measured by the Consumer Price Index (CPI) at 3.4% was just as expected--down a full percentage point from the April reading. This is the smallest increase since June 2021. Economists hit this one on the head because we knew dro...
Commercial real estate sales and dollar volumes had a slow start to 2023, with year-over-year declines across all property types.
Canadian housing starts fell 23 per cent to 202,494 units in May at a seasonally adjusted annual rate (SAAR). Starts were down 28 per cent from the same month last year. Single-detached housing starts rose 3 per cent to 55,967 units, while multi-family and others fell 29 per cent to 146,528 (SAAR). 
The Bank of Canada raised its overnight policy rate this morning by 25 basis points to 4.75 per cent. In its statement accompanying the decision, the bank noted that the Canadian economy was stronger than expected in the first quarter and spending in interest rates sensitive sectors, like the housing market, has picked up. On inflation, the Bank co...