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Housing Market News

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Showing 1 to 10 of 62 total blog posts

January 2021 – Real Estate Market Analysis

January 2021 began the second year of a global pandemic with a continuation of December’s record-setting home sales pace across the Lower Mainland. But the January acceleration was more than catching a tail wind from 2020.

November 2020 – Real Estate Market Analysis

The real estate market continues to thrive with home sales in November 2020 soaring past historical averages, with over 3,000 sales.

October 2020 – Real Estate Market Analysis

The market continues to outperform analysts predictions, as we experienced yet another stellar month of activity across Metro Vancouver.

September 2020 – Real Estate Market Analysis

Faith Wilson Group’s exclusive and comprehensive Market Analyses for September 2020 have arrived. The current trajectory of last 2 months in Vancouver real estate shows continual growth as sales increased over 56% compared to last September 2019. This increase is further shown from an almost 20% increase in sales from the month prior. In fact, […]

June 2020 – Real Estate Market Analysis

Sellers and Buyers have gradually become more active with each month passing from the mid March COVID-19 news. In fact, June home sales and listing activity in Metro Vancouver have returned to historically typical levels.

May 2020 – Real Estate Market Analysis

Recapping this last month of May 2020 in Vancouver real estate, we see that it has performed substantially in the same manner as the month previously – April 2020 – with a slight price increase of 1.4% and a 2.9% increase compared to last year May 2019.

February 2020 – Real Estate Market Analysis

February detached house sales on the Westside, at 62 transactions, were up 21.6% from February 2019 and the highest for any month since November of last year.

Q4 2019 – FWG Real Estate Market Analysis

Faith Wilson Group’s exclusive and comprehensive Market Analyses for Q4 of 2019 have arrived. Our team does the research and produces reports for 8 Lower Mainland areas (inclusive of 170 + neighbourhoods) + the Vancouver Condo Report. Providing the market’s pricing for each type of home within its neighbourhood, and the market activity within its […]

Canada’s mortgage stress tests just got a little easier

From the Globe & Mail. The interest rate used in Canada’s mortgage stress tests has fallen for the first time since 2016, making it slightly easier to become a homeowner. The mortgage qualifying rate dropped to 5.19 per cent from 5.34 per cent, where it had been locked since May of 2018, according to new […]

Events in Hong Kong may trigger return of expats

An estimated 300,000 Canadian citizens live and work in Hong Kong, where violent protests have sparked speculation BC may see a mass return of expats.

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