It is widely expected that Bank of Canada will make its largest rate hike yet of 75 basis points on July 13. What does it mean to you and your mortgage?
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In Vancouver’s market cooldown, rental prices are going up
While Vancouver’s median property prices are down as much as 28.3 percent since February, MLS data compiled by HouseSigma shows Vancouver rental prices increased
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Metro Vancouver Median Home Prices Down 13.5% Since February
More good news for buyers, but not so much for sellers. Last month, medians dipped a further two per cent from May.
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Find Your Next Home Using School Zones and Demographics Features
Advance your home search with the school and demographic features on HouseSigma
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Wealthy Communities in Metro Vancouver are dipping
Some of Metro Vancouver’s most well known “luxury” and multi-million dollar communities are seeing double-digit negative growth, year over year.
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Full Effect of Rising Rates Hitting Metro Vancouver Cities
The Bank of Canada just raised its overnight lending rate to 1.5%, and our data shows that the Metro Vancouver cities are feeling the full effect of the rising rates.
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Greater Vancouver Median Home Prices Fall, but Not All Communities Feel the Chill
Are people in Greater Vancouver panicking because of the interest hikes? What are the data telling us?
See our HouseSigma report on the Greater Vancouver market for more information.