Hafez Realty News

Private Elevator

Quality Workmanship & Finishing

Priced at $2,298,800

Open: July 14 & 15 from 2 to 4

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Wait...Did you say ELEVATOR? Yup, you read that right! Stunning 8bed+/8bath/5915sqft/3lvl home on an 8500sqft lot; perfect for a multi-generational family. Features: 9' ceilings, engineered & tile floors, formal living & dining rms, large gourmet kitchen,...

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Vancouver, BC – November 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 6,405 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in October, down 26.2 per cent from the same month last year. The average MLS® residential price in BC was $690,161, a decline of 4.1 per cent from October 2017. Total sales...

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Home sales in British Columbia have been subdued during 2018 and are expected to end the year 23% lower than 2017 with 80,000.


The figures from the British Columbia Real Estate Board (BCREA) reflect the tough year the province’s housing markets – especially Vancouver – following policy changes including the mortgage stress test and interest rate hikes. It could have been worse though...

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The British Columbia Real Estate Association (BCREA) released its 2018 Fourth Quarter Housing Forecast today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 23 per cent to 80,000 units this year, after recording 103,768 residential sales in 2017. MLS® residential sales are forecast to increase 12 per cent to 89,500 units in 2019. The 10-year average...

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Canada’s housing markets should see a moderation in both housing starts and sales while house prices are expected to reach levels that are more in line with economic fundamentals such as income, job and population growth. This forecast for 2019 and 2020 is drawn from the 2018 Housing Market Outlook released today by Canada Mortgage and Housing Corporation (CMHC).


Nationally, CMHC’s outlook...

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Hafez Panju
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