Hafez Realty News


Home buyer demand remains below long-term historical averages in the Metro Vancouver* housing market.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales totalled 1,608 in the region in November 2018, a 42.5 per cent decrease from the 2,795 sales recorded in November 2017, and an 18.2 per cent decrease compared to October 2018 when 1,966 homes sold.


Last month’s...

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© Reuters/Reuters Photographer


  • Following new mortgage regulations and higher rates, Canada's most expensive housing markets have slowed sharply this year.
  • The housing market in Toronto has showed signs of stabilization in recent months.
  • But Vancouver may not be headed for a similarly soft landing, economists say.

As Canada's housing market cools down, economists say some of its once-booming cities...

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Canada's annual inflation rate remained above the central bank's target for the ninth straight month in October, data showed on Friday, but markets saw few signs the Bank of Canada would hike interest rates next month.

 

Statistics Canada said the annual inflation rate edged up to 2.4 percent from 2.2 percent in September. Analysts in a Reuters poll had forecast it would stay at 2.2 percent.


The...

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WATERFRONT PROPERTY!!! Here is your chance to own a great future investment while enjoying the unique opportunity to own on the river!! Imagine leaving your own private dock for a quick boat ride or just sitting in the yard enjoying the views! This nice cute rancher has a ton of windows and natural light and has views of the river from most of the rooms in the house. 2 bedrooms, 2 full bathrooms, open...

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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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