December 2019

Canadian Housing Market Outlook

Posted on Dec 18, 2019


Average home price expected to rise by 3.7% next year'

• Increased consumer confidence could be a key factor affecting the housing market in 2020
• 51% of Canadians are considering a home purchase in the next five years, up from 36% at the same time last year
• Only two in 10 Canadians say that the mortgage stress test negatively affe...

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Housing Inventory at Lowest Level in Over 10 years

Posted on Dec 17, 2019

Canada’s national housing supply is at the lowest levels seen in 12 years, according to the Canadian Real Estate Association (CREA).There were just 4.2 months of inventory left across the country at the end of November 2019the lowest level recorded since the summer of 2007 and far below the long-ter...

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Christmas Light Displays

Posted on Dec 10, 2019

Peace Arch News has come out with a MAP to help you find all the local homes that have wonderful light displays for the holidays in White Rock, South Surrey, Cloverdale, Langley and beyond. 

Have fun! 

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December Real Estate News

Posted on Dec 04, 2019

Welcome to December!

As the frosty days are upon us the real estate market has been busier than usual with a 36.7% increase in sales over November 2018! Homes are still selling for less than they were a year ago but are still up 48.4% for detached homes, townhouses and condos combined over 5 years ago. 

December is a wonderful time for family and cel...

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