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Canadian House Prices Will Pick Up In 2020 Say Economists Home prices are set to be flat for the rest of this year before picking up in 2020. A panel of economists and analysts convened by Reuters says that lower mortgage rates and strong economic conditions will drive prices higher next year.... But homeowners and investors hoping for a new Canadian housing boom appear to be out of luck; the panel expects growth to be a modest 1.8% in 2020. The strong labour market and population growth will be key factors in next year’s price increases. "There are views that the factors are in place for continued recovery, but then again it will be a slow recovery, not a sharp snap-back," RBC’s senior economist Robert Hogue told Reuters.

As the market goes down, The rates do so. We are offering 2.69% for 5 year Fixed. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 2,077 in June 2019, a 14.4% decrease from the 2,425 sales recorded in June 2018 and a 21.3% decrease from the 2,638 homes sold in May 2019. Click on the pictures below to review the whole report.

B.C. government introduces legislation on speculation tax

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Do you know which of these languages is not an official UN language?