A Look Into The Future

Kristi Wong • April 19, 2016

In 10 years, the house prices in several Canadian cities will be far and away more expensive than the prices of today. “A single-family home in Toronto will run between $2.26 million and $3.582 million by 2026, by our projections. In Vancouver, a single-family home will run you $2.8 million to $5.1 million by then. […] The post A Look Into The Future appeared first on Andy Schildhorn, PREC.

In 10 years, the house prices in several Canadian cities will be far and away more expensive than the prices of today.

“A single-family home in Toronto will run between $2.26 million and $3.582 million by 2026, by our projections. In Vancouver, a single-family home will run you $2.8 million to $5.1 million by then.

But the bad news doesn’t just affect people who haven’t bought yet. Upgrading from a condo to a house in these cities would become a mere fantasy for many in the middle class under these scenarios.”

The post A Look Into The Future appeared first on Andy Schildhorn, PREC.

Sometimes we need to smile.

By Andy Schildhorn • April 18, 2025
It's basically the most basic dog you can get, but they are adorable. They're popular for a reason. Support our very own LAPS

2025 Election: Langley Candidates, Ridings & Voting Info

By Grace Kennedy | Fraser Valley Current • April 17, 2025
Everything you need to know about the upcoming federal election in Langley. The 2025 federal election campaign will end April 28 with a new set of Parliamentarians tasked with the job of governing Canada.  Read More Here

A Market made for Buyers is missing... Buyers.

By REM Editorial Team • April 16, 2025
Homebuyers in Metro Vancouver are sitting on the sidelines despite market conditions tipping in their favour, according to the latest data from the Greater Vancouver Realtors (GVR). Residential home sales in March 2025 totalled just 2,091—down 13.4 per cent from March 2024 and 36.8 per cent below the 10-year seasonal average. It marked the slowest March for sales since 2019. Active listings climbing to highest levels seen in a decade At the same time, active listings reached levels not seen in nearly a decade. New listings for detached, attached and apartment properties were up 29 per cent year-over-year to 6,455—a 15.8 per cent increase over the 10-year average. Total active listings on the MLS reached 14,546, up 37.9 per cent compared to March 2024 and 44.9 per cent above the seasonal average. “If we can set aside the political and economic uncertainty tied to the new U.S. administration for a moment, buyers in Metro Vancouver haven’t seen market conditions this favourable in years,” said Andrew Lis, GVR’s director of economics and data analytics. “Prices have eased from recent highs, mortgage rates are among the lowest we’ve seen in years, and there are more active listings on the MLS than we’ve seen in almost a decade.”  Read More
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