The rest of 2010 and the start of 2011 are looking good for the Greater Vancouver real estate market. A new report by the Canada Mortgage and Housing Corporation (CMHC) says that low mortgage rates combined with a growing population and an improving economy are good indicators for Metro Vancouver property sales.

Continued low mortgage interest rates, a steady flow of migrants to the Lower Mainland, and a growing job market are all positive factors that influence home sales according to the Canada Mortgage and Housing Corp. It concluded that sales will remain stable until mid-2011 before trending higher. The B.C. Real Estate Association also predicted in its fall housing forecast that B.C. housing sales will increase six per cent to in 2011.

You can find detailed listings for all areas in the Greater Vancouver area by clicking on the links below:
Read full post