Canadian real GDP was largely unchanged in December, declining by 0.02 per cent, following two months of growth. Goods-producing sectors contracted by 0.2 per cent, while services were essentially unchanged. Construction activity fell 0.6 per cent in December, with residential building declining by 1.6 per cent. Offices of real estate agents and brokers rose 9 per cent, following five consecutive monthly declines amid soft home sales. Preliminary estimates suggest that output in the Canadian economy rose 0.4 per cent in January, helped by the conclusion of strikes in Quebec.

Real GDP rose 0.2 per cent in the fourth quarter, close to 1 per cent on an annualized basis, erasing a 0.1 per cent decline in the third quarter. Improved net exports, driven by…

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Vancouver's downtown core offers a vibrant urban lifestyle, attracting residents with its modern condos and bustling city life. For those seeking the best of urban living, Vancouver downtown condos stand out as a premier choice. This article delves into why these condos are so desirable, highlights some of the popular options available, provides a buying guide, discusses investment opportunities, and offers tips for living in and maintaining a Vancouver downtown condo.

Why Choose Vancouver Downtown Condos?

Convenience: One of the primary reasons people opt for Vancouver downtown condos is the convenience they offer. With easy access to public transportation, shops, restaurants, and entertainment venues, residents can enjoy a truly urban lifestyle…

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Fairview, a charming neighborhood nestled in the heart of Vancouver, offers a unique blend of urban convenience and natural beauty. For those considering real estate investment or buying a home in Fairview, this guide provides a comprehensive overview of the area's attractions, amenities, market trends, and investment opportunities.

Location and Overview

Situated on Vancouver's west side, Fairview Real Estate is renowned for its picturesque streets, stunning views of the city skyline, and proximity to parks and green spaces. Originally an industrial area, Fairview has undergone significant redevelopment in recent years, transforming into a vibrant residential community with a mix of heritage homes and modern condominiums.

Real Estate Market…

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Vancouver West has long been renowned as one of the most desirable real estate markets in Canada. Its stunning landscapes, vibrant urban amenities, and strong economic fundamentals make it a hotspot for investors and homebuyers alike. If you're considering investing in Vancouver West, staying updated with the latest new listings is crucial. Here's a comprehensive guide to help you navigate this exciting market.

Benefits of Investing in Vancouver West

Investing in Vancouver West Real Estate offers numerous benefits, including:

  • Strong Market Demand: Vancouver West has a consistently high demand for housing due to its desirable location and quality of life.
  • High Property Value Appreciation: Properties in Vancouver West tend to appreciate…

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Welcome to Vancouver West, where the perfect home is waiting for you! This area is renowned for its stunning natural beauty, vibrant culture, and top-notch amenities, making it a highly sought-after location for homebuyers. In this article, we'll explore everything you need to know about buying a house in Vancouver West, from the current real estate market trends to the popular neighborhoods and house-hunting tips.

Location and Overview

Vancouver West Real Estate is located on the western side of Vancouver, bordered by the Burrard Inlet to the north and the Fraser River to the south. It is known for its picturesque beaches, lush parks, and diverse neighborhoods. Some of the key features of Vancouver West include Stanley Park, Granville Island, and…

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Point Grey, located in Vancouver, is known for its stunning houses and beautiful surroundings. If you're in the market for a new home, Point Grey should be at the top of your list.

History and Overview of Point Grey

Point Grey has a rich history dating back to the early 1900s when it was a summer destination for Vancouver's elite. Today, it is a vibrant community known for its beautiful beaches, parks, and prestigious schools.

Characteristics of Houses in Point Grey

The houses in Point Grey are known for their unique architectural styles, spacious layouts, and stunning views. Whether you're looking for a modern masterpiece or a charming heritage home, you'll find it in Point Grey.

Benefits of Living in Point Grey

Living in Point Grey…

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The Consumer Price Index (CPI) rose 2.9% year-over-year in January, down sharply from December's 3.4% reading. The most significant contributor to the deceleration was a 4% decline in y/y gasoline prices, compared to a 1.4% rise the month before (see chart below). Excluding gasoline, headline CPI slowed to 3.2% y/y, down from 3.5% in December.

Headline inflation of 2.9% marks the first time since June that inflation has moved into the Bank of Canada 1%-to-3% target band and only the second time to breach that band since March 2021.

Grocery price inflation also decelerated broadly in January to 3.4% y/y, down from 4.7% in December. Lower prices for airfares and travel tours also contributed to the headline deceleration. Prices for clothing and…

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Canadian prices, as measured by the Consumer Price Index (CPI), rose 2.9 per cent on a year-over-year basis in January, down from a 3.4% increase in December. Month-over-month, on a seasonally adjusted basis, CPI declined by 0.1 per cent in January, the first decline since May of 2020. Gasoline base-year effects contributed to the decline. Excluding energy costs, CPI rose 3.3 per cent year-over-year in January, down from 3.7 per cent in December. Decelerating food costs also contributed to the slowing in the CPI, with food prices rising by 3.4 per cent in January compared to 4.7 per cent in December. Shelter costs, however, continue to be a major driver of inflation, with mortgage interest costs up 27.4 per cent and rent up 7.9 per cent from last year in…

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Kerrisdale, located in Vancouver's west side, is a prestigious neighborhood known for its elegant homes, tree-lined streets, and vibrant community. This guide will take you through everything you need to know about buying a home in Kerrisdale, from its rich history to current real estate trends.

History of Kerrisdale

Kerrisdale Real Estate was originally developed in the early 20th century as an affluent residential area. Today, it boasts a mix of historic homes and modern residences, showcasing a variety of architectural styles.

Kerrisdale Neighborhood Highlights

  • Parks and Green Spaces: Kerrisdale is home to several beautiful parks, including Elm Park and Kerrisdale Park, offering residents plenty of opportunities for outdoor activities.
    • …

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The real estate market in Vancouver has been a topic of interest and speculation for many years. As one of the most expensive cities in Canada, Vancouver's real estate prices have experienced significant fluctuations over the past decade. In this article, we will analyze the current state of Vancouver's real estate market and explore the factors that influence prices. Additionally, we will provide insights into the forecast for Vancouver real estate prices in 2024 and offer tips for buying real estate in this competitive market.

Overview of Vancouver Real Estate Market

Vancouver is known for its stunning natural beauty, vibrant culture, and strong economy. These factors, combined with a limited supply of land for development, have contributed to the…

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