Despite claims to the contrary, real estate prices for Olympic host cities don’t experience a boom and bust cycle, according to a study by the University of British Columbia’s Sauder School of Business. The UBC study is the first to use real estate variables to test an Olympic Games’ economic impact on host cities. Researchers [...]

Market confidence and expected economic improvements are likely to contribute to an increase in Vancouver real estate prices, according to a Royal LePage house price survey. Vancouver prices are expected to increase an average 7.2% in 2010 following a buoyant market recovery during the last few months of 2009. Detached bungalows in Vancouver sold for [...]

Young, first-time home buyers are opting for older homes as a more affordable first step to home ownership, according to a TD Canada Trust survey released Monday. Almost half of first-time home owners aged 18 to 34 bought a house that was at least 21 years old, compared with only 27% of home owners aged [...]