Lower mortgage rates may revive buyer demand and presale activity, but market confidence hinges on trade and economic stability. Here’s what it means for homeowners, land-owners, and developers.

The BCREA Market Intelligence Report highlights the seller's market in Vancouver's housing market, with limited inventory and high demand resulting in bidding wars and multiple offers. Learn more.

Low inventory and low growth define the market this year so far. But signs of growth are starting to appear on the horizon.

Canadian prices, as measured by the Consumer Price Index (CPI), rose 4.3 per cent on a year-over-year basis in March, a decrease from the 5.2 per cent rate in February.

The Bank of Canada maintained its overnight rate at 4.5 per cent this morning. In the statement accompanying the decision the Bank noted that demand in Canada still exceeds supply and labour markets remain tight.