Those hoping for Metro Vancouver housing prices to soften may have to wait a little longer. Predictions for the local real estate market going into 2024 include a two per cent increase in average residential prices and a decrease in sales by three per cent, according to a Nov. 28 report from Re/Max Canada. “It’s […]
Breadcrumb Trail Links Real Estate Local News Business Real estate experts say it could be a sign of more disputes to come Get the latest from Dan Fumano straight to your inbox Sign Up The Kengo Kuma Tower at 1568 Alberni St. in Vancouver. Photo by Arlen Redekop /PNG Article content A B.C. man seeking […]
Breadcrumb Trail Links Real Estate Local News Business Real estate experts say it could be a sign of more disputes to come Get the latest from Dan Fumano straight to your inbox Sign Up The Kengo Kuma Tower at 1568 Alberni St. in Vancouver. Photo by Arlen Redekop /PNG Article content A B.C. man seeking […]
Sale of Uplands Mansion Sets New Price Record on Vancouver Island FREE Breaking News Alerts from StreetInsider.com! StreetInsider.com Top Tickers, 11/26/2023 November 25, 2023 1:40 PM EST Callaghan O’Connor & Oak Bay Group complete sale of Uplands mansion that sets new price record on Vancouver Island VICTORIA, BC / ACCESSWIRE / November 25, 2023 / […]
Photo: City of Vernon B.C.’s speculation tax is expanding to 13 new communities. Vernon, Coldstream, Penticton, Summerland, Lake Country, Peachland, Kamloops, Salmon Arm, Courtney, Comox, Cumberland, Parksville, and Qualicum Beach will all be added to the tax on second and vacation homes. Introduced in 2018, it already applies to Kelowna, West Kelowna, Metro Vancouver, the […]
Breadcrumb Trail Links Staff Blogs Real Estate Politics Opinion News National Local News Columnists Business Opinion: What happens to equality when young adults who don’t have homeowner parents are far less likely to be able to buy a dwelling? Get the latest from Douglas Todd straight to your inbox Sign Up Canadian developers and realtors […]
Would you purchase real estate with a stranger? While many prospective buyers would likely balk at the concept, an online listing offering “undivided half-interest” in a 2,992-square-foot home in B.C.’s Lower Mainland for $750,000 might give some a moment’s pause. The property on Richmond’s Lockhart Road has five bedrooms, five bathrooms, two fireplaces and a […]
Breadcrumb Trail Links Real Estate News Local News Local Business Business The Canadian government is reportedly joining B.C. and City of Vancouver with new measures to reduce the number of short-term rentals Figures are seen in front of the Airbnb logo in this illustration taken February 27, 2022. Photo by DADO RUVIC /REUTERS Article content […]
Breadcrumb Trail Links Real Estate News Local News Local Business Business The Canadian government is reportedly joining B.C. and City of Vancouver with new measures to reduce the number of short-term rentals Figures are seen in front of the Airbnb logo in this illustration taken February 27, 2022. Photo by DADO RUVIC /REUTERS Article content […]
In Vancouver’s sea of steely, boxy skyscrapers, the Alberni leans into the greatness of the outdoors (Photography by Ema Peter/Westbank) Vancouver’s soaring skyline tells the story of Canada’s race to blanket the real estate market with residential units—no fewer than five new high-rises are expected to pop up in Metro Vancouver by 2027. Last June, […]
RealTours is the breakthrough new series from REW.ca that brings you Canadian real estate like you’ve never seen it before. Join us as we embark on an adventure through the Lower Mainland’s most sought-after neighbourhoods, guided by British Columbia’s best realtors. Watch the episode. Intro With some of the most expensive property in Canada, West […]
The number of Canadian households with seniors living in them is on the rise, and this may have an unexpected impact on the housing market. According to a new report from the Canada Mortgage and Housing Corporation (CMHC), the rise in senior-occupied households could increase the supply of properties for sale on the market. This […]
British Columbia real estate sales and prices bumped up slightly in October compared with a year ago in what is being described as a balanced market. Figures from the B.C. Real Estate Association show 5,373 residential units sold last month, a 1.8-per-cent increase from the same month last year, while prices rose by 4.1 per […]
A new report says the average asking price for a rental unit in Canada reached $2,178 last month, a 9.9 per cent year-over-year increase and continuing a trend that has seen asking rents hit new highs for six months in a row. The data released by Rentals.ca and Urbanation, which analyzes monthly listings from the […]
Breadcrumb Trail Links World Staff Blogs Real Estate Politics Opinion News National Local News Columnists Business Opinion: Foreign capital pours into the housing markets of ‘gateway’ cities like Vancouver. Local wage earners are left behind, explains a penetrating new book. Get the latest from Douglas Todd straight to your inbox Sign Up Rich Coleman, the […]
The Real Estate Board of Greater Vancouver says the region continues to see an increase in newly listed properties, but sales still lag behind long-term trends. The board says October home sales totalled 1,996, a 3.7 per cent increase from the 1,924 sales recorded the same month last year. But the total was 29.5 […]
The Real Estate Board of Greater Vancouver (REBGV) says although month-over-month home price increases cooled in September, more homeowners are listing properties and the composite benchmark price for the area is just over $1.2 million, a 4.4 per cent increase compared to September 2022. “In contrast to the spring and summer, the September data suggests […]
The Bank of Canada’s nineth and tenth rate hikes took the wind out of many real estate markets’ sails. The number of transactions fell in Vancouver, the Fraser Valley, Hamilton, Toronto and Ottawa between June and July, based on early market results from local real estate boards—halting what had been surprisingly strong rallies this spring. […]