Real estate

Policies recommended include investments in public housing, mandatory inclusionary zoning and tying rent increases to units rather than individual tenancies. THE CANADIAN PRESS/Darryl Dyck

British Columbians support progressive housing policies to combat affordability crisis: poll

The soaring cost of housing is the single biggest component of the affordability crisis in B.C.

 

5462 Stonebridge Dr, Whistler is listed at $39 million. (Photo: MLS listing Maggi Thornhill/Engel & Volkers Whistler).

Whistler $39M home tops list of most expensive houses for sale in Canada

Houses in Vancouver and Surrey on list of top 10 pricey homes on the market in big cities

 

A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

June home sales down 24% from last year, 6% since May: CREA

Drops attributed to pressures tied to Bank of Canada’s continued hikes to its key interest rate.

 

A render of a planned building by developer Stober Group, that focuses on adding a deep sense of community for its residents (Photo from Stober Group)

B.C. is the loneliest province; developers are looking at ‘micro-communities’ to change that

B.C. ranks dead-last for life satisfaction

A render of a planned building by developer Stober Group, that focuses on adding a deep sense of community for its residents (Photo from Stober Group)
Median price change of all property types by municipality (HouseSigma)

Metro Vancouver median home prices down 13.5% since February, report finds

Home prices in Metro Vancouver continue to fall as interest rates rise

Median price change of all property types by municipality (HouseSigma)
Commissioner Austin Cullen listens to a question while meeting with reporters after releasing his report from his Inquiry into Money Laundering in British Columbia in Vancouver, B.C., Wednesday, June 15, 2022. THE CANADIAN PRESS/Rich Lam

B.C. money laundering report calls for new law enforcement unit, provincial office

Commissioner estimates billions laundered in B.C. every year

Commissioner Austin Cullen listens to a question while meeting with reporters after releasing his report from his Inquiry into Money Laundering in British Columbia in Vancouver, B.C., Wednesday, June 15, 2022. THE CANADIAN PRESS/Rich Lam
This waterfront Oak Bay estate sold for $13,195,000. (Courtesy Sotheby’s International Realty Canada)

$13M Oak Bay waterfront estate sets new listing service record

Priciest sale in Greater Victoria hit $22M in 2021

This waterfront Oak Bay estate sold for $13,195,000. (Courtesy Sotheby’s International Realty Canada)
BM Group chairman Balraj Mann and Delta Mayor George Harvie take in a model of Walker House, a 29-storey mixed-use development being built at Scott Road and 93A Avenue in North Delta, during the grand opening of the project’s sales centre on Friday, June 3, 2022. (James Smith photo)

Delta residents to get first glimpse of new Scott Road highrise

29-storey Walker House to see 264 market units, 50 rental units and 30-child daycare space

BM Group chairman Balraj Mann and Delta Mayor George Harvie take in a model of Walker House, a 29-storey mixed-use development being built at Scott Road and 93A Avenue in North Delta, during the grand opening of the project’s sales centre on Friday, June 3, 2022. (James Smith photo)
A real estate sign is pictured in Vancouver on June, 12, 2018. The regulator for British Columbia’s real estate sector has recommended that the province adopt a so-called “cooling-off” period of three business days to protect people buying a home, through legislation tabled this spring. THE CANADIAN PRESS Jonathan Hayward

B.C. financial regulator advises three-day ‘cooling-off’ period for homebuyers

B.C. Financial Services Authority: with exceptions, buyers should not be allowed to waive period

A real estate sign is pictured in Vancouver on June, 12, 2018. The regulator for British Columbia’s real estate sector has recommended that the province adopt a so-called “cooling-off” period of three business days to protect people buying a home, through legislation tabled this spring. THE CANADIAN PRESS Jonathan Hayward
White Rock and South Surrey real estate prices – and prices across the Lower Mainland and in other highly populated Canadian regions – have continued to rise, leaving next to nothing available for under $200,000, according to a new study. (File photo)

‘Affordable’ housing limited on Semiahmoo Peninsula, most other Canadian regions: report

New study shows that only 1 per cent of real-estate listings less than $200K in most major cities

White Rock and South Surrey real estate prices – and prices across the Lower Mainland and in other highly populated Canadian regions – have continued to rise, leaving next to nothing available for under $200,000, according to a new study. (File photo)
A Saanich home listing is attracting a lot of attention on social media after being featured in a TikTok video. (Courtesy Realtor.ca)

B.C. home featured in ‘creepy’ real estate listings with TikTok video goes viral

Listed for almost $800,000, a sale is pending on the Gordon Head home

A Saanich home listing is attracting a lot of attention on social media after being featured in a TikTok video. (Courtesy Realtor.ca)
A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. A wave of buyer’s remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months. THE CANADIAN PRESS/Graeme Roy

Worry, buyer’s remorse high as real estate market slowdown materializes

Country experienced a 25.7 per cent drop in the number of homes sold over the last year

A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. A wave of buyer’s remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months. THE CANADIAN PRESS/Graeme Roy
Latimer Heights development could get a 45-storey tower at the corner of 82nd Avenue and 200th Street. (Matthew Claxton/Langley Advance Times)

Petition takes aim at planned Langley high rise

A planned 45-storey tower is the target of some opposition

Latimer Heights development could get a 45-storey tower at the corner of 82nd Avenue and 200th Street. (Matthew Claxton/Langley Advance Times)
Houses for sale in a new subdivision in Airdrie, Alta., Friday, Jan. 28, 2022. The Canadian Real Estate Association says the pace of home sales fell in April as mortgage rates moved higher. THE CANADIAN PRESS/Jeff McIntosh

CREA reports home sales down in April as mortgage rates rise

Number of homes sold dropped by 25.7 per cent to 54,894 last month from 73,907 in April 2021

Houses for sale in a new subdivision in Airdrie, Alta., Friday, Jan. 28, 2022. The Canadian Real Estate Association says the pace of home sales fell in April as mortgage rates moved higher. THE CANADIAN PRESS/Jeff McIntosh
A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck

Higher interest rates push homes sales in B.C. back toward normal: association

British Columbia Real Estate Association estimates a balanced market is at least a year away

A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck
A for sale sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, Sept. 29, 2021. Brokers say prospective buyers who have grown tired of going up against dozens of competitors to snag a home are starting to get some relief from the frenzy seen earlier this year in many markets. THE CANADIAN PRESS/Evan Buhler

Fewer home bids easing competition for some, but prices still high: brokers

Toronto, Vancouver and Montreal brokers say plenty of properties are seeing fewer offers

A for sale sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, Sept. 29, 2021. Brokers say prospective buyers who have grown tired of going up against dozens of competitors to snag a home are starting to get some relief from the frenzy seen earlier this year in many markets. THE CANADIAN PRESS/Evan Buhler
Homes are pictured in Vancouver, Tuesday, Apr 16, 2019. THE CANADIAN PRESS/Jonathan Hayward

Real Estate Board of Greater Vancouver says April home sales down

April sales were 1.5 per cent above the 10-year sales average for the month

Homes are pictured in Vancouver, Tuesday, Apr 16, 2019. THE CANADIAN PRESS/Jonathan Hayward
A “For lease” sign outside 104 Avenue Centre in Surrey, on the Whalley/Guildford border, in January. (File photo: Tom Zillich)

Surrey’s long-vacant 104 Avenue building is ‘fully leased,’ and a new owner has the keys

By fall, tenants could include a grocery store, doctors’ offices, daycare, colleges and more, according to Kuldeep Bansal

A “For lease” sign outside 104 Avenue Centre in Surrey, on the Whalley/Guildford border, in January. (File photo: Tom Zillich)
Metro Vancouver real estate agents say the frenzy on house sales is slowing, but it doesn’t necessarily mean the price tag will drop. (Black Press Media file photo)

Metro Vancouver experts weigh in as RBC predicts cooling of B.C. housing market

Buyer frenzy beginning to slow, but sales still steady, real estate agents say

Metro Vancouver real estate agents say the frenzy on house sales is slowing, but it doesn’t necessarily mean the price tag will drop. (Black Press Media file photo)
Steam rises from buildings in Calgary, Alta., Wednesday, Feb. 8, 2017. THE CANADIAN PRESS/Jeff McIntosh

Priced out of Ontario, homebuyers turn their eyes to the Calgary real estate market

Alberta realtors buzzing about what they say is an unusually high number of inquiries from Ontario

Steam rises from buildings in Calgary, Alta., Wednesday, Feb. 8, 2017. THE CANADIAN PRESS/Jeff McIntosh