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Real Estate News

B.C. home sales cut in half as high borrowing costs depress sales activity

B.C. home sales cut in half as high borrowing costs depress sales activity

Home sales in Greater Vancouver are close to the lowest they can get, says BCREA economist
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B.C. residential real estate investors unfairly ‘painted as speculators’: BCREA

B.C. residential real estate investors unfairly ‘painted as speculators’: BCREA

Most B.C. homeowners-investors also landlords, according to B.C. Real Estate Association economist
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Prince George ranked the most affordable city in B.C.

Prince George ranked the most affordable city in B.C.

A list of 26 B.C. cities shows the most affordable places to live in the province.
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Here's how much it costs to rent a one-bedroom apartment in Metro Vancouver this February

Here's how much it costs to rent a one-bedroom apartment in Metro Vancouver this February

Canada's top five most expensive cities for renters are located in Metro Vancouver this month. 
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B.C.’s housing market nears ‘cyclical bottom:’ RBC

B.C.’s housing market nears ‘cyclical bottom:’ RBC

Home resale activity is showing signs of stabilizing after dropping to low levels
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Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Mortgage and title fraudsters who impersonate homeowners and tenants have targeted at least 32 properties in Ontario and British Columbia, investigators and official warnings suggest.
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More B.C. seniors are using reverse mortgages to unlock equity

More B.C. seniors are using reverse mortgages to unlock equity

As inflation causes increases in monthly expenses, reverse mortgages are going up.
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B.C. residents warned about 'home title fraud' — where scammers sell your house without your knowledge

B.C. residents warned about 'home title fraud' — where scammers sell your house without your knowledge

It happened to two Toronto-based homeowners who left Canada for work-related reasons.
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For sale: 420 acres of scorched Lytton property

For sale: 420 acres of scorched Lytton property

The land is undeveloped but was largely affected by the 2021 wildfire
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Banks vs. mortgage brokers: which is better for homebuyers?

Banks vs. mortgage brokers: which is better for homebuyers?

Mortgage brokers have the potential to offer a wider variety of rates, while banks have the advantage of an existing relationship that brings comfort to the homebuying process, says real estate advisor.
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