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Real Estate News

B.C. home sales to fall a further 11.4 per cent in 2023: BCREA

B.C. home sales to fall a further 11.4 per cent in 2023: BCREA

Real estate association forecast says record-setting market is “unwinding”
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What British Columbians can expect after the interest rate hike

What British Columbians can expect after the interest rate hike

Data shows 47 per cent of Canadians are expecting to delay a real estate transaction or major purchase in the next 12 months.
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High-end Okanagan shrugs off the real estate blues

High-end Okanagan shrugs off the real estate blues

Multimillion-dollar property and land sales continue across the Central and North Okanagan this autumn, despite economic angst
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Construction costs continue to rise as labour pool shrinks in B.C.

Construction costs continue to rise as labour pool shrinks in B.C.

New BCCA report shows the pressures faced by B.C. contractors in face of inflation and shortages
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Two more B.C. real estate firms fined for anti-money laundering violations

Two more B.C. real estate firms fined for anti-money laundering violations

Parent firm LeHomes Realty has been fined over half a million dollars for two breaches; Cathay Pacific Realty Ltd. was fined $206,250.
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Housing supply limiting B.C.’s population growth

Housing supply limiting B.C.’s population growth

Duelling reports question housing demand, but demand more housing
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Housing remains low and slow throughout September in B.C., across Canada

Housing remains low and slow throughout September in B.C., across Canada

Mortgage qualifying a "significant hurdle" for many potential buyers, says the British Columbia Real Estate Association.
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B.C. oceanfront home listed for $189,000

B.C. oceanfront home listed for $189,000

The property is 28 kilometres from Prince Rupert
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Pressure building on construction industry bottom lines

Pressure building on construction industry bottom lines

Inflation costs, supply chain logjams, labour shortages delaying needed development
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LeHomes Realty fined $282K for anti-money laundering violations

LeHomes Realty fined $282K for anti-money laundering violations

Among other violations, the real estate brokerage failed to develop and maintain a written and ongoing training program for its staff on anti-money laundering.
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