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Real Estate News

Upcoming B.C. Assessment values to ‘reflect moderating market’

Upcoming B.C. Assessment values to ‘reflect moderating market’

Residential sector — especially in Lower Mainland — to see lower valuations, but commercial and industrial real estate values hold firm

Gig-economy trend leaves workers struggling to qualify for mortgages

Those making a living from contract or part-time work get cold shoulder from big lenders — but there are solutions, say mortgage experts
November home sales soar 55.3% in Metro Vancouver, prices rebound

November home sales soar 55.3% in Metro Vancouver, prices rebound

Jump in activity takes Metro market back to “historically typical levels” while Fraser Valley also sees “unexpected demand”
Home sales across B.C. to rise 10.9% in 2020: forecast

Home sales across B.C. to rise 10.9% in 2020: forecast

Biggest recovery in sales activity will be seen in the hardest-hit areas of Greater Vancouver and Fraser Valley, with more modest rises in Victoria, predicts real estate association
Metro Vancouver home sales jump 45.4% to well above 10-year average

Metro Vancouver home sales jump 45.4% to well above 10-year average

October’s rush of buyer activity and drop in new listings means the region’s market is creeping back towards favouring sellers
Opinion: Housing policies to expect from Liberal minority government

Opinion: Housing policies to expect from Liberal minority government

With the minority Liberal government most likely to turn to the NDP for support, where does that leave federal housing and real estate promises?
Council OK’s form, character for first phase of Gospel Rock

Council OK’s form, character for first phase of Gospel Rock

After asking Greenlane Homes to reconsider some of the design elements for the first phase of its Gospel Rock project, known as Touchstone, councillors in Gibsons have signed off on the form and character development permits for the project.
Newcomers to Canada buy one in every five homes: study

Newcomers to Canada buy one in every five homes: study

Immigrants, workers and refugees are investing in their new Canadian lives and having a significant effect on real estate demand, finds Royal LePage
84% of Canadians feel housing affordability negatively affects their lives

84% of Canadians feel housing affordability negatively affects their lives

Housing is a major source of stress, yet most people also feel homeownership is an important part of life
Home sales uptick seen across B.C. in September: BCREA

Home sales uptick seen across B.C. in September: BCREA

Residential resale activity “built on momentum from the summer” with transactions up 24 per cent year over year and average prices on the rise