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Real Estate News

Still for sale: Historic ‘Kew House’ relisted again at $13.75M (PHOTOS)

Still for sale: Historic ‘Kew House’ relisted again at $13.75M (PHOTOS)

Storied oceanview home listed for $15 million in February 2018, reduced to $13.75 million in July, and just re-listed at same price
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Regulatory overkill cited as housing outlook goes negative

Regulatory overkill cited as housing outlook goes negative

“Combined effect of tighter mortgage guidelines and higher interest rates has been larger than previously estimated,” says Bank of Canada
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Metro Vancouver housing affordability still deteriorating: National Bank

Metro Vancouver housing affordability still deteriorating: National Bank

Despite market slowdown and even in detached sector, ownership cost vs income is getting worse, finds nationwide study
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Feds’ mortgage policies ‘deny homeownership’ to young Canadians: report

Measures such as mortgage stress test are “at cross purposes” with federal promises to support the middle class, asserts Mortgage Professionals of Canada
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Change in plans for Britannia Beach development

Change in plans for Britannia Beach development

More greenspace may result after Macdonald Development fails to acquire Crown land
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Jagmeet Singh promises 500,000 affordable homes over 10 years

Jagmeet Singh promises 500,000 affordable homes over 10 years

Burnaby South byelection candidate says housing is the top issue
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Vancouver now ranked ‘second-least affordable’ global housing market

Vancouver now ranked ‘second-least affordable’ global housing market

Sydney moves down to third place in Demographia rankings as Australian home prices drop; Hong Kong remains least affordable
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Gibsons still tweaking short-term rental rules

Gibsons still tweaking short-term rental rules

Councillors in Gibsons have given the OK for planning staff to go beyond what was suggested by the previous council as they draft new bylaws to regulate short-term rentals.
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Metro Vancouver residential price decline will bottom in 2019, then reverse: forecasters

Metro Vancouver residential price decline will bottom in 2019, then reverse: forecasters

Panel of developers predict housing trends for coming year with cautious optimism; one says single-family price correction was “necessary”
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All property owners in Speculation and Vacancy Tax regions must complete declaration

All property owners in Speculation and Vacancy Tax regions must complete declaration

Every homeowner in affected areas will get declaration letters between January 18 and February 28, and must apply for exemption or pay up
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