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Real Estate News

City of Powell River staff propose limitations to short-term rentals

City of Powell River staff propose limitations to short-term rentals

Draft bylaws restrict Airbnb-like rental to principal residences
Cube House sale at 43% below original price is prime example of high-end slump

Cube House sale at 43% below original price is prime example of high-end slump

Entire Lower Mainland’s high-end real estate market has shifted from significantly above-ask bids to markedly below-list sale prices
Metro Vancouver now Canada’s second-least competitive real estate market (INFOGRAPHIC)

Metro Vancouver now Canada’s second-least competitive real estate market (INFOGRAPHIC)

Tides have turned for Greater Vancouver and Fraser Valley, finds study
Stop work order issued at George demolition site

Stop work order issued at George demolition site

Gibsons
COLUMN: Housing market downturn harms budget prospects for B.C. NDP

COLUMN: Housing market downturn harms budget prospects for B.C. NDP

Green Party leader set to be proven right that you can't take measures to cut real estate prices and still bring in more taxation revenues
Home sales in B.C. to drop 21% this year: forecast

Home sales in B.C. to drop 21% this year: forecast

One-fifth of transactions wiped off the board; separate study finds nearly one-fifth of buyers pushed out of market by stress test
Foreign buyers all but disappeared from Metro Vancouver real estate market: data

Foreign buyers all but disappeared from Metro Vancouver real estate market: data

Overseas nationals now make up just one per cent of Lower Mainland home buyers, finds finance ministry
Canada is third most overvalued country for real estate: Economist

Canada is third most overvalued country for real estate: Economist

Global index says Metro Vancouver's home prices are 65 per cent higher than they should be
Opinion: Should B.C. follow New Zealand’s foreign buyer ban?

Opinion: Should B.C. follow New Zealand’s foreign buyer ban?

New Zealand government has imposed a ban on non-resident buyers for resale homes – but will it help curb runaway prices?
Squamish waterfront development moving forward

Squamish waterfront development moving forward

Reconfigured development partnership hopes to begin construction of waterfront park by late summer 2019