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Real Estate News

Thousands of B.C. home sales lost to stress test, agents say

Thousands of B.C. home sales lost to stress test, agents say

Home sales in B.C. last year would have been about 10 per cent, or 7,500 units, higher if the B20 mortgage stress test hadn’t been introduced, according to a new economic study by the B.C. Real Estate Association.
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Powell River real estate market still active during month of June

Powell River real estate market still active during month of June

30 MLS sales were valued at just more than $10 million
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Global firm lands $190M-a-year contract to manage B.C. government’s real estate

Global firm lands $190M-a-year contract to manage B.C. government’s real estate

CBRE, a worldwide commercial real estate firm, will provide maintenance, janitorial and construction services at courthouses, correctional facilities and government buildings throughout province
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Opinion: How big property owners are manipulating B.C. Assessment’s appeals process

Opinion: How big property owners are manipulating B.C. Assessment’s appeals process

Current system creates the illusion of a job well done, but it happens in the shadows, removed from local governments and hidden from taxpayers, says former assessor
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Canada’s priciest penthouse finished, staged, relisted at $35.8M, from $18M (PHOTOS)

Canada’s priciest penthouse finished, staged, relisted at $35.8M, from $18M (PHOTOS)

Top floor of Hotel Georgia’s residences in downtown Vancouver has ambitious new price tag that makes it the most expensive home currently on Canada’s MLS
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Benchmark home price in Metro Vancouver slips under $1M: REBGV

Benchmark home price in Metro Vancouver slips under $1M: REBGV

Metro Vancouver home sales see slowest June in 19 years, and buyers have biggest inventory to choose from in five years, reports board
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The sub-3% five-year fixed mortgage is back – for now: BCREA forecast

The sub-3% five-year fixed mortgage is back – for now: BCREA forecast

Lower bond yields have brought the typical five-year fixed down to 2.99 per cent – but not for long
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Millennials may rescue slow recreational real estate sales

Millennials may rescue slow recreational real estate sales

Younger consumers usurping baby boomers in B.C.’s slumping vacation property market
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B.C. residents find moving home more stressful than starting a family: poll

B.C. residents find moving home more stressful than starting a family: poll

With the busiest moving day of the year coming up, how stressed do home movers get?
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Market downturn barely easing ‘dreadful’ real estate affordability in B.C.: RBC

Market downturn barely easing ‘dreadful’ real estate affordability in B.C.: RBC

Metro Vancouver and Greater Victoria remain among three least-affordable cities to buy an average home, alongside Toronto
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