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Real Estate News

B.C. home sales, average prices drop in November: BCREA

B.C. home sales, average prices drop in November: BCREA

Buyers “continue to struggle” with mortgage stress test, but one B.C. region bucks provincial trends
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Canada’s priciest condo relisted – at $8M off original price (PHOTOS)

Canada’s priciest condo relisted – at $8M off original price (PHOTOS)

Two-storey penthouse atop Fairmont Pacific Rim in Vancouver’s Coal Harbour hasn’t sold since January, and is reduced to $29.9 million
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No increase in 2019 for new fixed-rate mortgages: BCREA forecast

No increase in 2019 for new fixed-rate mortgages: BCREA forecast

With a recent decline in bond yields, lenders have pushed interest rates as high as they will go for a year, predicts association
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Rental vacancy rates decrease in Powell River

Rental vacancy rates decrease in Powell River

Availability of apartment rentals drops to 1.4 per cent
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B.C.’s Rental Housing Task Force wants to stop renovictions but rejects vacancy control

B.C.’s Rental Housing Task Force wants to stop renovictions but rejects vacancy control

The B.C. government’s Rental Housing Task Force is recommending changes to the Rental Tenancy Act to stop renovictions, but it’s rejected the idea of vacancy control — an idea renters favoured and landlords opposed.
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Canadian confidence in housing market running low: poll

Even though owning a home is still widely seen as an important life milestone, most people – even homeowners – don’t feel confident in today's real estate market
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No major home price drops for Metro Vancouver and B.C. next year: forecasts

No major home price drops for Metro Vancouver and B.C. next year: forecasts

Two separate brokerage surveys predict home values will stay virtually flat or decrease only slightly
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More than half of all short-term rentals in Vancouver now licensed

More than half of all short-term rentals in Vancouver now licensed

As of Nov. 30 there were more than 4,500 active short-term rental listings in the city
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Canada’s high home prices likely to just stay high: economist

Canada’s high home prices likely to just stay high: economist

Rather than see a crash, “most terrifying threat of all” is that home prices will remain permanently unaffordable to many, says CPA chief economist
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Oceanside home fit for James Bond listed at $18.88M, comes with jet skis (PHOTOS)

Oceanside home fit for James Bond listed at $18.88M, comes with jet skis (PHOTOS)

Ultra-luxe West Vancouver home also has waterfront infinity pool and three fire pits, and is the week’s priciest new listing
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