Skip to content

Real Estate News

Bank of Canada raises interest rates again

Bank of Canada raises interest rates again

The Bank of Canada raised its overnight interest rate by a quarter-point to 1.25 per cent January 17, on the back of the strengthening Canadian economy. This is the third time it has increased interest rates from the record lows seen until last July.
Average Greater Vancouver home sale price grew more than 10% year-over-year in December: BCREA

Average Greater Vancouver home sale price grew more than 10% year-over-year in December: BCREA

The average home sale price reached $1,049,424 in Greater Vancouver in December, according to new data from the British Columbia Real Estate Association. This is an increase of 10.7% compared with the average of $948,246 in December 2016.
Richmond mega mansion propels farm prices

Richmond mega mansion propels farm prices

A newly-built, farmland mega mansion, owned by a shell company, has driven a 26.6-acre lot it sits on from an assessed value of $88,000 to $8.
Richmond condo assessments soar

Richmond condo assessments soar

Richmond homeowners have their 2018 assessment notices and the tables have turned on detached home owners and their condo and townhouse counterparts.
Greater Vancouver home values high due to low inventory levels: Royal LePage

Greater Vancouver home values high due to low inventory levels: Royal LePage

Detached home values reveal healthy gains but condominium markets across the region soar due to deteriorated purchasing power
Mega mansion propels farm lot from $88,000 to $8.3 million

Mega mansion propels farm lot from $88,000 to $8.3 million

A newly-built, farmland mega mansion, owned by a shell company, has driven the 26.6-acre lot it sits on from an assessed value of $88,000 to $8.
Foreign buyers ‘dominate’ high-end house sales in Vancouver

Foreign buyers ‘dominate’ high-end house sales in Vancouver

With listing prices of up to $35 million, the Shaughnessy neighbourhood of Vancouver has the most expensive houses in Canada, according to a national survey by New York City-based Engel & Völkers, a real estate agency that has offices in major Canadi
Home sales fall but prices up in Metro Vancouver in 2017

Home sales fall but prices up in Metro Vancouver in 2017

The Real Estate Board of Greater Vancouver says that home sales returned to more “historically normal” levels in 2017. Sales of detached, attached and apartment properties reached 35,993 in 2017, a 9.
New Richmond condos snapped up by foreigners

New Richmond condos snapped up by foreigners

Census data show non-residents account for 7.6 per cent of all residential ownership in Richmond
Richmond developer donates assignment fees to affordable housing

Richmond developer donates assignment fees to affordable housing

However, Townline Homes boss Rick Illich sticks by his position that no one has the right to live where they grew up
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks