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Real Estate News

Metro Vancouver is North America’s ‘worst performer’ in luxury real estate

Prime real estate rankings place Metro region in 31st out of 43 global cities
86% of British Columbians want to curb foreign and speculative investment

86% of British Columbians want to curb foreign and speculative investment

Six in 10 survey respondents think it’s time to consider a foreign buyer ban on B.C. real estate
More than 20% of Metro Vancouver renters spending more than 50% of income on housing

More than 20% of Metro Vancouver renters spending more than 50% of income on housing

Twenty two per cent of all renters across Metro Vancouver and 21.3 per cent in B.C.
Millennials driving Canada’s hot real estate market

Millennials driving Canada’s hot real estate market

Despite high prices, six in 10 Canadian millennials already own a home
Realtor to donate massive commission from $13.8m listing to World Housing

Realtor to donate massive commission from $13.8m listing to World Housing

A top-producing Vancouver real estate agent, known for her luxury listings and land-assembly deals , has pledged to donate her entire commission from her $13.8 million West Side listing to global housing charity World Housing.
Coolest April for Metro Vancouver home sales in 17 years

Coolest April for Metro Vancouver home sales in 17 years

Metro Vancouver home sales saw the coolest April for 17 years, with the Real Estate Board of Greater Vancouver (REBGV) admitting that “market conditions are changing.
Metro Vancouver home sales fall to 17-year low in April

Metro Vancouver home sales fall to 17-year low in April

A total of 2,579 homes were sold across the Metro Vancouver region in April, according to new data from the Real Estate Board of Greater Vancouver (REBGV), which is a drop of 27.4 per cent compared with the 3,553 sales in the same month last year.
Buyers, be warned: fixed mortgage rates going up at Big Banks

Buyers, be warned: fixed mortgage rates going up at Big Banks

CIBC announced Tuesday (May 1) that it would be following TD Bank and RBC’s recent moves in raising its fixed mortgage rates, with a 15 basis-point increase taking its five-year fixed rate to 5.14 per cent.
Opinion: What will Amazon’s 3,000 new jobs do to our housing crisis?

Opinion: What will Amazon’s 3,000 new jobs do to our housing crisis?

Yesterday’s revelation that Amazon will be bringing 3,000 new jobs to Vancouver and setting up home in the redeveloped Canada Post building in downtown Vancouver was heralded by Prime Minister Justin Trudeau as great news for the region, and a boon t
Richmond's pre-sale condo flipping to be tracked by province

Richmond's pre-sale condo flipping to be tracked by province

Minister of Finance Carole James says her government is cracking down on tax evasion within the opaque world of pre-sale condo assignments.
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