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Real Estate News

New-home presales plummet in Lower Mainland

New-home presales plummet in Lower Mainland

Richmond seeing absorption rates even lower than regional total
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Cohousing development approved as a 'creative solution'

Cohousing development approved as a 'creative solution'

Driftwood Village in North Vancouver praised by City councillors, as project is approved by one-vote margin
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Seniors want to stay in their homes through retirement: poll

Seniors want to stay in their homes through retirement: poll

Lack of desire to downsize could be a problem for younger and move-up homebuyers
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Rent-to-own scheme in condo project wins over PoMo councillors

Rent-to-own scheme in condo project wins over PoMo councillors

Changes made by The Panatch Group to its 358-unit condo proposal, including 30 below-market rent-to-own units, have answered affordable housing concerns
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Most B.C. real estate markets now ‘back in balanced conditions’

Most B.C. real estate markets now ‘back in balanced conditions’

Annual drop in home sales and corresponding rise in listings are pulling on average resale prices
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Most B.C. real estate markets now ‘back in balanced conditions’

Most B.C. real estate markets now ‘back in balanced conditions’

Annual drop in home sales and corresponding rise in listings are pulling on average prices
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Most B.C. real estate markets now ‘back in balanced conditions’

Most B.C. real estate markets now ‘back in balanced conditions’

Victoria and Vancouver Island are the biggest exceptions to that rule, however
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High-density condo project pitched for busy Delta corridor

High-density condo project pitched for busy Delta corridor

Rezoning application has been submitted for a property located next to the vacant North Delta Inn site
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Richmond's RAPS tells Rental Housing Task Force to end ‘no pets’ policies in B.C.

Richmond's RAPS tells Rental Housing Task Force to end ‘no pets’ policies in B.C.

The Regional Animal Protection Society (RAPS) and Pets OK BC are calling on the province to end “no pets” policies that pose challenges for renters in a market with a vacancy rate that is less than one per cent.
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What does the national average home price buy across Canada? (INFOGRAPHIC)

What does the national average home price buy across Canada? (INFOGRAPHIC)

Nationally, a budget of around $500K will buy you 3.3 bedrooms on average – but in Richmond it’s a different story
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