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Real Estate News

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.
Home prices are not really dropping: Desjardins

Home prices are not really dropping: Desjardins

Average (but not benchmark) home prices have seen a recent decline in Metro Vancouver, the Greater Toronto Area and various other regions across Canada – a fact that is cheered by many hoping for better affordability.
First-timers plagued by fears over home-buying process

First-timers plagued by fears over home-buying process

More than seven in 10 Canadian first-time home buyers (71 per cent) are afraid that they’ll be hit by unanticipated costs during the process, according to a new survey by TD Bank.
Lonely? Maybe cohousing is one of the cures

Lonely? Maybe cohousing is one of the cures

Cohousing conference takes place this weekend in Vancouver
Micro co-op design wins ‘missing middle’ housing competition

Micro co-op design wins ‘missing middle’ housing competition

Vancouver- and Richmond-based architectural firm Haeccity Studio has won an open design competition seeking innovations to improve the supply of “missing middle” housing in Metro Vancouver.
Richmond's million dollar acres far outpace Delta's farmland

Richmond's million dollar acres far outpace Delta's farmland

Delta councillor, MLA Ian Paton says speculators snub Delta due to house size restrictions