Real Estate News

Adrian Crook hadn’t always intended on raising his five kids in a three-bedroom condo in downtown Vancouver.

As housing starts continue to soar across Metro Vancouver, a shortage of strata property agents continues to worsen. Scott Ponuick, president and senior strata agent for Surrey-based Peninsula Strata Management Ltd.

Monumental changes are afoot at the south end of Richmond Centre. Wayne Barwise, executive vice-president of development for Cadillac Fairview Corporation Ltd.

B.C. Green Party Leader, Andrew Weaver, has called for a ban on foreign buyers investing in the province's real estate market.

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.

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.

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 homeowners have their 2018 assessment notices and the tables have turned on detached home owners and their condo and townhouse counterparts.

Detached home values reveal healthy gains but condominium markets across the region soar due to deteriorated purchasing power

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.