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Real Estate News

Home sales and prices dropped in Richmond, but one property still sold for almost half a million over asking

Home sales and prices dropped in Richmond, but one property still sold for almost half a million over asking

Although average home prices have declined in Richmond, there are still some exceptions.
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Home sales in B.C.'s Fraser Valley fall 43% in one year

Home sales in B.C.'s Fraser Valley fall 43% in one year

Sales will continue to decline over the near term, according to the CEO of the Fraser Valley Real Estate Board.
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57% of Canadians say climate change affects where they plan to buy a home

57% of Canadians say climate change affects where they plan to buy a home

Amid growing concern over the cost climate change will impose on Canadian housing, a RE/MAX Canada-backed study says more than $5 billion a year is needed to protect homes from floods, extreme weather and wildfire.
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Buyer's market emerging as Metro house prices decline

Buyer's market emerging as Metro house prices decline

Detached houses in Metro Vancouver are leading a drop in home prices and an increase in supply as a balanced market shifts to a buyer's advantage
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Strata-lot market expands as RV sales explode across Canada

Strata-lot market expands as RV sales explode across Canada

A huge increase in recreational vehicle owners has expanded a niche selling rather than renting RV camping spots
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Canada's fastest-growing region flexes real estate muscle

Canada's fastest-growing region flexes real estate muscle

The best evidence of the strength of the Thompson-Okanagan is the large land developments launching this year
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Nexii to build fire-proof homes in Lytton

Nexii to build fire-proof homes in Lytton

One home will be built for a member of the Lytton First Nation, and the other for a Lytton Village councillor.
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B.C. sees record-low mortgages in arrears

B.C. sees record-low mortgages in arrears

Strong economy supports on-time debt repayment
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Interest rates send shivers through B.C. real estate market

Interest rates send shivers through B.C. real estate market

Sales declines were observed in most regions of the province.
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'White hot' market sends industrial lease rates skyward

'White hot' market sends industrial lease rates skyward

Rising interest rates could slow new industrial strata projects
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