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Real Estate News

B.C. government announces probe of money laundering

B.C. government announces probe of money laundering

Public inquiry expected to produce report on extent and causes of problem by May 2021
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Few foreclosures reflect Metro Vancouver homeowner tenacity

Few foreclosures reflect Metro Vancouver homeowner tenacity

Most distressed sales believed linked to family issues, not sales and price declines
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‘Swiss cheese’ regulatory system allows dirty money into real estate: BCREA CEO

‘Swiss cheese’ regulatory system allows dirty money into real estate: BCREA CEO

‘Different rules for different parts of the transaction’ are a key part of the problem, says real estate association chief
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Damp April for B.C. home sales, average price down 6.2 per cent: BCREA

Damp April for B.C. home sales, average price down 6.2 per cent: BCREA

Listing inventory builds up across the province, although some regions remain in seller’s market territory
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Letter: If developers really cared about affordability, they’d be hailing downturn in prices

Letter: If developers really cared about affordability, they’d be hailing downturn in prices

Re: “Lower Mainland's presale home absorption rate sees dismal April: report,” online, May 6.
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Updated: How deep is the housing market slowdown in your area? (INFOGRAPHIC)

Updated: How deep is the housing market slowdown in your area? (INFOGRAPHIC)

Metro Vancouver map shows which municipalities are in buyer's markets and how much prices have declined in each
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Opinion: No more secrets on who holds property titles

Opinion: No more secrets on who holds property titles

The two lengthy reports on how serious B.C.’s money laundering problem is both dwell on the lack of transparency in real estate ownership. But one of the key moves to correct that is already in the works.
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Find Vancouver real estate expensive? Check out these exorbitant markets

Find Vancouver real estate expensive? Check out these exorbitant markets

Vancouver is certainly pricey, but average per-square-foot price for a downtown condo pales in comparison with some global cities
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Task force lists 10 things Burnaby can do right now for the housing crisis

Task force lists 10 things Burnaby can do right now for the housing crisis

"Quick starts" range from tenant relocation to a land value capture for people profiting off of real estate speculation
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Real estate drop doesn't make it a buyers' market yet

Real estate drop doesn't make it a buyers' market yet

What does the housing market slowdown mean for buyer choice and affordability? A financial expert weighs in
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