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Real Estate News

Greater Vancouver home values high due to low inventory levels: Royal LePage

Greater Vancouver home values high due to low inventory levels: Royal LePage

Detached home values reveal healthy gains but condominium markets across the region soar due to deteriorated purchasing power
Mega mansion propels farm lot from $88,000 to $8.3 million

Mega mansion propels farm lot from $88,000 to $8.3 million

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.
Foreign buyers ‘dominate’ high-end house sales in Vancouver

Foreign buyers ‘dominate’ high-end house sales in Vancouver

With listing prices of up to $35 million, the Shaughnessy neighbourhood of Vancouver has the most expensive houses in Canada, according to a national survey by New York City-based Engel & Völkers, a real estate agency that has offices in major Canadi
Home sales fall but prices up in Metro Vancouver in 2017

Home sales fall but prices up in Metro Vancouver in 2017

The Real Estate Board of Greater Vancouver says that home sales returned to more “historically normal” levels in 2017. Sales of detached, attached and apartment properties reached 35,993 in 2017, a 9.
New Richmond condos snapped up by foreigners

New Richmond condos snapped up by foreigners

Census data show non-residents account for 7.6 per cent of all residential ownership in Richmond
Richmond developer donates assignment fees to affordable housing

Richmond developer donates assignment fees to affordable housing

However, Townline Homes boss Rick Illich sticks by his position that no one has the right to live where they grew up
No to ban on foreign home ownership: Richmond MP

No to ban on foreign home ownership: Richmond MP

Amidst criticism from nearly every political flank, Steveston-Richmond MP Joe Peschisolido insists the federal government is taking tax evasion and investor speculation in the local real estate market seriously.