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Real Estate News

Rise or fall of home prices largely linked to purchasing power: analyst

Rise or fall of home prices largely linked to purchasing power: analyst

Whether the region’s home prices are rising or falling is significantly to do with buyers’ spending power – more so than foreign buyers or market speculation, according to the lead data analyst for Vancouver real estate firm the Rennie Group.
Real estate regulators to be scrutinized

Real estate regulators to be scrutinized

The province is examining the Real Estate Council of СÀ¶ÊÓƵ and Superintendent of Real Estate
$1.9 billion expected for provincewide rental housing

$1.9 billion expected for provincewide rental housing

Rental units intended to help families, and low and middle-income seniors
Official Community Plan passes third reading at council with no major changes

Official Community Plan passes third reading at council with no major changes

The document will go forward to the regional district for approval

Has Metro Vancouver's foreign buyer tax made homes more affordable?

Only five per cent of British Columbians think that taxing foreign buyers on real estate purchases has resulted in homes becoming more affordable, according to a survey released this week by real estate website Zoocasa.
СÀ¶ÊÓƵ's commercial real estate sales smash records in 2017

СÀ¶ÊÓƵ's commercial real estate sales smash records in 2017

British Columbia commercial real estate investment activity and dollar volume achieved record heights in 2017 with the disposition of 230 office, industrial and retail properties valued at $7.5 billion during the record-setting year.
Will growing, smoking pot under new laws reduce value of your home?

Will growing, smoking pot under new laws reduce value of your home?

With 4/20 just a few days away, close to half of the respondents to a new national survey said that they would be put off buying a home if even a legal amount of pot had been grown there, under the upcoming new marijuana legislation.
Protections for tenants facing ‘renoviction’ being discussed

Protections for tenants facing ‘renoviction’ being discussed

Tenants being 'renovicted' to have more notice, bigger payouts in certain circumstances
СÀ¶ÊÓƵ home prices predicted to keep climbing as seller’s market persists

СÀ¶ÊÓƵ home prices predicted to keep climbing as seller’s market persists

The number of homes for sale across the province are at or near a 12-year low, pushing prices ever upwards, according to the СÀ¶ÊÓƵ Real Estate Association’s monthly statistical report released April 12.
СÀ¶ÊÓƵ Housing agrees to finance proposed affordable seniors complex

СÀ¶ÊÓƵ Housing agrees to finance proposed affordable seniors complex

The Squamish Senior Citizens Home Society is moving forward on a plan to build a new residential complex, sharing with council financial partnerships with СÀ¶ÊÓƵ Housing and Polygon at a meeting on Tuesday. The plan still requires council’s approval.
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