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Real Estate News

More low- and middle-income affordable housing on its way across B.C.

More low- and middle-income affordable housing on its way across B.C.

Province announces 4,900 new affordable rental homes for mixed-income residents
B.C. home prices will flatline over next two years: forecast

B.C. home prices will flatline over next two years: forecast

Province's housing market in 2019 and 2020 will be characterized by slower sales and more home inventory, says CMHC
Signs of a Metro Vancouver market recovery? Home sales improve slightly in October

Signs of a Metro Vancouver market recovery? Home sales improve slightly in October

After a gloomy September, Metro Vancouver’s real estate activity brightens somewhat
Building permit values reach record highs

Building permit values reach record highs

With the year still far from over, the value of building permits issued by city hall has set a record. As of Friday, it stood at $169.26 million, city hall said, well above the previous high of $147.88 set in 2007. At $135.
Metro Vancouver detached home prices will soar after three-year slump: analyst

Metro Vancouver detached home prices will soar after three-year slump: analyst

Region's current housing slump will last until 2021, but will be followed by dramatic doubling in single-family prices, predicts analyst
Apartment building clears public hearing

Apartment building clears public hearing

A four-storey 50-unit apartment complex at the foot of University Hill passed through a public hearing during city council's Monday night meeting.
Landlord investors face bidding wars in Kitimat

Landlord investors face bidding wars in Kitimat

Residential real estate investors hoping to make a quick buck in Kitimat are running into veteran property owners who are jacking up prices as the largest private investment in Canadian history avalanches onto the town.
House prices and sales diverge, BCNREB report shows

House prices and sales diverge, BCNREB report shows

An upward trend in Prince George for the average price of a single-family home continues to be offset by a decline in the number sales so far this year, according to a B.C. Northern Real Estate Board report issued Friday.
House construction powers building permit numbers

House construction powers building permit numbers

New home construction has continued to be the key driver in the city’s building permit figures. As of the end of August, permits for $57.
Metro Vancouver home sales plummet 43.5% in September

Metro Vancouver home sales plummet 43.5% in September

No flurry of fall activity this year, as slide in both sales and prices gathers pace across Metro Vancouver