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Greater Victoria housing sales still falling in rocky route to balance

Greater Victoria housing sales still falling in rocky route to balance

Residential transactions fall on an annual basis for 11th consecutive month
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's high-end house rents plunge as inventory spikes: experts

Metro Vancouver's high-end house rents plunge as inventory spikes: experts

Slowdown of detached home sales, speculation-tax avoidance, Airbnb rules bring flood of high-end houses onto rental market, creating “desperation” as owners slash rents up to 20 per cent
Greens agree ‘compromise’ with NDP on speculation tax changes

Greens agree ‘compromise’ with NDP on speculation tax changes

In exchange for Green Party’s backing, NDP agrees to three key amendments to tabled legislation, including reduced tax rate for out-of-province Canadians
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.
B.C.'s first rental-only zoning bylaw takes shape

B.C.'s first rental-only zoning bylaw takes shape

Burnaby council passes first reading of a new framework for its zoning bylaws, as expert warns of challenges