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Real Estate News

B.C. real estate not alone as home prices slide across prime global cities

London, Sydney, Hong Kong and more seeing price declines over past year, reports The Economist – a correlation that could herald a global recession

What B.C. cities can learn from Seattle’s successful housing outcomes

Seattle’s changes to density zoning, development incentives and consultation processes have resulted in more supply and moderating home prices, says global housing expert
B.C. government not stablizing housing market the right way: BCREA

B.C. government not stablizing housing market the right way: BCREA

Finance minister says housing market is moving in right direction, but real estate industry critics disagree
B.C. budget delivers few new measures for housing and homeownership

B.C. budget delivers few new measures for housing and homeownership

Biggest new policy is a $76 million investment in modular housing for homeless; no sign of promised renters’ rebate
B.C.’s ‘policy-induced’ housing slowdown gives chill to January's market: BCREA

B.C.’s ‘policy-induced’ housing slowdown gives chill to January's market: BCREA

B.C. Northern board bucks provincial trend as one of only three boards seeing home prices higher than one year previously
Metro Vancouver home prices continue to weaken

Metro Vancouver home prices continue to weaken

The latest Teranet-National Bank data shows prices in the region have fallen 3.2 per cent over the last six months
Province expecting $400M hole in Property Transfer Tax revenues

Province expecting $400M hole in Property Transfer Tax revenues

Housing market slowdown has slashed B.C. government’s projected income from purchase taxes, including foreign buyer tax revenues
No housing-related ‘brain drain’ from Metro Vancouver, says analyst

No housing-related ‘brain drain’ from Metro Vancouver, says analyst

More young professionals are coming to the region than are leaving it, according to Census data
B.C. Assessment process unfair to homeowners, small business

B.C. Assessment process unfair to homeowners, small business

B.C.'s municipalities are badly served by a "hobbled" system — but there are solutions, says former assessor
Metro Vancouver residential market still ‘highly vulnerable to risks’ even in slowdown

Metro Vancouver residential market still ‘highly vulnerable to risks’ even in slowdown

Despite home prices falling, CMHC’s quarterly report continues to find strong evidence of real estate overvaluation