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Real Estate News

Rising mortgage rates cooling homes sales, but not prices

Rising mortgage rates cooling homes sales, but not prices

The average five-year fixed mortgage rate reached 4.49 per cent in June, the highest since 2009
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B.C. woman's house flipping scheme alleged to be fraudulent

B.C. woman's house flipping scheme alleged to be fraudulent

A Vancouver woman allegedly used new investor funds to pay off previous investors, according to securities investigators.
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B.C. family says homebuyer evicted them to raise rent 70%

B.C. family says homebuyer evicted them to raise rent 70%

The Eggers claim they are entitled to $33,600 in compensation after a buyer evicted them only to re-rent the home for a 70% markup.
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Metro Vancouver suburbs take hardest home sales hit

Metro Vancouver suburbs take hardest home sales hit

Housing sales will plunge by 30 per cent in the Fraser Valley this year and prices will “flatline” by 2023, BCREA forecasts
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5 eco-conscious homes that don't compromise architectural design

5 eco-conscious homes that don't compromise architectural design

Nearly 400 entries were juried by a peer-reviewed panel of award-winning builders, renovators and designers.
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Surrey investors home in on local real estate

Surrey investors home in on local real estate

Pricing decouples from Burnaby, New Westminster as local buyers take hold
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B.C. investors scout Alberta single-tenant deals

B.C. investors scout Alberta single-tenant deals

Long-term triple-net lease commercial property in a surging oil-fired economy deliver higher cap rates at lower price points than in Metro Vancouver, agents say
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Land shortage sparks scramble for Metro alternatives

Land shortage sparks scramble for Metro alternatives

Outlier centres, farmland an option as the region’s land base shrinks and costs rise
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B.C. home sales plummet 35% in April

B.C. home sales plummet 35% in April

Declining sales not affecting home prices so far
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93% of B.C. MLAs own a home, nearly half have a second property

93% of B.C. MLAs own a home, nearly half have a second property

If B.C. lawmakers have so much skin in the game, may this impact their will to implement effective housing policies? "It's a totally valid question to ask," says a political science professor.
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