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Real Estate

‘Next to impossible': B.C. real estate industry faces many roadblocks to completing purpose-built rentals

‘Next to impossible': B.C. real estate industry faces many roadblocks to completing purpose-built rentals

Changes will be needed in 2023 to accommodate high costs, interest rates and competitive government programs in order to meet immigration and housing targets
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Vancouver homebuyers prove willing, but listings are weak

Vancouver homebuyers prove willing, but listings are weak

Housing sales accounted for more than 100 per cent of new listings added in Greater Vancouver during December
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B.C. home sales suffer steep slide in November

B.C. home sales suffer steep slide in November

Following October’s uptick, B.C. home sales cratered in November by 9.5 per cent to reach a seasonally-adjusted 4,849 units. Actual sales fell 50 per cent from a year ago.
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Advocacy group calls for cap on rent hikes for new residential tenants

Advocacy group calls for cap on rent hikes for new residential tenants

Together Against Poverty Society is advocating for a vacancy control system.
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Cooling off period comes to coldest housing market in years

Cooling off period comes to coldest housing market in years

Effective January 3 ,2023, a B.C. homebuyer has three business day to cancel a sales agreement
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Vancouver's December home sales down 52% from year ago: B.C. real estate board

Vancouver's December home sales down 52% from year ago: B.C. real estate board

VANCOUVER — The Greater Vancouver Real Estate Board says home sales and prices continued their fall in December, dropping by 52 per cent and three per cent respectively from a year ago. The B.C.
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Value of Michael Bublé's Burnaby home jumps by $1.85M: BC Assessment

Value of Michael Bublé's Burnaby home jumps by $1.85M: BC Assessment

Single-detached homes and strata properties in Burnaby are up by 10 per cent and 12 per cent respectively, according to BC Assessment's latest numbers.
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B.C. becomes first province to require 3-day contract waiting period for homebuyers

B.C. becomes first province to require 3-day contract waiting period for homebuyers

VANCOUVER — British Columbia has become the first province in Canada to require a three-day waiting period for buyers after they've signed an agreement to purchase a home.
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Everything you need to know about B.C.'s 2023 homeowner grant

Everything you need to know about B.C.'s 2023 homeowner grant

The grant will cover 92 per cent of residential properties in B.C.
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Northern B.C. homeowners see rise in 2023 property assessments

Northern B.C. homeowners see rise in 2023 property assessments

Northern homeowners can generally expect to see a rise of about 5% to 20%
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