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Real Estate News

Realtors and developers brace for sustained downturn

Realtors and developers brace for sustained downturn

'Fear, not fundamentals' causing Metro Vancouver market slowdown
West Vancouver delays vote on towers for Park Royal

West Vancouver delays vote on towers for Park Royal

West Vancouver council, like many commuters, keeps getting stuck at the corner of Taylor Way and Marine Drive.
Overspending on rent has become the ‘new normal’

Overspending on rent has become the ‘new normal’

West Vancouver renters spending more of their income on rental housing than anywhere else

Metro Vancouver is North America’s ‘worst performer’ in luxury real estate

Prime real estate rankings place Metro region in 31st out of 43 global cities
86% of British Columbians want to curb foreign and speculative investment

86% of British Columbians want to curb foreign and speculative investment

Six in 10 survey respondents think it’s time to consider a foreign buyer ban on B.C. real estate
Millennials driving Canada’s hot real estate market

Millennials driving Canada’s hot real estate market

Despite high prices, six in 10 Canadian millennials already own a home
Realtor to donate massive commission from $13.8m listing to World Housing

Realtor to donate massive commission from $13.8m listing to World Housing

A top-producing Vancouver real estate agent, known for her luxury listings and land-assembly deals , has pledged to donate her entire commission from her $13.8 million West Side listing to global housing charity World Housing.
Sunshine Coast tackles rental crisis with ‘Victory Suite’ drive

Sunshine Coast tackles rental crisis with ‘Victory Suite’ drive

It has the feel of a war bond drive from the ’40s, and in many ways the latest initiative from the Sunshine Coast Regional Economic Development Organization (SCREDO) is a direct appeal to Sunshine Coast patriotism.
Coolest April for Metro Vancouver home sales in 17 years

Coolest April for Metro Vancouver home sales in 17 years

Metro Vancouver home sales saw the coolest April for 17 years, with the Real Estate Board of Greater Vancouver (REBGV) admitting that “market conditions are changing.
Buyers, be warned: fixed mortgage rates going up at Big Banks

Buyers, be warned: fixed mortgage rates going up at Big Banks

CIBC announced Tuesday (May 1) that it would be following TD Bank and RBC’s recent moves in raising its fixed mortgage rates, with a 15 basis-point increase taking its five-year fixed rate to 5.14 per cent.