Skip to content

Real Estate News

B.C. home prices expected to climb 8.5% in 2022 amid supply shortage

B.C. home prices expected to climb 8.5% in 2022 amid supply shortage

A lack of supply means the steepest increases in housing prices are expected to occur over the first six months 2022, says the B.C. Real Estate Association.
Read more >
Vancouver new house construction costs highest in Canada

Vancouver new house construction costs highest in Canada

Average new 2,600-square-foot house sells for $1.75 million and includes $191,000 in municipal fees and taxes and $666,000 for the land
Read more >
New low-barrier REIT already owns Metro Vancouver land

New low-barrier REIT already owns Metro Vancouver land

For as little as $5,000, investors can share in projects backed by a veteran local developer holding 560 acres at 19 separate sites
Read more >
Local landlords swallowed as market demands deeper pockets

Local landlords swallowed as market demands deeper pockets

Six out of 10 rental apartment buildings in B.C. now bought by national REITs or other institutional investors as soaring prices, government restrictions convince local landlords to sell
Read more >
'Heart of Lynn Creek' development one step closer to realization

'Heart of Lynn Creek' development one step closer to realization

420-unit mixed-use development that includes a child-care centre and grocery store approved Monday by District of North Vancouver council, pending final adoption
Read more >
Azure 2 offers the best of both outdoor and urban living

Azure 2 offers the best of both outdoor and urban living

Sales are now open for the second phase at Southgate City, a 60-acre masterplan community in South Burnaby
Read more >
Commercial real estate sales click over $1 billon a month in Lower Mainland

Commercial real estate sales click over $1 billon a month in Lower Mainland

Third-quarter 2021 transactions were up 64 per cent from a year earlier with land sales leading the curve
Read more >
Realtor suspended, fined after forging signature in Richmond condo agreement

Realtor suspended, fined after forging signature in Richmond condo agreement

Penalties for the realtor included a three-month suspension, fines and further courses with the Real Estate Institute of Canada
Read more >
B.C. log home builders reach overseas for new markets

B.C. log home builders reach overseas for new markets

Local companies increasingly serving customers outside of the province
Read more >
Commodities, shipping, permits driving up property prices

Commodities, shipping, permits driving up property prices

Majority of key indicators point to higher prices for Lower Mainland real estate in 2022
Read more >