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Real Estate News

B.C. home sales see slight uptick in May, still down year over year: BCREA

B.C. home sales see slight uptick in May, still down year over year: BCREA

Average home price is 4.3 per cent lower than one year ago; annual price decline is flattening out
First-Time Home Buyer Incentive to launch in September: CMHC

First-Time Home Buyer Incentive to launch in September: CMHC

Federal government also launching alternative shared-equity mortgage funding scheme
Richmond mall to transform into 'village'

Richmond mall to transform into 'village'

Shape Properties hopes to have shovels in the ground by early 2020 at Richmond Centre to start transforming it into a high-density, transit-oriented neighbourhood with homes, shops and services.
Richmond mall to transform into 'village'

Richmond mall to transform into 'village'

Shape Properties hopes to have shovels in the ground by early 2020 at Richmond Centre to start transforming it into a high-density, transit-oriented neighbourhood with homes, shops and services.
Homebuying bidding wars not decreasing in Metro Vancouver: CMHC poll

Homebuying bidding wars not decreasing in Metro Vancouver: CMHC poll

Market may have slowed in past 18 months, but just as many Metro Vancouver homebuyers are entering bidding wars, finds survey
More than one-third of Metro Vancouver condos aren’t occupied by owners

More than one-third of Metro Vancouver condos aren’t occupied by owners

Analysis by SFU’s Andy Yan looks at new Canadian housing statistics
Homebuying bidding wars not decreasing in Metro Vancouver: CMHC poll

Homebuying bidding wars not decreasing in Metro Vancouver: CMHC poll

Market may have slowed in past 18 months, but just as many Metro Vancouver homebuyers are entering bidding wars, finds survey
Average Metro Vancouver home costs four times more than Millennials can afford: study

Average Metro Vancouver home costs four times more than Millennials can afford: study

A 25-34-year-old on a typical salary can only afford $250K home, based on current interest rates, says Generation Squeeze
Developers team up with Royal Canadian Legions on mixed-use projects

Developers team up with Royal Canadian Legions on mixed-use projects

Burnaby and Surrey projects will replace aging veteran facilities and add market and non-market housing
B.C. city sued for giving OK to apartment building that has no architect

B.C. city sued for giving OK to apartment building that has no architect

Case could reverberate around the province as city and chief building inspector are both sued over five-unit building, which legally must be designed by architect