Real estate

Snow-covered houses and the downtown skyline are seen after a snowstorm, in Vancouver on November 30, 2022. British Columbia’s property assessment agency is warning homeowners that figures released next month will likely be higher than the current market value.THE CANADIAN PRESS/Darryl Dyck

B.C. property assessments higher, but market has changed: assessor

Homeowners warned they are about to receive assessments that won’t reflect current values

 

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in October were up 1.3 per cent from September, the first monthly gain since February. THE CANADIAN PRESS Jonathan Hayward

Canadian October home sales up from September, first monthly increase since February

Greater Vancouver was up six per cent, offset in part by a 2.4 per cent drop in Montreal

 

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward

Vancouver home sales down 46% from last year, 13% from September: board

Composite benchmark price for Metro Vancouver sat at $1,148,900

 

The average number of days to sell a home remained unchanged from August, coming in at 57 days. (Black Press file photo)

Benchmark home price in Central Okanagan falls below $1M

Statistics from the Association of Interior Realtors put the price at $981,800

The average number of days to sell a home remained unchanged from August, coming in at 57 days. (Black Press file photo)
Prime Minister Justin Trudeau tours a rental housing development in Vancouver, Monday, Feb. 11, 2019. The federal government is hoping to help more Canadians become homeowners through a new rent-to-own initiative, but experts are warning it may not be the best pathway for everyone. THE CANADIAN PRESS/Jonathan Hayward

Rent-to-own can help create homeowners, but experts say may not be best for everyone

Liberals plan a $200-million investment in a five-year rent-to-own program

Prime Minister Justin Trudeau tours a rental housing development in Vancouver, Monday, Feb. 11, 2019. The federal government is hoping to help more Canadians become homeowners through a new rent-to-own initiative, but experts are warning it may not be the best pathway for everyone. THE CANADIAN PRESS/Jonathan Hayward
David and Amanda Horvath look over the looming cliff of a landslide behind their home at 5412 McConnell Crescent in Terrace, B.C. (Michael Bramadat-Willcock/Terrace Standard)

Couple’s ‘dream home’ at risk of sliding into northwest B.C. river

Families look on helplessly as property erodes into river behind them

David and Amanda Horvath look over the looming cliff of a landslide behind their home at 5412 McConnell Crescent in Terrace, B.C. (Michael Bramadat-Willcock/Terrace Standard)
House for sale. (THE CANADIAN PRESS/Evan Buhler)

Four straight months of falling house prices in Central Okanagan

The benchmark price for a single-family home is still above $1M

House for sale. (THE CANADIAN PRESS/Evan Buhler)
(Black Press Media Creative)

Canada’s real estate market is cooling. Here’s what to expect this fall

Realtors, economists at odds over how long pricing slide will last and how low it will go

(Black Press Media Creative)
The Canadian Real Estate Association says home sales fell for the fifth consecutive month between June and July but this month’s drop was the smallest of the five. A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Canadian home sales fall for fifth month in a row, down 29% from last July: CREA

New listings in July totalled 73,436, down six per cent from last July

The Canadian Real Estate Association says home sales fell for the fifth consecutive month between June and July but this month’s drop was the smallest of the five. A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Brown areas are within a five-minute walk of one of the planned local SkyTrain stations. Areas in tan are within a 10-minute walk. (Langley City OCP)

Most land on Langley City SkyTrain route already bought by developers: realtor

Langley City land assemblages are ready to be redeveloped over the next few years

Brown areas are within a five-minute walk of one of the planned local SkyTrain stations. Areas in tan are within a 10-minute walk. (Langley City OCP)
Chads Island sits off the northwest shore of Princess Margaret Marine Park (Portland Island). (Photo courtesy of Unique Properties)

You can own your own private B.C. island for $2.9M

Chads Island has swimmable beaches and a protected dock

Chads Island sits off the northwest shore of Princess Margaret Marine Park (Portland Island). (Photo courtesy of Unique Properties)
The former Kelowna Costco location at Highways 97 & 33. (File photo)

Costco cashes in on sale of former Kelowna property

Costco opened its new store at 2125 Baron Road in February

The former Kelowna Costco location at Highways 97 & 33. (File photo)
Policies recommended include investments in public housing, mandatory inclusionary zoning and tying rent increases to units rather than individual tenancies. THE CANADIAN PRESS/Darryl Dyck

British Columbians support progressive housing policies to combat affordability crisis: poll

The soaring cost of housing is the single biggest component of the affordability crisis in B.C.

Policies recommended include investments in public housing, mandatory inclusionary zoning and tying rent increases to units rather than individual tenancies. THE CANADIAN PRESS/Darryl Dyck
5462 Stonebridge Dr, Whistler is listed at $39 million. (Photo: MLS listing Maggi Thornhill/Engel & Volkers Whistler).

Whistler $39M home tops list of most expensive houses for sale in Canada

Houses in Vancouver and Surrey on list of top 10 pricey homes on the market in big cities

5462 Stonebridge Dr, Whistler is listed at $39 million. (Photo: MLS listing Maggi Thornhill/Engel & Volkers Whistler).
The Okanagan real estate industry is in the midst of a ‘cooling off’ period after robust sales and climbing housing prices over the last two years. (File photo)

Okanagan real estate market volatility cools down

Rising interest rates curb hot seller’s market

The Okanagan real estate industry is in the midst of a ‘cooling off’ period after robust sales and climbing housing prices over the last two years. (File photo)
(File)

Interest rate will impact new homebuyers most in Okanagan

The Bank of Canada interest rate jumped a full percentage point on Wednesday

(File)
A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

June home sales down 24% from last year, 6% since May: CREA

Drops attributed to pressures tied to Bank of Canada’s continued hikes to its key interest rate.

A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy
Kelowna is currently the seventh most expensive rental market in the country. (Pixabay)

Kelowna rent prices drop for July

Ranked seventh priciest city in Canada

Kelowna is currently the seventh most expensive rental market in the country. (Pixabay)
Okanagan Real Estate Summit at Laurel Packing House on July 6, 2022 (Brittany Webster - Capital News)

Kelowna chosen out of ‘dozens of markets’ for growth

Sid Landolt with S&P Real Estate was the guest speaker at the summit

Okanagan Real Estate Summit at Laurel Packing House on July 6, 2022 (Brittany Webster - Capital News)
Commissioner Austin Cullen listens to a question while meeting with reporters after releasing his report from his Inquiry into Money Laundering in British Columbia in Vancouver, B.C., Wednesday, June 15, 2022. THE CANADIAN PRESS/Rich Lam

B.C. money laundering report calls for new law enforcement unit, provincial office

Commissioner estimates billions laundered in B.C. every year

Commissioner Austin Cullen listens to a question while meeting with reporters after releasing his report from his Inquiry into Money Laundering in British Columbia in Vancouver, B.C., Wednesday, June 15, 2022. THE CANADIAN PRESS/Rich Lam