Real estate

B.C. average home price and sales level to 2023, showing steep drop in sales expected next year. (Central 1)

Forecast calls for B.C. home sales to ‘explode,’ then drop off

Average price to rise another 10% in 2021, credit unions say

B.C. average home price and sales level to 2023, showing steep drop in sales expected next year. (Central 1)
A real estate sign is shown in Victoria, B.C., on Friday, June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

CMHC predicts COVID-19 immunity will moderate pace of home sales, prices by 2023

The agency also predicts that rental demand will rebound as immigration recovers

A real estate sign is shown in Victoria, B.C., on Friday, June 1, 2018. THE CANADIAN PRESS/Chad Hipolito
This Coldstream residence, currentlty listed for sale for a dollar shy of $13 million, will be the subject of an online auction in June, conducted by an American auction house. (Engel&Völkers Photo)

Coldstream mansion to go to highest bidder

Five-bedroom, 10-bathroom home on Ravine Drive, listed for $13 million, will be featured in online auction by American firm

This Coldstream residence, currentlty listed for sale for a dollar shy of $13 million, will be the subject of an online auction in June, conducted by an American auction house. (Engel&Völkers Photo)
The real estate boom across the Okanagan has not felt a negative impact from the coronavirus impact on our national economy. (Contributed)

Okanagan real estate boom keeps escalating

Predictions of the current boom extending through the 2020 decade

The real estate boom across the Okanagan has not felt a negative impact from the coronavirus impact on our national economy. (Contributed)
The $12.8 million house at 587 Vancouver Avenue in Penticton, nominated for several International Design Awards, is described as a property that “has been designed with an obsessive level of attention to detail.” (Jon Adrian / Kevin Chen Realty)

$12.8 million Penticton home listing sparks racist, hateful comments

Realtor Kevin Chen reported threats made against him to police

The $12.8 million house at 587 Vancouver Avenue in Penticton, nominated for several International Design Awards, is described as a property that “has been designed with an obsessive level of attention to detail.” (Jon Adrian / Kevin Chen Realty)
The $12.8 million house at 587 Vancouver Avenue in Penticton, nominated for several International Design Awards, is described as a property that “has been designed with an obsessive level of attention to detail.” (Jon Adrian / Kevin Chen Realty)

$12.8 million Okanagan home listing sparks racist, hateful comments

Realtor Kevin Chen reported threats made against him to police

The $12.8 million house at 587 Vancouver Avenue in Penticton, nominated for several International Design Awards, is described as a property that “has been designed with an obsessive level of attention to detail.” (Jon Adrian / Kevin Chen Realty)
(The Canadian Press)

More than half of B.C.’s first-time homebuyers plan on heading to suburbs for their purchase

First-time buyers largely wanted a detached home, with 61 per cent eyeing that option

(The Canadian Press)
Finance Minister Chrystia Freeland holds a press conference in Ottawa on Tuesday, April 20, 2021. THE CANADIAN PRESS/Sean Kilpatrick

More supply needed to ease housing price crunch, but always more to do, Freeland says

Federal budget promised $2.4B over five years, beginning with nearly $1.8B this year, for affordable housing

Finance Minister Chrystia Freeland holds a press conference in Ottawa on Tuesday, April 20, 2021. THE CANADIAN PRESS/Sean Kilpatrick
A for sale sign is shown in by new homes in Beckwith, Ont., just outside Ottawa, on Wednesday, Jan. 11, 2018. THE CANADIAN PRESS/Sean Kilpatrick

Canadian home sales up 76% year-over-year, set new March record: CREA

On a month-over-month basis, sales in March were up 5.2 per cent compared with February

A for sale sign is shown in by new homes in Beckwith, Ont., just outside Ottawa, on Wednesday, Jan. 11, 2018. THE CANADIAN PRESS/Sean Kilpatrick
A real estate sign is pictured in Vancouver, B.C. THE CANADIAN PRESS Jonathan Hayward

1 in 3 young Canadians have given up on owning a home: poll

Data released Monday says 36% of adults younger than 40 have given up on home ownership entirely

A real estate sign is pictured in Vancouver, B.C. THE CANADIAN PRESS Jonathan Hayward
Building on the success of Black Press Media’s niche digital platforms, Today’s Home brings the same wealth of knowledge and local expertise to the search for a home, be it buying, selling, or even just daydreaming about what changes you can make in the future.
Building on the success of Black Press Media’s niche digital platforms, Today’s Home brings the same wealth of knowledge and local expertise to the search for a home, be it buying, selling, or even just daydreaming about what changes you can make in the future.
Housing isn’t being built fast enough to quell Salmon Arm’s current hot real estate market according to local realtors. (File photo)

Pandemic contributing to challenging time for home buyers throughout Okanagan, Shuswap

Realtors association says increased demand created ‘huge shock’ on supply

Housing isn’t being built fast enough to quell Salmon Arm’s current hot real estate market according to local realtors. (File photo)
The former BC Tree Fruits office building at 1473 Water Street sold for $7.5 million in December 2020. (Contributed)

Former BC Tree Fruits Kelowna packinghouse listed for $20M

Listing says the downtown Kelowna property could be part of a ‘master-planned waterfront community’

The former BC Tree Fruits office building at 1473 Water Street sold for $7.5 million in December 2020. (Contributed)
Michael Tremblay. Darren Hull photography

Charting The Course

Michel Tremblay navigates work and adventure

  • Mar 29, 2021
Michael Tremblay. Darren Hull photography
The earliest known drawing of Woodside Farm in the 1850s. (Contributed - Sooke Region Museum)

Woodside sold: Sooke couple buys Western Canada’s oldest working farm

South Island’s Woodside Farm is the oldest continuously operated farm west of the Great Lakes

The earliest known drawing of Woodside Farm in the 1850s. (Contributed - Sooke Region Museum)
(Pixabay)
(Pixabay)
A concept image of what the bathroom could look like. Designed by Toronto firm Gluckstein Design. (One Water Street)

At $10M, Okanagan’s most expensive condo is ready to customize

The penthouse suite at One Water Street will have 4,500 square feet of interior space

A concept image of what the bathroom could look like. Designed by Toronto firm Gluckstein Design. (One Water Street)
A real estate sign is pictured in Vancouver, Tuesday, June, 12, 2018. (THE CANADIAN PRESS/Jonathan Hayward)

Okanagan-Shuswap real estate market continues hot start to 2021

Sales in February were up more than 100 per cent over last year, reports the Association of Interior Realtors

A real estate sign is pictured in Vancouver, Tuesday, June, 12, 2018. (THE CANADIAN PRESS/Jonathan Hayward)
Low interest rates have acted as a catalyst for the pandemic real estate market. THE CANADIAN PRESS/Graeme Roy

Millennial homebuyers benefiting from pandemic pricing

Mortgage rates at lowest in decades, helping people enter the market

Low interest rates have acted as a catalyst for the pandemic real estate market. THE CANADIAN PRESS/Graeme Roy
In 2020, 8,497 properties were sold in the Victoria Real Estate Board region – a 17.1 per cent jump from 2019. (Unsplash)

Here’s how many months you would have to save up to buy a house in these B.C. cities

Best to start planning early, the National Bank of Canada has found

In 2020, 8,497 properties were sold in the Victoria Real Estate Board region – a 17.1 per cent jump from 2019. (Unsplash)