Real Estate News

Falling detached-home prices in some Metro Vancouver areas are not enough to cancel out increases in others, with the region's aggregate home sale price rising 2.1 per cent year over year in 2018’s fourth quarter.

Burnaby’s iconic milk plant on Lougheed Highway was sold for a whopping $218 million, but nobody seems to know who the buyer is.

A surge in the assessed values of rental buildings, coupled with new rules around rental rates, could translate into reduced investment in existing buildings and fewer new developments, says the head of LandlordBC.

A rezoning application has been filed for a 31-storey office building at 1166 West Pender St. between Bute and Thurlow streets in Coal Harbour.

Sales of Vancouver homes over $4 million plummeted in 2018 by 49 per cent year over, according to a report by Sotheby’s International Realty Canada, released January 9.

This ultra-luxe West Vancouver pad, which has an awesome 16-metre indoor pool that looks out over epic ocean and city views, is the region’s priciest new MLS listing of the past week.

Joannah Connolly, editorial director of Glacier Media Real Estate, recently published a 2019 market forecast summary to see where expert opinions differ and whether there was any consensus.

As many as 20 per cent of all residential property owners in the province should be appealing their property assessments, says the man who has literally written the book on the assessment appeals process.

A combination of unsustainably high home prices, rising interest rates, increased taxes and the mortgage stress test are being held responsible for slow residential real estate market activity in Metro Vancouver.

The Vancouver housing market appears to have cooled off ever so slightly, as the B.C. Assessment report issued Jan. 2 notes an average four per cent drop in the value of single-family homes across the city.