Real Estate News

Wondering how your home value (or purchasing budget) measures up against neighbouring areas – or how much it has changed over the past year?

B.C.’s Premier John Horgan and housing minister Selina Robinson are receiving opposing recommendations on whether to ban rental restrictions on strata units, or continue to allow strata corporations to limit rentals.

The two towers, named after interior designers, will be constructed on the 41st Ave portion of the Oakridge property. Prices for units vary based on size, floor level, views, amenities and available upgrades.

Even though British Columbia is expected to lead the country’s year-over-year decline in home sales in 2019, the provincial average resale price is forecast to rise slightly.

The most expensive condo on Canada’s MLS – and second-priciest home listing in the nation, after this $39.9 million West Vancouver house – was re-listed December 12 at an $8 million discount off its original January price.

Residents of Metro Vancouver do not have much faith in the integrity of the real estate industry, according to the results of a new Western Canadian poll on public perception of corruption.

The B.C. government’s Rental Housing Task Force is recommending changes to the Rental Tenancy Act to stop renovictions, but it’s rejected the idea of vacancy control — an idea renters favoured and landlords opposed.

Canadian authorities’ arrest of Chinese telecom executive Wanzhou Meng could depress Vancouver home prices, influential business journal Barron’s reported Dec. 10.

Should we build more or fewer housing units? Should we have more or fewer new housing units devoted exclusively to rentals? And has the time come for Canada to consider the possibility of banning non-citizens from buying real estate in the country?

B.C. homeowners will see overall “signs of moderation” in their upcoming property assessments, with some parts of the province seeing declines and others considerable increases, according to B.C. Assessment.