Skip to content
Join our Newsletter

Real Estate News

New immigrants spending 54% more on Metro Vancouver houses than locals

New immigrants spending 54% more on Metro Vancouver houses than locals

Detached homes in Metro Vancouver that are owned by recent immigrants are worth an average of one-third more than homes owned by Canadian-born residents, according to a new study of 2016 Census data by Statistics Canada.
Read more >
Sprawling, resort-style estate relisted for $16.78 million (PHOTOS)

Sprawling, resort-style estate relisted for $16.78 million (PHOTOS)

This spectacular Richmond estate with 7,400 square feet of living space has been relisted, having failed to sell for $16.8 million in 2018.
Read more >
Feds’ mortgage policies ‘deny homeownership’ to young Canadians

Feds’ mortgage policies ‘deny homeownership’ to young Canadians

Young and middle-class Canadians are being denied the opportunity of homeownership due to the rigorous mortgage stress test, according to a report released January 23 by Mortgage Professionals of Canada (MPC).
Read more >
Metro Vancouver home price decline will bottom in 2019, then reverse, say forecasters

Metro Vancouver home price decline will bottom in 2019, then reverse, say forecasters

Home prices in Metro Vancouver may slide further in 2019 but then will recover as demand continues and supply remains constrained, according to a panel of developers at a 2019 forecast event.
Read more >
Vancouver is home to the only wind turbine in the world with a clear glass viewing pod

Vancouver is home to the only wind turbine in the world with a clear glass viewing pod

Located on Grouse Mountain, The Eye of the Wind offers panoramic views of Vancouver. The sky-scraping tower measures an impressive 65 meters tall.
Read more >
Young professionals leaving Vancouver over high cost of housing

Young professionals leaving Vancouver over high cost of housing

Iain Reeve and his wife moved from rental home to rental home in Vancouver but their final solution for secure housing was to move to Ottawa and buy two houses — one for them and another for his parents.
Read more >
Home prices holding firm in most Metro Vancouver areas, and for condos

Home prices holding firm in most Metro Vancouver areas, and for condos

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.
Read more >
Burnaby's Saputo milk plant sold for $218 million, likely to be turned into condos

Burnaby's Saputo milk plant sold for $218 million, likely to be turned into condos

Burnaby’s iconic milk plant on Lougheed Highway was sold for a whopping $218 million, but nobody seems to know who the buyer is.
Read more >
Rising multi-family assessments could trigger higher rents across B.C.

Rising multi-family assessments could trigger higher rents across B.C.

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.
Read more >
Thirty-one storey office tower proposed for Coal Harbour

Thirty-one storey office tower proposed for Coal Harbour

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.
Read more >
$(function() { $(".nav-social-ft").append('
    • '); });