Real estate

The downtown Vancouver skyline is seen at sunset, as houses line a hillside in Burnaby, B.C., on Saturday, April 17, 2021. Home sales across Metro Vancouver remained well above the 10-year average in September, but the Real Estate Board of Greater Vancouver says prices haven’t climbed as sharply. THE CANADIAN PRESS/Darryl Dyck

Home demand still outstrips supply in Metro Vancouver but price hikes slow: report

Composite benchmark price for all residential properties in Metro Vancouver just under $1.2 million

 

Natura On Forest’s Edge is just 73 homes on five floors nestled right into Horn Creek Park,  in Abbotsford. There are just a few homes remaining, starting in the mid-$500s.

Your home in the woods, tucked away in the heart of Abbotsford!

It’s not just close to the forest, it’s also sustainably built with eco-friendly amenities

  • Sep 27, 2021

 

A real estate sign is pictured in Vancouver on June 12, 2018. THE CANADIAN PRESS/Jonathan Hayward

Homes listed for sale in Metro Vancouver have fallen to lows not seen since 2016

New home built during the pandemic, with a specific focus on projects for the rental market

 

For months now, the number of new listings with the FVREB has been shrinking, and they decreased even further in August. THE CANADIAN PRESS/Graeme Roy

Home buyers facing worst supply shortage in 40 years, says Fraser Valley Real Estate Board

2nd highest August sales ever, yet supply continues to shrink

For months now, the number of new listings with the FVREB has been shrinking, and they decreased even further in August. THE CANADIAN PRESS/Graeme Roy
Harrison Ridge’s bright and spacious 3- to 4-bedroom West Coast homes are designed for family living, and offer views to the Fraser River and Woodside Mountain.

Community amenities meet the great outdoors in Harrison Ridge

The much-anticipated launch of Phase 4 of the Harrison Ridge development in…

  • Aug 30, 2021
Harrison Ridge’s bright and spacious 3- to 4-bedroom West Coast homes are designed for family living, and offer views to the Fraser River and Woodside Mountain.
The Master Planned Cedarbrook community will include a thoughtful blend of lane homes, duplexes, trail homes, row homes and townhomes.

Cedarbrook: Affordable homes designed with rentals or multigenerational living in mind

Single Family Lane Homes with basement suite and carriage apartment starting at $949,000

  • Aug 9, 2021
The Master Planned Cedarbrook community will include a thoughtful blend of lane homes, duplexes, trail homes, row homes and townhomes.
A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

Home sales slow for July, lowest supply in 40 years, Fraser Valley Real Estate Board says

Buyers significantly outnumber sellers, resulting in lowest inventory since 1981

A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy
A house is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price index. THE CANADIAN PRESS/Sean Kilpatrick

Canadian home prices up 16% in June for largest 12-month gain on record, says index

Halifax led with prices climbing 30.8 per cent over the past year

A house is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price index. THE CANADIAN PRESS/Sean Kilpatrick
New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Annual pace of housing starts in Canada slowed in June: CMHC

The seasonally adjusted annual rate of housing starts fell 1.5% to 282,070 units in June compared to 286,296 in May

New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan

CREA reports home sales down 8.4% month-over-month in June

CREA said 73,402 homes were listed in June, down 0.7 per cent from 73,912 in May

Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan
People walk past new homes for sale in Oakville, Ont., on Tuesday, April 14, 2009. THE CANADIAN PRESS/Nathan Denette

May home sales fell 7.4 per cent, but on pace for record level this year: CREA

Canadian Real Estate Association predicting 2021 will see transactions rise 23.8 per cent

People walk past new homes for sale in Oakville, Ont., on Tuesday, April 14, 2009. THE CANADIAN PRESS/Nathan Denette
May also had the second-highest volume of new listings ever for the month with 3,926, the record previously being set in 2018. John Dent photo.

Fraser Valley Real Estate Board breaks sales records 9 months in a row

FVREB processed 2,951 sales in May, a 267% increase compared to last year

May also had the second-highest volume of new listings ever for the month with 3,926, the record previously being set in 2018. John Dent photo.
A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

CREA says April home sales down 12.5 per cent from record high set in March

The actual national average home price was a little under $696,000 in April

A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Budget’s foreign-homebuyers tax could bring in $509 million over 4 years, PBO says

Liberals are proposing a one per cent tax on vacant homes owned by foreign non-residents

New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Ozzie Jurrock. Photography by Lia Crowe

The Visionary

Ozzie Jurrock wrote the book on real estate

  • May 7, 2021
Ozzie Jurrock. Photography by Lia Crowe
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
April’s 3,016 sales tops the previous high for the month set in 2016 of 2,969 sales. THE CANADIAN PRESS/Sean Kilpatrick

8 months in a row of record-breaking sales, says Fraser Valley Real Estate Board

April sales top previously monthly high set in 2016; longest stretch of consecutive monthly bests

April’s 3,016 sales tops the previous high for the month set in 2016 of 2,969 sales. THE CANADIAN PRESS/Sean Kilpatrick
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 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)