Real estate

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick

Canada records record home sales for September, up 45.6% from 2019

Actual national average home price in September was a record $604,000

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick
As of Oct. 15, 2020, the Chillibowl Lanes in downtown Chilliwack are for sale, priced to move at $4.68 million. (Realtor.ca)

For Sale in Chilliwack: A bowling alley, wedding chapel and old city hall

For a cool $4.7 million, Chillibowl could be yours – for another $3 million, all three

As of Oct. 15, 2020, the Chillibowl Lanes in downtown Chilliwack are for sale, priced to move at $4.68 million. (Realtor.ca)
New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette

CMHC reports annual pace of housing starts in Canada fell 20 per cent in September

Economists had expected an annual rate of 240,000 starts in September

New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette
Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)

COVID-19 is reshaping what first-time homebuyers are looking for: BMO survey

Still, 40 per cent of potential first-time home owners think now is a good time to buy

Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)
Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

Housing market ‘moderately’ vulnerable amid potential overvaluation of homes: CMHC

CMHC says there was a ‘moderate degree of vulnerability’ in the housing market as of the end of June

Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward

CREA reports Canadian home sales climb again, set record for August

Compared with a year ago, sales in August were up 33.5 per cent

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward
Andy Yan says local employment, interest rates, and pent-up demand may be driving a high turnover in homes in Langley. (SFU/special to the Langley Advance Times)

SFU housing expert explains Lower Mainland’s surprising real estate sales numbers

Why are housing sales in Langley, and the region, still so high despite a pandemic and recession?

Andy Yan says local employment, interest rates, and pent-up demand may be driving a high turnover in homes in Langley. (SFU/special to the Langley Advance Times)
Win your Dream Home, Help BC’s Kids

Win your Dream Home, Help BC’s Kids

Get your tickets to win a multi-million dollar Grand Prize – and support BC Children’s Hospital

  • Aug 24, 2020
Win your Dream Home, Help BC’s Kids
Group publisher Lisa Farquharson has overseen the launch of Today’s Home a new online platform from Black Press Media. (Heather Colpitts/Black Press Media)

Black Press Media’s new real estate platform helps you Find. Love. Live. that new home

New web portal launches for Langley and Abbotsford but watch for it to expand in the coming months

Group publisher Lisa Farquharson has overseen the launch of Today’s Home a new online platform from Black Press Media. (Heather Colpitts/Black Press Media)
Canadian Real Estate Association says July marked a record high for home sales

Canadian Real Estate Association says July marked a record high for home sales

CREA says the actual national average price for homes sold in July was a record $571,500

Canadian Real Estate Association says July marked a record high for home sales
(The Canadian Press)

CMHC reports annual pace of housing starts climbed nearly 16% in July

Economists on average had expected an annual rate of 210,000

(The Canadian Press)
Stephen Jagger, co-founder of the real estate startup addy, stands outside the Starbucks at Yale and Airport in Chilliwack in July. The company is bringing the building online as an investment option for small investors in August, 2020, (Submitted photo)

Real estate startup opens market to small investors in Chilliwack

New company uses crowdfunding to make real estate investing more accessible to all

Stephen Jagger, co-founder of the real estate startup addy, stands outside the Starbucks at Yale and Airport in Chilliwack in July. The company is bringing the building online as an investment option for small investors in August, 2020, (Submitted photo)
Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld

Mortgage defaults after COVID-19 could look different than 2008, says economist

Deferrals were key to helping people keep their homes, economists say

Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Open houses resume, but the home-buying pastime has drastically changed

The situation is all the trickier when landlords look to show properties occupied by tenants

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

The large home, located on ALR land, is one of the last new mansions to legally be built on ALR land

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.
The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)

Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

You can own Jason Priestley’s Terrace Beach Resort in Ucluelet for less than $5 million

The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)
(The Canadian Press)

CMHC reports annual pace of housing starts in Canada increased in June

Rural starts were estimated at a seasonally adjusted annual rate of 15,006 units

(The Canadian Press)
Fraser Valley Real Estate Board says sales double in June, buyers returning to market

Fraser Valley Real Estate Board says sales double in June, buyers returning to market

Month’s property sales rebound 113% over May’s sales, 32% over June last year

Fraser Valley Real Estate Board says sales double in June, buyers returning to market
(The Canadian Press)

Greater Vancouver home sales start to tick up, with prices holding steady

Residential sales last month reached 2,443, a 64.5 per cent jump from May

(The Canadian Press)
FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS/Jonathan Hayward

B.C.’s real estate market shows ‘encouraging signs of recovery’ in May: association

Real estate listings, sales still down in B.C. as COVID recovery begins

FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS/Jonathan Hayward