Real Estate News & Articles

Pace of New Home Price Growth Quickens in Vancouver: StatCan

2015-11-12

New housing price index steepens its growth rate in city and across BC, leading the country’s monthly increase, says statistics agency Joannah Connolly Other New home prices in the Vancouver Census Metropolitan Area (CMA) increased ag…

Demand, not buyer origin, key to Vancouver market: CMHC

2015-11-12

Peter Mitham Van. Courier Vancouver house prices are on track to post a 10.4 per cent increase this year over last, but the Canada Mortgage and Housing Corp. (CMHC) attributes the gain to the kinds of homes changing hands, not the participa…

Average Vancouver home price increases almost 16% over past year

2015-11-12

Repeat sales prices up 10% Emma Crawford Hampel Van. Courier Vancouver home prices continued to grow in October, with the average sale price increasing 15.6 per cent over the past year and the repeat sale prices increasing 9.83 per cent. Th…

BC Home Sales up 14% but North and South Markets Vary Wildly: BCREA

2015-11-12

Steady incline of provincial sales figures masks significant differences between thriving southern and resource-driven northern board stats Joannah Connolly Other Home sales across BC maintained their steady annual incline, although these f…

BC housing demand will ease but still remain high

2015-11-11

Steve Randall Other There will be an easing of the growth in home sales in British Columbia in 2016 but the market will continue to be stronger than average. This year has been booming with the BC Real Estate Association expecting full-year…

Housing Demand to East but Remain Elevated in 2016

2015-11-10

BCREA 2015 fourth quarter housing forecast Other Download Document

Canada's consumers owe $1.8 trillion as mortgages soar

2015-11-06

Steve Randall Other New figures from one of Canada’s largest banks and mortgage lenders shows the continuing growth of household debt. RBC’s report reveals that total consumer debt is now $1.8 trillion (at the end of September) …

Foreign investors may be buying majority of west-side Vancouver homes

2015-11-06

Ryan Smith Other A recent academic study shows that the majority of single-family homes purchased in Vancouver’s tony west-side neighbourhoods were likely bought by foreign investors. An academic study by city planner Andy Yan found t…

Market for Vancouver apartment buildings is ‘unrelenting’

2015-11-06

Ryan Smith Other Home prices in the Vancouver area are already Canada’s highest, with the average price for a single-family detached home hitting $1.58 million in October. But the apartment market is “unrelenting” as well,…

Canadian city property prices among world’s most inflated

2015-11-06

CRE Other Investors in the Vancouver property market are at risk of price correction in the near future, according to a report released by UBS at the end of last week. According to the UBS Global Real Estate Bubble Index, Vancouver has some…

Rhythm at 3281 East Kent Avenue 115 homes in two buildings by Polygon

2015-11-05

Other Download Document

Aging condos eyed for development

2015-11-04

Other Download Document

70% of buyers on Vancouvers west side were from Mainland China

2015-11-04

Justin da Rosa Other It may be a small-scale study, but the statistics are sobering: One association has a large portion of buyers in Vancouver over the past six months are likely mainland Chinese. An academic case study, entitled “Ow…

Vancouver home sales surge despite low supply - Consumer confidence hits 2015 high

2015-11-04

Steve Randall Other Home sales in Metro Vancouver were up by nine per cent in October compared to the month prior with 3,646 homes sold. Figures from the Real Estate Board of Greater Vancouver show that the year-over-year increase was 19.3 …

This city's house prices are now in "jaw dropping" territory

2015-11-04

CRE The Vancouver Sun Demand has far outstripped supply in the Vancouver housing market, driving prices skyward. The median price for a single-family detached home on the city’s west side hit $2.91 million last month. That’s a s…

Land speculators rendering condo prices ‘unsustainable’

2015-11-04

Frank O'Brien Van. Courier Rampant land speculation fuelled by an avalanche of offshore money has driven new condominium prices to the tipping point, a senior real estate analyst warns. “At a certain point buyers will just say ‘…

Condo Prices Surge as Vancouver Real Estate Continues Relentless Pace: REBGV

2015-11-03

Home sales up 19 per cent as prices rise 15.3 per cent – but dramatic rise in growth rate of condo prices is the biggest surprise Joannah Connolly Other Metro Vancouver real estate sales hit another peak in October, with the annual pr…

RBC does away with mortgage limits for foreigners

2015-11-02

Justin da Rosa Other The Royal Bank of Canada will no longer limit mortgage size for immigrant buyers in Vancouver. "We're seeing a lot of affluent newcomers looking to buy high-purchase price homes," Christine Shisler, RBC’s director…

Vacancy rates, rents on the rise

2015-11-02

Jennifer Paterson Other The average vacancy rate in Canada’s largest cities is on the rise, according to new data from Canada Mortgage and Housing Corporation. Its fall Rental Market Survey , published today, found that the average va…

Study claims Vancouver housing market dominated by Chinese

2015-11-02

Steve Randall Other Seventy per cent of detached homes in Vancouver’s west side were purchased by buyers from China, according to new academic study. The study was undertaken by Andy Yan, a Vancouver city planner and researcher, betwe…

Why Chinese property buyers are going mad for the Mediterranean nations

2015-10-31

Adrian Bishop Other The push by Chinese real estate buyers into the United States, Australia and the UK is well established, but now it seems as if they are increasingly targeting Mediterranean nations as well. Demand for property in Spain,…

Old Floodplain Maps Put British Columbians at Risk

2015-10-30

BCREA Other Only 21% of BC communities and First Nations have access to a floodplain map that is ten years old or less, according to the BC Floodplain Map Inventory Report , published by the British Columbia Real Estate Association (BCREA).…

300,000 Chinese Citizens were issued temporary resident Visas to Canada in 2014 which allows them to stay in Canada for up to 6 months a year for 10 years

2015-10-30

Vancouver house-buying frenzy leaves half-empty neighbourhoods Kathy Tomlinson Other When Clare Cullen looks out her windows or takes her dog for a walk, she said it often makes her sad. In every direction, she sees old houses sitting empty…

What you need to know about age and pet restiriction bylaws

2015-10-29

Other Download Document