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Real Estate

Home prices in Q4 down year-over-year, first decline since end of 2008: report

Home prices in Q4 down year-over-year, first decline since end of 2008: report

TORONTO — A report by Royal LePage says the median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis.
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B.C. owners and renters have highest housing expense in Canada, survey finds

B.C. owners and renters have highest housing expense in Canada, survey finds

2022 was a financial whirlwind, with record-breaking gas prices, rising inflation rates, and overall high living costs.
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Canada will see weakest level of homes sales since 2001 this year: TD report

Canada will see weakest level of homes sales since 2001 this year: TD report

TORONTO — A new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.
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Indigenous group seeks control of $300M housing fund

Indigenous group seeks control of $300M housing fund

Funds are part of a new federal $4.3 billion Indigenous Housing strategy to support improvements to First Nation and Metis housing
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Sale of troubled Atmosphere project in Richmond put on hold

Sale of troubled Atmosphere project in Richmond put on hold

New building permit required to secure best value for the assets
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‘Next to impossible:’ B.C. real estate industry faces many roadblocks to completing purpose-built rentals

‘Next to impossible:’ B.C. real estate industry faces many roadblocks to completing purpose-built rentals

Changes will be needed in 2023 to accommodate high costs, interest rates and competitive government programs in order to meet immigration and housing targets
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Here are the five most expensive homes in Vancouver

Here are the five most expensive homes in Vancouver

BC Assessment has released its 2023 data; here's what's on top
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Advocacy group calls for cap on rent hikes for new residential tenants

Advocacy group calls for cap on rent hikes for new residential tenants

Together Against Poverty Society is advocating for a vacancy control system
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Vancouver homebuyers prove willing, but listings are weak

Vancouver homebuyers prove willing, but listings are weak

Housing sales accounted for more than 100 per cent of new listings added in Greater Vancouver during December
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B.C. home sales suffer steep slide in November

B.C. home sales suffer steep slide in November

Following October’s uptick, B.C. home sales cratered in November by 9.5 per cent to reach a seasonally-adjusted 4,849 units. Actual sales fell 50 per cent from a year ago.
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