Real Estate

Both the total dollar volume of home sales and the number of units changing hands in Greater Vancouver fell around 35% in May, according to new data from the British Columbia Real Estate Association (BCREA).

New Burnaby space selling for north of $400 per square foot

Use of 'cheap' foreign shrubs and trees is counterproductive, expert says

Realtors concerned about government's definition of what constitutes a conflict of interest

The average rent for a one-bedroom apartment in Vancouver was $2,090 in June, according to new data from PadMapper, making the city once again the most expensive in Canada for that home type.

Breathing space Several reports in the last week point to investors seeking breathing room, which means a break, if not a brake, for the market.

Lark Group announces major tenant, seeks more enterprises from surrounding cities

The B.C. Ministry of Housing of Municipal Affairs has backed down on a controversial amendment to the Residential Tenancy Act regarding fixed-term rentals. The amended Act came into effect May 17.

A widely quoted national report claiming British Columbia’s recreational real estate market will see the biggest price slump east of the Atlantic is challenged by local realtors and the latest sales statistics.

But overall trend remains positive, according to the association’s lead indicators