Real Estate

Greater Vancouver home values high due to low inventory levels: Royal LePage

Royal LePage has released its 2017 Q4 House Price Survey (HPS) and it has found that the aggregate home price in Greater Vancouver has increased 8.2% year-over-year to $1,267,769.

Jan 10, 2018 1:03 PM Read more >

CRA targeting one Lower Mainland neighbourhood, comparing high home values to tax filings

Residents of some of the most exclusive neighbourhoods on the North Shore may be targeted by the Canada Revenue Agency (CRA) if their reported income does not appear to support their affluent lifestyles.

Jan 9, 2018 9:45 AM Read more >

New York-based firm buys Pure Industrial Real Estate Trust for $3.8b

Vancouver-based Pure Industrial Real Estate Trust (PIRET) (TSX:AAR.

Jan 9, 2018 9:06 AM Read more >

Businesses give city’s commercial rent controls the cold shoulder

Rent consultation While the province revamped residential tenancy regulations last fall by eliminating a loophole allowing landlords to sign tenants to annual leases that would reset (rather than renew) at the end of each year, and nixing landlords’

Jan 8, 2018 11:00 PM Read more >

Active listings dropping across the board in Fraser Valley

Apartment sales put pressure on supply as market hot spots like North Surrey create unbalanced market

Jan 5, 2018 1:32 PM Read more >

B.C. government bumps up homeowner grant threshold

Land values have increased, but the vast majority of homeowners in British Columbia will still be eligible for the 2018 homeowner grant this year, as the provincial government has increased the threshold for the grant to $1.65 million.

Jan 4, 2018 2:05 PM Read more >

Foreign buyers ‘dominate’ high-end house sales in Vancouver

National study also finds the city leads in luxury condo prices

Jan 3, 2018 12:15 PM Read more >

Lululemon founder Chip Wilson once again has B.C.’s most expensive property

Chip Wilson, founder of Lululemon Athletica, has been found once again to be the owner of the most expensive property in British Columbia, according to BC Assessment data released this week.

Jan 3, 2018 8:12 AM Read more >

Greater Vancouver home assessments up 1-30% in 2018: BC Assessment

Homeowners across Greater Vancouver have seen their residences being assessed at values that are slightly higher than they were a year ago, according to BC Assessment data published January 2.

Jan 2, 2018 9:35 AM Read more >

B.C. real estate not good home for Bitcoin transactions

Real Estate Council forbids brokers from accepting cryptocurrencies

Jan 2, 2018 7:08 AM Read more >