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Real Estate

B.C. home sales continue fall, down 25% in August

B.C. home sales continue fall, down 25% in August

The dollar volume of homes sold through the Multiple Listing Service (MLS) in B.C. declined 25.4% to $2.6 billion in August compared with the same month last year, according to the BC Real Estate Association (BCREA).
Canadian home sales decline; Vancouverites still priced out of market

Canadian home sales decline; Vancouverites still priced out of market

Home sales across Canada shrank on a month-over-month basis in August by 5.8%, the largest decline since June 2010, according to TD Economics. Sales contracted in five of the past six months, according to a TD Economics report released Monday.
Vancouver's home reno market: dealing with unregulated mayhem

Vancouver's home reno market: dealing with unregulated mayhem

Part one: Metro Vancouver's home reno market is a $3.8 billion industry without a safety net. In this first part of BIV-CBC joint investigative series Renovation Reality, we look at how professionals strive to reclaim credibility in a business going rogue
Multifamily projects fuel Metro Vancouver housing starts

Multifamily projects fuel Metro Vancouver housing starts

Multi-family developments are driving Metro Vancouver housing starts upwards, according to Canada Mortgage and Housing Corp. numbers released September 11. Housing starts in multi-family developments rose 29% to 1,417 in August.
Surrey's tallest tower hinges on pre-sales

Surrey's tallest tower hinges on pre-sales

If sales miss target for $100 million highrise, in which City of Surrey has $13 million stake, developer will have to delay construction
Brighter prospects for recreational property sales

Brighter prospects for recreational property sales

Vacation property market recovers as Vancouver residential sales continue to slide
Construction in Lower Mainland on upward trend

Construction in Lower Mainland on upward trend

Construction in the Lower Mainland is on an upswing, according to the Vancouver Regional Construction Association. The value of building permits for the Lower Mainland and Southwest region of B.C. was $841.
Greater Vancouver home sales drop 31% in August

Greater Vancouver home sales drop 31% in August

Home sales in the Greater Vancouver area in August were the second lowest since 1998, according to a new Real Estate Board of Greater Vancouver (REBGV) report.
U.S. housing turnaround buoys B.C. forestry sector

U.S. housing turnaround buoys B.C. forestry sector

Sales increase for B.C. lumber makers, nail producers and kitchen cabinet suppliers as U.S. housing starts hit four-year high
Vancouver’s Olympic Village finally strikes gold

Vancouver’s Olympic Village finally strikes gold

Brisk condo sales, leased retail revitalize Village and help city reduce Games debt