Real estate

A home at 249 King George Terrace in south Oak Bay sold after 14 years on the Greater Victoria real estate market. (Engels and Volkers photo)

Oak Bay ‘masterpiece’ finally sells after 14 years on Greater Victoria market

Prices for this mansion went on a roller coaster ride

 

Clam Bay Farm. (Courtesy Sotheby’s International Realty Canada)

Pender Island listing has wow factor – and $20M price tag

Property is 105 acres

  • Aug 26, 2023

 

A report by Re/Max Canada says the prices for detached houses in Toronto, Vancouver and B.C.’s Fraser Valley saw upward momentum in the first half of the year, but average prices fell short of those seen last year in most neighbourhoods. Houses are seen in a neighbourhood on the side of a mountain, in Maple Ridge, B.C., on Thursday, August 17, 2023. THE CANADIAN PRESS/Darryl Dyck

Detached home prices down in Toronto, Vancouver and Fraser Valley: report

Close to 93 per cent of detached houses in Toronto and Vancouver posted a decline in values

 

Home prices in Canada continued to rise in July, according to the Teranet-National Bank composite index. A real estate sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

Home prices post second-biggest monthly jump since 2006

Teranet-National Bank composite index for July was up 2.4% from June

Home prices in Canada continued to rise in July, according to the Teranet-National Bank composite index. A real estate sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler
A house on Midland Road in Oak Bay has a lot going for it with five bedroom suites, 12 bathrooms, three kitchens and a turntable that rotates your vehicle in the garage. (Photo from Zillow)

‘White elephant’ Oak Bay mansion languishes on market as upscale sales slow

Mansions priced as high as $11.5M sitting on market for hundreds of days

A house on Midland Road in Oak Bay has a lot going for it with five bedroom suites, 12 bathrooms, three kitchens and a turntable that rotates your vehicle in the garage. (Photo from Zillow)
(Image by congerdesign from Pixabay)

B.C. real estate agent fined $20,000 after swigging milk at home showing

Man caught on camera chugging straight from jug he pulled from fridge in Kamloops home

(Image by congerdesign from Pixabay)
Conditions are attached to the latest pending sale of the St. Joseph’s School building and surrounding property. (Photo by Don Bodger)

Latest St. Joseph’s School sale in Chemainus not a done deal

Vancouver-based Influent Group must meet several conditions before proceeding with development plan

Conditions are attached to the latest pending sale of the St. Joseph’s School building and surrounding property. (Photo by Don Bodger)
A fan presents her self-drawn Carey Price painting to the goaltender at Homebase 2022 in Kelowna. (Jake Courtepatte/Capital News)

NHL star Carey Price coming home to B.C. full-time

Canadiens goalie and family have moved out of their Montreal home

A fan presents her self-drawn Carey Price painting to the goaltender at Homebase 2022 in Kelowna. (Jake Courtepatte/Capital News)
This is the view of a house on Dallas Road in Victoria that is for sale for more than $3 million. (Pemberton Homes photo)

Small Victoria house with killer view soars past $3M as market surges

Greater Victoria real estate market sees huge sales jump

This is the view of a house on Dallas Road in Victoria that is for sale for more than $3 million. (Pemberton Homes photo)
While home prices in Greater Victoria have stabilized, the Victoria Real Estate Board chair warns they could rise if inventory doesn’t keep up with spring demand. (Black Press Media file photo)

More inventory needed to supply spring demand in Greater Victoria real estate market

Prices stabilizing but could increase if inventory doesn’t keep up with demand, VREB chair warns

While home prices in Greater Victoria have stabilized, the Victoria Real Estate Board chair warns they could rise if inventory doesn’t keep up with spring demand. (Black Press Media file photo)
Mountains loom behind homes under construction in Canmore, Alta., Monday, April 24, 2023.THE CANADIAN PRESS/Jeff McIntosh

Average home price will not revert to pre-pandemic levels this year: CMHC

Prices expected to bottom out this quarter before starting to rise again

Mountains loom behind homes under construction in Canmore, Alta., Monday, April 24, 2023.THE CANADIAN PRESS/Jeff McIntosh
January 19, 2023 - Realtor Brianne Mactier stands on 1st Avenue, Ladysmith's main street.. Don Denton photo

Life and Style with Brianne Mactier

Positive energy is powerful

  • Apr 12, 2023
January 19, 2023 - Realtor Brianne Mactier stands on 1st Avenue, Ladysmith's main street.. Don Denton photo
This Oak Bay property has a bizarre kitchen. (Photo from Realtor.ca)

Ancient Oak Bay house with weird kitchen selling for $11.5M as Victoria real estate rebounds

Home was built by the family that founded Butchart Gardens

This Oak Bay property has a bizarre kitchen. (Photo from Realtor.ca)
Tedorian Gallano, right, and his wife Nicole Gallano, stand outside their home in Waianae, Hawaii, on Feb. 26, 2023. Hawaii's housing shortage has set off a population decline and grown so acute it has sparked widespread concern many of Hawaii's children won't be able to afford living in their homeland as adults. (AP Photo/Audrey McAvoy)

Spiraling housing prices spark worry about Hawaii’s future

Tedorian Gallano would like to buy a house for his wife and…

Tedorian Gallano, right, and his wife Nicole Gallano, stand outside their home in Waianae, Hawaii, on Feb. 26, 2023. Hawaii's housing shortage has set off a population decline and grown so acute it has sparked widespread concern many of Hawaii's children won't be able to afford living in their homeland as adults. (AP Photo/Audrey McAvoy)
Murrayville House was for a time a project of developer Mark Chandler, before debts and lawsuits forced it into receivership. Some units were sold two, three, even four times before the courts got involved. (Matthew Claxton/Langley Advance Times)

Fraud in B.C.: Developer twice convicted in U.S. leaves condo chaos in Langley

Mark Chandler has never been convicted in Canada

Murrayville House was for a time a project of developer Mark Chandler, before debts and lawsuits forced it into receivership. Some units were sold two, three, even four times before the courts got involved. (Matthew Claxton/Langley Advance Times)
The Canadian Real Estate Association is about to release the February numbers. A sold sign is shown in front of west-end Toronto homes Sunday, April 9, 2017. THE CANADIAN PRESS/Graeme Roy

Canadian home sales drop 40 per cent in February compared with year ago

February sales were comparable to what was recorded during the same month in 2018 and 2019

The Canadian Real Estate Association is about to release the February numbers. A sold sign is shown in front of west-end Toronto homes Sunday, April 9, 2017. THE CANADIAN PRESS/Graeme Roy
In Saanich, there is a “hotel-inspired” estate at 4823 Major Rd. that is on the market for nearly $7.9 million. (Realtor.ca photo)

‘Hotel-inspired’ Saanich estate on sale for $7.9M even as Victoria real estate sinks 36%

Some big price tags bucking the housing trend

In Saanich, there is a “hotel-inspired” estate at 4823 Major Rd. that is on the market for nearly $7.9 million. (Realtor.ca photo)
Located at 1804-845 Johnson St. in Victoria, this condo is on the market for $499,900. (Realtor.ca)

A look at $500,000 listings across Canada

While it’s the benchmark for B.C.’s first-time home buyers’ program, it won’t go far in Greater Victoria

Located at 1804-845 Johnson St. in Victoria, this condo is on the market for $499,900. (Realtor.ca)
New Statistics Canada data shows investors made up almost one third of home owners in some provinces in 2020. Houses and townhouses are seen in an aerial view, in Langley, B.C., on Wednesday May 16, 2018. THE CANADIAN PRESS/Darryl Dyck

Investors made up 20 to 30% of homeowners in some provinces: Statistics Canada

Investors in British Columbia came in at 23.3 per cent followed by 20.4 per cent in Manitoba

New Statistics Canada data shows investors made up almost one third of home owners in some provinces in 2020. Houses and townhouses are seen in an aerial view, in Langley, B.C., on Wednesday May 16, 2018. THE CANADIAN PRESS/Darryl Dyck
A new home is displayed for sale in a new housing development. THE CANADIAN PRESS/Sean Kilpatrick

Victoria real estate hit by ‘multiple offer madness’ even as home sales fall off a cliff, say buyers

But some good news is the listings inventory is starting to rebound

A new home is displayed for sale in a new housing development. THE CANADIAN PRESS/Sean Kilpatrick