Real estate

The Canadian Real Estate Association says home sales fell for the fifth consecutive month between June and July but this month’s drop was the smallest of the five. A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Canadian home sales fall for fifth month in a row, down 29% from last July: CREA

New listings in July totalled 73,436, down six per cent from last July

The Canadian Real Estate Association says home sales fell for the fifth consecutive month between June and July but this month’s drop was the smallest of the five. A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Brown areas are within a five-minute walk of one of the planned local SkyTrain stations. Areas in tan are within a 10-minute walk. (Langley City OCP)

Most land on Langley City SkyTrain route already bought by developers: realtor

Langley City land assemblages are ready to be redeveloped over the next few years

Brown areas are within a five-minute walk of one of the planned local SkyTrain stations. Areas in tan are within a 10-minute walk. (Langley City OCP)
Chads Island sits off the northwest shore of Princess Margaret Marine Park (Portland Island). (Photo courtesy of Unique Properties)

You can own your own private B.C. island for $2.9M

Chads Island has swimmable beaches and a protected dock

Chads Island sits off the northwest shore of Princess Margaret Marine Park (Portland Island). (Photo courtesy of Unique Properties)
(Canadian Press file photo)

Benchmark price for single-family PQB home hovers near $1M mark

July price up 20 per cent over previous year

(Canadian Press file photo)
While the benchmark value for condos in the Greater Victoria core fell sightly from June to July, the West Shore saw a slight gain. However, condo values across the region have jumped significantly in value from a year ago. (Black Press Media file photo)

Greater Victoria home market slowdown means calmer buying and selling scenarios

Victoria Real Estate Board figures show significant jump in condo prices in a year

While the benchmark value for condos in the Greater Victoria core fell sightly from June to July, the West Shore saw a slight gain. However, condo values across the region have jumped significantly in value from a year ago. (Black Press Media file photo)
Policies recommended include investments in public housing, mandatory inclusionary zoning and tying rent increases to units rather than individual tenancies. THE CANADIAN PRESS/Darryl Dyck

British Columbians support progressive housing policies to combat affordability crisis: poll

The soaring cost of housing is the single biggest component of the affordability crisis in B.C.

Policies recommended include investments in public housing, mandatory inclusionary zoning and tying rent increases to units rather than individual tenancies. THE CANADIAN PRESS/Darryl Dyck
5462 Stonebridge Dr, Whistler is listed at $39 million. (Photo: MLS listing Maggi Thornhill/Engel & Volkers Whistler).

Whistler $39M home tops list of most expensive houses for sale in Canada

Houses in Vancouver and Surrey on list of top 10 pricey homes on the market in big cities

5462 Stonebridge Dr, Whistler is listed at $39 million. (Photo: MLS listing Maggi Thornhill/Engel & Volkers Whistler).
A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

June home sales down 24% from last year, 6% since May: CREA

Drops attributed to pressures tied to Bank of Canada’s continued hikes to its key interest rate.

A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy
A render of a planned building by developer Stober Group, that focuses on adding a deep sense of community for its residents (Photo from Stober Group)

B.C. is the loneliest province; developers are looking at ‘micro-communities’ to change that

B.C. ranks dead-last for life satisfaction

A render of a planned building by developer Stober Group, that focuses on adding a deep sense of community for its residents (Photo from Stober Group)
The latest figures from the Victoria Real Estate Board show home sales were down in June, while inventory and benchmark values climbed compared to both May and June 2021. (Black Press Media file photo)

Victoria home sales cool in June

Latest figures show sales down, while prices continue to rise

The latest figures from the Victoria Real Estate Board show home sales were down in June, while inventory and benchmark values climbed compared to both May and June 2021. (Black Press Media file photo)
Commissioner Austin Cullen listens to a question while meeting with reporters after releasing his report from his Inquiry into Money Laundering in British Columbia in Vancouver, B.C., Wednesday, June 15, 2022. THE CANADIAN PRESS/Rich Lam

B.C. money laundering report calls for new law enforcement unit, provincial office

Commissioner estimates billions laundered in B.C. every year

Commissioner Austin Cullen listens to a question while meeting with reporters after releasing his report from his Inquiry into Money Laundering in British Columbia in Vancouver, B.C., Wednesday, June 15, 2022. THE CANADIAN PRESS/Rich Lam
This waterfront Oak Bay estate sold for $13,195,000. (Courtesy Sotheby’s International Realty Canada)

$13M Oak Bay waterfront estate sets new listing service record

Priciest sale in Greater Victoria hit $22M in 2021

This waterfront Oak Bay estate sold for $13,195,000. (Courtesy Sotheby’s International Realty Canada)
The Greater Victoria 2030 District encompasses a corridor through the heart of the Victoria and Saanich business and urban residential districts. It has been named a finalist in this year’s Real Estate Foundation of B.C.’s Land Awards in the built environment category. (Greater Victoria 2030 District/Google Maps)

Greater Victoria 2030 District named finalist in provincial real estate awards

Winners are set to be announced at a gala June 9

The Greater Victoria 2030 District encompasses a corridor through the heart of the Victoria and Saanich business and urban residential districts. It has been named a finalist in this year’s Real Estate Foundation of B.C.’s Land Awards in the built environment category. (Greater Victoria 2030 District/Google Maps)
(CP File photo)

Needle in a haystack: 2 PQB homes listed for less than $200,000

Lowest-priced home in area listed for $153K

(CP File photo)
A real estate sign is pictured in Vancouver on June, 12, 2018. The regulator for British Columbia’s real estate sector has recommended that the province adopt a so-called “cooling-off” period of three business days to protect people buying a home, through legislation tabled this spring. THE CANADIAN PRESS Jonathan Hayward

B.C. financial regulator advises three-day ‘cooling-off’ period for homebuyers

B.C. Financial Services Authority: with exceptions, buyers should not be allowed to waive period

A real estate sign is pictured in Vancouver on June, 12, 2018. The regulator for British Columbia’s real estate sector has recommended that the province adopt a so-called “cooling-off” period of three business days to protect people buying a home, through legislation tabled this spring. THE CANADIAN PRESS Jonathan Hayward
Debbie Simmonds outside the exp Realty office on Willow Street in Chemainus. (File photo by Don Bodger)

Chemainus realtor urges those needing to sell their houses to act fast

Market conditions changing rapidly with interest rate hikes

Debbie Simmonds outside the exp Realty office on Willow Street in Chemainus. (File photo by Don Bodger)
A Saanich home listing is attracting a lot of attention on social media after being featured in a TikTok video. (Courtesy Realtor.ca)

Saanich home featured in ‘creepy’ listings goes viral with TikTok video

Listed for almost $800,000, a sale is pending on the Gordon Head home

A Saanich home listing is attracting a lot of attention on social media after being featured in a TikTok video. (Courtesy Realtor.ca)
A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. A wave of buyer’s remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months. THE CANADIAN PRESS/Graeme Roy

Worry, buyer’s remorse high as real estate market slowdown materializes

Country experienced a 25.7 per cent drop in the number of homes sold over the last year

A real estate sale sign is shown in a west-end Toronto neighbourhood Saturday, March 7, 2020. A wave of buyer’s remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months. THE CANADIAN PRESS/Graeme Roy
Houses for sale in a new subdivision in Airdrie, Alta., Friday, Jan. 28, 2022. The Canadian Real Estate Association says the pace of home sales fell in April as mortgage rates moved higher. THE CANADIAN PRESS/Jeff McIntosh

CREA reports home sales down in April as mortgage rates rise

Number of homes sold dropped by 25.7 per cent to 54,894 last month from 73,907 in April 2021

Houses for sale in a new subdivision in Airdrie, Alta., Friday, Jan. 28, 2022. The Canadian Real Estate Association says the pace of home sales fell in April as mortgage rates moved higher. THE CANADIAN PRESS/Jeff McIntosh
A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck

Higher interest rates push homes sales in B.C. back toward normal: association

British Columbia Real Estate Association estimates a balanced market is at least a year away

A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck