Real estate

A for sale sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, Sept. 29, 2021. Brokers say prospective buyers who have grown tired of going up against dozens of competitors to snag a home are starting to get some relief from the frenzy seen earlier this year in many markets. THE CANADIAN PRESS/Evan Buhler

Fewer home bids easing competition for some, but prices still high: brokers

Toronto, Vancouver and Montreal brokers say plenty of properties are seeing fewer offers

A for sale sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, Sept. 29, 2021. Brokers say prospective buyers who have grown tired of going up against dozens of competitors to snag a home are starting to get some relief from the frenzy seen earlier this year in many markets. THE CANADIAN PRESS/Evan Buhler
(File photo)
(File photo)
Homes are pictured in Vancouver, Tuesday, Apr 16, 2019. THE CANADIAN PRESS/Jonathan Hayward

Real Estate Board of Greater Vancouver says April home sales down

April sales were 1.5 per cent above the 10-year sales average for the month

Homes are pictured in Vancouver, Tuesday, Apr 16, 2019. THE CANADIAN PRESS/Jonathan Hayward
Figures from the Victoria Real Estate Board show April sales dropped more than 26 per cent relative to the same period last year as 824 properties changed hands. (Black Press Media file photo)

Inflation, higher interest rates deflate home sales in Greater Victoria

Experts speak of a turning market with more ‘rational bidding’

Figures from the Victoria Real Estate Board show April sales dropped more than 26 per cent relative to the same period last year as 824 properties changed hands. (Black Press Media file photo)
Metro Vancouver real estate agents say the frenzy on house sales is slowing, but it doesn’t necessarily mean the price tag will drop. (Black Press Media file photo)

Metro Vancouver experts weigh in as RBC predicts cooling of B.C. housing market

Buyer frenzy beginning to slow, but sales still steady, real estate agents say

Metro Vancouver real estate agents say the frenzy on house sales is slowing, but it doesn’t necessarily mean the price tag will drop. (Black Press Media file photo)
Steam rises from buildings in Calgary, Alta., Wednesday, Feb. 8, 2017. THE CANADIAN PRESS/Jeff McIntosh

Priced out of Ontario, homebuyers turn their eyes to the Calgary real estate market

Alberta realtors buzzing about what they say is an unusually high number of inquiries from Ontario

Steam rises from buildings in Calgary, Alta., Wednesday, Feb. 8, 2017. THE CANADIAN PRESS/Jeff McIntosh
An aerial view of houses in Oshawa, Ont. is shown on Saturday, Nov. 11, 2017. New data from Statistics Canada shows multiple-property owners held between 30 and 40 per cent of the housing stock in Ontario, British Columbia, Nova Scotia and New Brunswick. THE CANADIAN PRESS/Lars Hagberg

Multiple-property holders own upwards of 41% of housing in some provinces: StatCan

Top 10 per cent of owners in those provinces earn more than the bottom 50 per cent combined

An aerial view of houses in Oshawa, Ont. is shown on Saturday, Nov. 11, 2017. New data from Statistics Canada shows multiple-property owners held between 30 and 40 per cent of the housing stock in Ontario, British Columbia, Nova Scotia and New Brunswick. THE CANADIAN PRESS/Lars Hagberg
This home, located in the 9600-block of Fifth Street, is currently listed for $1.350 million with two nearby properties listed for the same price. New figures from VREB show the benchmark for single-family homes in Sidney was just over $1 million in March. (Wolf Depner/News Staff)

Homeownership a $1 million dream in most of Greater Victoria

3 communities left in Greater Victoria with single-family home benchmarks below $1 million

This home, located in the 9600-block of Fifth Street, is currently listed for $1.350 million with two nearby properties listed for the same price. New figures from VREB show the benchmark for single-family homes in Sidney was just over $1 million in March. (Wolf Depner/News Staff)
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018.The Real Estate Board of Greater Vancouver says home sales picked up between February and March but are still down from a year ago. THE CANADIAN PRESS Jonathan Hayward

Vancouver’s March home sales up 27% since February: B.C. real estate board

Rebound still behind the pace of sales in March one year ago

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018.The Real Estate Board of Greater Vancouver says home sales picked up between February and March but are still down from a year ago. THE CANADIAN PRESS Jonathan Hayward
(File photo)
(File photo)
The 62-acre island north of Fort St. James is selling for $319,000. (Submitted photo)

You could buy this ‘rare’ private island in B.C. for just over $300,000

An entire island in the Nation Lakes north of Fort St. James is up for grabs

The 62-acre island north of Fort St. James is selling for $319,000. (Submitted photo)
Simon Phillips and Karen Kenyon (left) of Royal LePage Parksville-Qualicum present a cheque of $50,000 to Shannon McRae and Lola Graham-McRae (right) as the recipient of the Dream Home Project Initiative cash award on March 18, 2022. (Mandy Moraes photo)

Nanaimo resident announced as Dream Home Project Initiative $50K recipient

Money awarded by Parksville Qualicum Beach realtors toward first-time home purchase

Simon Phillips and Karen Kenyon (left) of Royal LePage Parksville-Qualicum present a cheque of $50,000 to Shannon McRae and Lola Graham-McRae (right) as the recipient of the Dream Home Project Initiative cash award on March 18, 2022. (Mandy Moraes photo)
The Canadian Real Estate Association says February’s national home sales ticked up by 4.6 per cent from the month before as supply slowly returned to the market, but sales were still down by more than eight per cent since last year. A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

Canada’s average home price hit record $816,720 last month as supply began to rebound

National average home price climbed by more than 20 per cent since last year: CREA

The Canadian Real Estate Association says February’s national home sales ticked up by 4.6 per cent from the month before as supply slowly returned to the market, but sales were still down by more than eight per cent since last year. A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy
(PQB News file photo)
(PQB News file photo)
Like so many houses in the region, Al Siebring’s place in Chemainus isn’t expected to stay on the market long after going up for sale Friday. (Photo by Don Bodger)

North Cowichan mayor’s house goes on the market

Selling part of the Siebrings’ relocation process to Alberta

Like so many houses in the region, Al Siebring’s place in Chemainus isn’t expected to stay on the market long after going up for sale Friday. (Photo by Don Bodger)
The British Columbia Real Estate Association wants the province to establish a process that balances offer transparency for buyers with privacy concerns. (file)

B.C. realtors criticize proposed cooling-off period for home buyers

Proposed legislation will let homebuyers back out of a deal for a property

The British Columbia Real Estate Association wants the province to establish a process that balances offer transparency for buyers with privacy concerns. (file)
The village is over a century old and is an important historical site and was at one point the gateway to the mountaneering community in the Canadian Rockies. (RE/MAX photo)

Saving Golden’s Swiss Village: Dr. Johann Roduit and Dr. Ilona Spaar reflect on iconic B.C. spot

The historic Edelweiss Village has been for sale for over a year, and preservation talks are moving

The village is over a century old and is an important historical site and was at one point the gateway to the mountaneering community in the Canadian Rockies. (RE/MAX photo)
A sign outside a home indicates that it has been rented, in Ottawa, on Monday, March 1, 2021. THE CANADIAN PRESS/Justin Tang

National rental price up 3% from last year, while vacancy rates hold steady: CMHC

The national vacancy rate sat at 3.1 per cent last year

A sign outside a home indicates that it has been rented, in Ottawa, on Monday, March 1, 2021. THE CANADIAN PRESS/Justin Tang
Statistics Canada’s most recent census shows those who moved to the region in 2019/2020 have come mostly from within B.C. (Screen Grab)

Duncan luring newcomers from elsewhere on Vancouver Island

More than 550 moved north from Victoria, according to the latest census

Statistics Canada’s most recent census shows those who moved to the region in 2019/2020 have come mostly from within B.C. (Screen Grab)
Real estate sales slowed down in Greater Victoria in January but affordability remains an ongoing concern in the face of low inventory and soon-to-be-expected rising interest rates. (Black Press Media file photo)

Prices trend upward as real estate sales slow down in Greater Victoria

Benchmark price for a single-family home on the West Shore was $962,400 in January

Real estate sales slowed down in Greater Victoria in January but affordability remains an ongoing concern in the face of low inventory and soon-to-be-expected rising interest rates. (Black Press Media file photo)