Real Estate

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 Toronto family’s home was sold without their knowledge while they were out of the city. Now the Better Business Bureau is offering tips to residents of B.C. (Graeme Roy/THE CANADIAN PRESS)

How to avoid scammers from selling your home from underneath you

After two home title fraud scams in Toronto, the Better Business Bureau offers tips to avoid this scam

A Toronto family’s home was sold without their knowledge while they were out of the city. Now the Better Business Bureau is offering tips to residents of B.C. (Graeme Roy/THE CANADIAN PRESS)
Shelter costs in Kelowna only differ by $78/month between renters and owners. (@khzny/Twitter)

Under $80 difference between rent, mortgage prices in Kelowna the smallest in Canadian major cities

Shelter costs are just $78/month more as a homeowner

Shelter costs in Kelowna only differ by $78/month between renters and owners. (@khzny/Twitter)
A Global News report revealed the home on this Greendale property was built by a Chinese VIP gambler connected to the RCMP's investigation of money laundering at B.C. casinos. BC Assessment lists 6500 Chadsey Rd. as the most valuable property in Chilliwack for 2023 at $4.735 million. (Google Earth)

Highest valued property in Chilliwack was built by Chinese VIP gambler

Once again number 1 on list of BC Assessment’s top 10 local properties at $4.37 million

A Global News report revealed the home on this Greendale property was built by a Chinese VIP gambler connected to the RCMP's investigation of money laundering at B.C. casinos. BC Assessment lists 6500 Chadsey Rd. as the most valuable property in Chilliwack for 2023 at $4.735 million. (Google Earth)
Snow-covered houses and the downtown skyline are seen in Vancouver, B.C., Wednesday, Nov. 30, 2022.The British Columbia government is boosting the homeowner grant threshold to $2.125 million for this year as average property values increase by 12 per cent.THE CANADIAN PRESS/Darryl Dyck

B.C. government increases homeowner grant limit as home values rise by 12 per cent

Highest valued home in the province is a $74 million Vancouver waterfront compound

Snow-covered houses and the downtown skyline are seen in Vancouver, B.C., Wednesday, Nov. 30, 2022.The British Columbia government is boosting the homeowner grant threshold to $2.125 million for this year as average property values increase by 12 per cent.THE CANADIAN PRESS/Darryl Dyck
A house for sale sign. (Paul Henderson/ Chilliwack Progress)

B.C. analyst says new real estate cooling-off period tilts power towards buyers

New rescission period takes effect Jan. 3

A house for sale sign. (Paul Henderson/ Chilliwack Progress)
Four season resort providing year-round activities, including downhill ski resort and three golf courses. (//www.uniqueproperties.ca)

Resort featuring Canada’s largest natural hot springs pool – here in B.C. – up for sale

Fairmont Hot Springs Resort is located near Invermere

Four season resort providing year-round activities, including downhill ski resort and three golf courses. (//www.uniqueproperties.ca)
Snow-covered houses and the downtown skyline are seen after a snowstorm, in Vancouver on November 30, 2022. British Columbia’s property assessment agency is warning homeowners that figures released next month will likely be higher than the current market value.THE CANADIAN PRESS/Darryl Dyck

B.C. property assessments higher, but market has changed: assessor

Homeowners warned they are about to receive assessments that won’t reflect current values

Snow-covered houses and the downtown skyline are seen after a snowstorm, in Vancouver on November 30, 2022. British Columbia’s property assessment agency is warning homeowners that figures released next month will likely be higher than the current market value.THE CANADIAN PRESS/Darryl Dyck
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in October were up 1.3 per cent from September, the first monthly gain since February. THE CANADIAN PRESS Jonathan Hayward

Canadian October home sales up from September, first monthly increase since February

Greater Vancouver was up six per cent, offset in part by a 2.4 per cent drop in Montreal

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in October were up 1.3 per cent from September, the first monthly gain since February. THE CANADIAN PRESS Jonathan Hayward
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward

Vancouver home sales down 46% from last year, 13% from September: board

Composite benchmark price for Metro Vancouver sat at $1,148,900

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward
Prime Minister Justin Trudeau tours a rental housing development in Vancouver, Monday, Feb. 11, 2019. The federal government is hoping to help more Canadians become homeowners through a new rent-to-own initiative, but experts are warning it may not be the best pathway for everyone. THE CANADIAN PRESS/Jonathan Hayward

Rent-to-own can help create homeowners, but experts say may not be best for everyone

Liberals plan a $200-million investment in a five-year rent-to-own program

Prime Minister Justin Trudeau tours a rental housing development in Vancouver, Monday, Feb. 11, 2019. The federal government is hoping to help more Canadians become homeowners through a new rent-to-own initiative, but experts are warning it may not be the best pathway for everyone. THE CANADIAN PRESS/Jonathan Hayward
David and Amanda Horvath look over the looming cliff of a landslide behind their home at 5412 McConnell Crescent in Terrace, B.C. (Michael Bramadat-Willcock/Terrace Standard)

Couple’s ‘dream home’ at risk of sliding into northwest B.C. river

Families look on helplessly as property erodes into river behind them

David and Amanda Horvath look over the looming cliff of a landslide behind their home at 5412 McConnell Crescent in Terrace, B.C. (Michael Bramadat-Willcock/Terrace Standard)
(Black Press Media Creative)

Canada’s real estate market is cooling. Here’s what to expect this fall

Realtors, economists at odds over how long pricing slide will last and how low it will go

(Black Press Media Creative)
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)
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)