Real estate

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

 

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

 

The number of real estate sales have cooled from the frenetic pace of six months ago. (Neil Corbett/The News)

Maple Ridge home sales continue slow in October

Sales down 46 per cent across the region, compared with 2021

The number of real estate sales have cooled from the frenetic pace of six months ago. (Neil Corbett/The News)
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
The number of real estate sales have cooled from the frenetic pace of six months ago. (Neil Corbett/The News)

House sales down 46 per cent in Maple Ridge, Pitt Meadows

Metro’s September sales down 36 per cent from 10-year average

The number of real estate sales have cooled from the frenetic pace of six months ago. (Neil Corbett/The News)
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)
Construction of the Edge 3 condo development in downtown Maple Ridge has begun, with the Edge 2 building visible in the background. Apartments are maintaining their value better than other property types in Maple Ridge. (Neil Corbett/The News)

Home sales and prices continue to drop in Maple Ridge and Pitt Meadows

Rising interest rates among factors cooling the real estate market

Construction of the Edge 3 condo development in downtown Maple Ridge has begun, with the Edge 2 building visible in the background. Apartments are maintaining their value better than other property types in Maple Ridge. (Neil Corbett/The News)
(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)
Debbie Sheppard has been in the real estate business for more than 20 years. (Special to The News)

Local apartment sales drop by 42 per cent

Listings and sales prices in Maple Ridge and Pitt Meadows for July continue to decline

Debbie Sheppard has been in the real estate business for more than 20 years. (Special to The News)
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
An artist’s drawing of La Riviere in Maple Ridge. (Special to The News)

New apartment complex coming to downtown Maple Ridge

La Riviere a six-storey building with 111 units, rooftop amenities

An artist’s drawing of La Riviere in Maple Ridge. (Special to The News)
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)
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 real estate market is cooling in Maple Ridge, Pitt Meadows and across the region. (File photo)

Real estate markets cooling off in Maple Ridge and Pitt Meadows

Sales of all property types dropping, prices coming down

The real estate market is cooling in Maple Ridge, Pitt Meadows and across the region. (File photo)