Real estate

THE CANADIAN PRESS/Sean Kilpatrick

Property sales hit an all-time record for October, says Fraser Valley Real Estate Board

High demand creates 4th month in a row of ‘record-breaking or near-record activity’

THE CANADIAN PRESS/Sean Kilpatrick
Open-concept plans include huge kitchen islands meant for eating, entertaining or just hanging out together.

Spectacular views and nature’s wonderland await you at this new Maple Ridge development

The grand opening of Bridle Ridge takes place Oct. 24, by appointment only

  • Oct 26, 2020
Open-concept plans include huge kitchen islands meant for eating, entertaining or just hanging out together.
(Black Press Media files)

B.C. suburbs could see increased demand for rental units as people work from home

Vancouver’s average monthly rent is the highest out of 35 cities across Canada

(Black Press Media files)
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick

Canada records record home sales for September, up 45.6% from 2019

Actual national average home price in September was a record $604,000

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick
New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette

CMHC reports annual pace of housing starts in Canada fell 20 per cent in September

Economists had expected an annual rate of 240,000 starts in September

New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette
Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)

COVID-19 is reshaping what first-time homebuyers are looking for: BMO survey

Still, 40 per cent of potential first-time home owners think now is a good time to buy

Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)
An acreage on a former golf course? It’s a hole in one!

An acreage on a former golf course? It’s a hole in one!

Board horses, start a vineyard, open a driving range or follow your own home-based business dream

  • Sep 28, 2020
An acreage on a former golf course? It’s a hole in one!
Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

Housing market ‘moderately’ vulnerable amid potential overvaluation of homes: CMHC

CMHC says there was a ‘moderate degree of vulnerability’ in the housing market as of the end of June

Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward

CREA reports Canadian home sales climb again, set record for August

Compared with a year ago, sales in August were up 33.5 per cent

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward
Andy Yan says local employment, interest rates, and pent-up demand may be driving a high turnover in homes in Langley. (SFU/special to the Langley Advance Times)

SFU housing expert explains Lower Mainland’s surprising real estate sales numbers

Why are housing sales in Langley, and the region, still so high despite a pandemic and recession?

Andy Yan says local employment, interest rates, and pent-up demand may be driving a high turnover in homes in Langley. (SFU/special to the Langley Advance Times)
Property sales in Maple Ridge and Pitt Meadows have been surprisingly strong this summer. (The News files)

Home sales strong despite COVID-19 economy

Realtor says prices in Maple Ridge-Pitt Meadows make it attractive to buyers

Property sales in Maple Ridge and Pitt Meadows have been surprisingly strong this summer. (The News files)
Maple Ridge realtor Debi Pearce was recognized by the regional real estate board for her kindness in donating a kidney to a past client’s son. (Special to The News)

VIDEO: Maple Ridge realtor lauded for life-saving kindness

Debi Pearce was recognized by the Real Estate Board of Greater Vancouver

Maple Ridge realtor Debi Pearce was recognized by the regional real estate board for her kindness in donating a kidney to a past client’s son. (Special to The News)
Win your Dream Home, Help BC’s Kids

Win your Dream Home, Help BC’s Kids

Get your tickets to win a multi-million dollar Grand Prize – and support BC Children’s Hospital

  • Aug 24, 2020
Win your Dream Home, Help BC’s Kids
Canadian Real Estate Association says July marked a record high for home sales

Canadian Real Estate Association says July marked a record high for home sales

CREA says the actual national average price for homes sold in July was a record $571,500

Canadian Real Estate Association says July marked a record high for home sales
Real Estate sales beat a 10-year average for July. (Black Press file photo)

Real Estate sales top 10-year average

Sales were way up in Maple Ridge and Pitt Meadows in July

Real Estate sales beat a 10-year average for July. (Black Press file photo)
(The Canadian Press)

CMHC reports annual pace of housing starts climbed nearly 16% in July

Economists on average had expected an annual rate of 210,000

(The Canadian Press)
Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld

Mortgage defaults after COVID-19 could look different than 2008, says economist

Deferrals were key to helping people keep their homes, economists say

Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Open houses resume, but the home-buying pastime has drastically changed

The situation is all the trickier when landlords look to show properties occupied by tenants

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

The large home, located on ALR land, is one of the last new mansions to legally be built on ALR land

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.
The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)

Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

You can own Jason Priestley’s Terrace Beach Resort in Ucluelet for less than $5 million

The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)