Real estate

(Real Estate Board of Greater Vancouver/Special to The News)

Maple Ridge and Pitt Meadows homes highest risers

2021 was a record setting year in Lower Mainland real estate

(Real Estate Board of Greater Vancouver/Special to The News)
The home on this Greendale property in Chilliwack was apparently 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 in 2022 at $4.31 million. (Google Earth)

House on Chilliwack’s most valuable property list was built by Chinese VIP gambler

French-style mansion built by Rongxiang “Tiger” Yuan, a man reportedly tied to the Chinese military

The home on this Greendale property in Chilliwack was apparently 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 in 2022 at $4.31 million. (Google Earth)
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018.  THE CANADIAN PRESS Jonathan Hayward

Real estate board says Metro Vancouver home sales hit record in 2021

Sales in 2021 rose 42.2 per cent over previous year and smashed a sales volume record set in 2015

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018.  THE CANADIAN PRESS Jonathan Hayward
Chip Wilson’s Point Grey home clocked in as the highest valued in the province for yet another year. (Google Maps)

Chip Wilson’s pad, a Rock House and an island: Here are the most expensive homes in B.C.

BC Assessment releases list of highest valued residential properties in the province

Chip Wilson’s Point Grey home clocked in as the highest valued in the province for yet another year. (Google Maps)
Houses are seen in an aerial view in Langley, B.C., on Wednesday May 16, 2018. Home sales in Metro Vancouver remain well below the 10 year average for the region but sellers continue to hold the upper hand as the Real Estate Board of Greater Vancouver says demand for properties is steady but buyers have little to choose from. THE CANADIAN PRESS/Darryl Dyck

B.C. home values increase by 22% for 2022, biggest changes in single-family houses

Breaking down what homeowners can expect, region by region

Houses are seen in an aerial view in Langley, B.C., on Wednesday May 16, 2018. Home sales in Metro Vancouver remain well below the 10 year average for the region but sellers continue to hold the upper hand as the Real Estate Board of Greater Vancouver says demand for properties is steady but buyers have little to choose from. THE CANADIAN PRESS/Darryl Dyck
compass

Sharing resources, sadness and joy — it’s all part of this new Langley community

Grassroots group is building a new kind of community where neighbours can rely on each other

  • Jan 3, 2022
compass
Gloria Hamilton stood in front of a home in Maple Ridge’s Academy Park subdivision, which in early 2021 sold well for over the asking price. (News files)
Construction continues on the Sierra Ridge condominium development on 224th Street, which will complete 82 units in 2022. (News files)

Real estate market will hit new records, predict realtors

Another 12-per-cent house price increase predicted in Maple Ridge and Pitt Meadows during 2022

Gloria Hamilton stood in front of a home in Maple Ridge’s Academy Park subdivision, which in early 2021 sold well for over the asking price. (News files)
Construction continues on the Sierra Ridge condominium development on 224th Street, which will complete 82 units in 2022. (News files)
The Real Estate Board of Greater Vancouver says home sales activity in the area for the month of October remain below long-term historical averages. A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward

Mortgage rates predicted return to pre-pandemic levels of 3% by late 2022, BCREA says

First rate increase from Bank of Canada is expected in mid-2022

The Real Estate Board of Greater Vancouver says home sales activity in the area for the month of October remain below long-term historical averages. A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward
FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward

B.C. housing market supply ‘historically low,’ could increase with rising mortgage rates

BCREA says that even with rising rates, it will take time for supply to recover

FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward
Pre-sales for the new Sierra Ridge development on 224th Street have been steady. (Neil Corbett/The News)

Housing market still favours sellers in Maple Ridge-Pitt Meadows

Lack of inventory across Metro Vancouver keeps prices up

Pre-sales for the new Sierra Ridge development on 224th Street have been steady. (Neil Corbett/The News)
House construction in Summerland B.C. (Summerland Review)

B.C. moving to ‘cooling-off period’ to stabilize hot real estate market

‘Blind bidding’ adding to soaring home prices, finance minister says

House construction in Summerland B.C. (Summerland Review)
Katherine Gray and Patrick Hossack, Realtors, Hossack + Gray Real Estate, The Agency . Lia Crowe photo

Life & Style with Katherine Gray and Patrick Hossack

Brother and sister duo talk real estate, fashion and reading material

  • Oct 27, 2021
Katherine Gray and Patrick Hossack, Realtors, Hossack + Gray Real Estate, The Agency . Lia Crowe photo
The downtown Vancouver skyline is seen at sunset, as houses line a hillside in Burnaby, B.C., on Saturday, April 17, 2021. Home sales across Metro Vancouver remained well above the 10-year average in September, but the Real Estate Board of Greater Vancouver says prices haven’t climbed as sharply. THE CANADIAN PRESS/Darryl Dyck

Home demand still outstrips supply in Metro Vancouver but price hikes slow: report

Composite benchmark price for all residential properties in Metro Vancouver just under $1.2 million

The downtown Vancouver skyline is seen at sunset, as houses line a hillside in Burnaby, B.C., on Saturday, April 17, 2021. Home sales across Metro Vancouver remained well above the 10-year average in September, but the Real Estate Board of Greater Vancouver says prices haven’t climbed as sharply. THE CANADIAN PRESS/Darryl Dyck
Natura On Forest’s Edge is just 73 homes on five floors nestled right into Horn Creek Park,  in Abbotsford. There are just a few homes remaining, starting in the mid-$500s.

Your home in the woods, tucked away in the heart of Abbotsford!

It’s not just close to the forest, it’s also sustainably built with eco-friendly amenities

  • Sep 27, 2021
Natura On Forest’s Edge is just 73 homes on five floors nestled right into Horn Creek Park,  in Abbotsford. There are just a few homes remaining, starting in the mid-$500s.
A real estate sign is pictured in Vancouver on June 12, 2018. THE CANADIAN PRESS/Jonathan Hayward

Homes listed for sale in Metro Vancouver have fallen to lows not seen since 2016

New home built during the pandemic, with a specific focus on projects for the rental market

A real estate sign is pictured in Vancouver on June 12, 2018. THE CANADIAN PRESS/Jonathan Hayward
The real estate market is cooling due to a lack of supply. (Black Press)

Home sales dip in Maple Ridge and Pitt Meadows during August

Lack of real estate on the market across Greater Vancouver

The real estate market is cooling due to a lack of supply. (Black Press)
Harrison Ridge’s bright and spacious 3- to 4-bedroom West Coast homes are designed for family living, and offer views to the Fraser River and Woodside Mountain.

Community amenities meet the great outdoors in Harrison Ridge

The much-anticipated launch of Phase 4 of the Harrison Ridge development in…

  • Aug 30, 2021
Harrison Ridge’s bright and spacious 3- to 4-bedroom West Coast homes are designed for family living, and offer views to the Fraser River and Woodside Mountain.
A real estate sold sign hangs in front of a property Friday. (THE CANADIAN PRESS/Special to The News)

Housing market moderates in July

Maple Ridge, Pitt Meadows real estate still attracts multiple offers

A real estate sold sign hangs in front of a property Friday. (THE CANADIAN PRESS/Special to The News)
A house is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price index. THE CANADIAN PRESS/Sean Kilpatrick

Canadian home prices up 16% in June for largest 12-month gain on record, says index

Halifax led with prices climbing 30.8 per cent over the past year

A house is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price index. THE CANADIAN PRESS/Sean Kilpatrick
New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Annual pace of housing starts in Canada slowed in June: CMHC

The seasonally adjusted annual rate of housing starts fell 1.5% to 282,070 units in June compared to 286,296 in May

New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick
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