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Real Estate News

Damp April for B.C. home sales, average price down 6.2 per cent: BCREA

Damp April for B.C. home sales, average price down 6.2 per cent: BCREA

Listing inventory builds up across the province, although some regions remain in seller’s market territory
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Letter: If developers really cared about affordability, they’d be hailing downturn in prices

Letter: If developers really cared about affordability, they’d be hailing downturn in prices

Re: “Lower Mainland's presale home absorption rate sees dismal April: report,” online, May 6.
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Updated: How deep is the housing market slowdown in your area? (INFOGRAPHIC)

Updated: How deep is the housing market slowdown in your area? (INFOGRAPHIC)

Metro Vancouver map shows which municipalities are in buyer's markets and how much prices have declined in each
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Opinion: No more secrets on who holds property titles

Opinion: No more secrets on who holds property titles

The two lengthy reports on how serious B.C.’s money laundering problem is both dwell on the lack of transparency in real estate ownership. But one of the key moves to correct that is already in the works.
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Find Vancouver real estate expensive? Check out these exorbitant markets

Find Vancouver real estate expensive? Check out these exorbitant markets

Vancouver is certainly pricey, but average per-square-foot price for a downtown condo pales in comparison with some global cities
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Task force lists 10 things Burnaby can do right now for the housing crisis

Task force lists 10 things Burnaby can do right now for the housing crisis

"Quick starts" range from tenant relocation to a land value capture for people profiting off of real estate speculation
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Real estate drop doesn't make it a buyers' market yet

Real estate drop doesn't make it a buyers' market yet

What does the housing market slowdown mean for buyer choice and affordability? A financial expert weighs in
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Opinion: ‘$5B dirty money in B.C. real estate’ guesstimate based on standard formula

Opinion: ‘$5B dirty money in B.C. real estate’ guesstimate based on standard formula

Numbers reported by expert panel were calculated using estimates and extrapolations based off an internationally used model – not the panel’s investigations into real estate industry
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Opinion: Solution to money laundering that totalled $7.4B last year? Paperwork

Opinion: Solution to money laundering that totalled $7.4B last year? Paperwork

The solution to rampant money laundering in B.C. is to bury the bad guys in forms, disclosure requirements and paperwork. That includes the lawyers and all the other sectors who inadvertently or otherwise get involved in shady real-estate deals.
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Vancouver mall next to City Hall sold for more than double assessed value

Vancouver mall next to City Hall sold for more than double assessed value

Despite vacant stores, City Square shopping centre sold for $225 million in blockbuster deal, likely due to site's massive redevelopment potential
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