Real Estate News

Home sellers once again getting the upper hand as demand exceeds supply, especially among condos and townhomes

A Burnaby councillor is calling on the provincial government to expand the mandate of ICBC to include strata insurance amid a crisis that has seen rates climb as much as 300% in one year.

Strata property owners – and those who rent from them – are looking at unprecedented costs, while some strata buildings risk losing their insurance entirely

Home sales in January 2020 were 42.4 per cent higher than one year previously, reports board, while inventory remains low

The southwest corner of Bainbridge and Lougheed in Burnaby used to be a bustling little neighbourhood hub. I especially enjoyed hanging out in the Soho bar that now sits empty. It’s sat empty for a long time – years even.

A judge has declined to award special costs against a businessman who was ordered to pay $1.15 million in outstanding commissions after flipping a bundle of Burnaby lowrise apartments for a $6.67-million profit.

Burnaby has set a dubious mark when it comes to available rental housing, pushing local rents even higher. Burnaby saw Metro Vancouver’s largest decline in overall vacancy rates, dropping from two per cent to 1.

Is this the year that the myth linking property taxes and assessment values will finally be debunked?

Two friends of mine, a couple, bought a condo in New Westminster in 2016 for about $450,000. It's their first property and they love the place. It's a two-bedroom with two baths, it has a beautiful view and a balcony, and it has room for their cat.