Real estate

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

2021 home sales set Canadian new record, tops previous high by 20 per cent

CREA says about 667,000 residential properties changed hands in 2021

 

8408 Lawrence Rd. in Central Saanich sold last fall for its asking price of $22.75 million. According to BC Assessment, it was assessed at just under $11.15 million as of July 1, 2021. (Courtesy of Engel & Volkers)

Sold for $23-million, Island property assessed at half that

BC Assessment valued 8404 Lawrence Rd. in Central Saanich at just over $11 million.

 

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

 

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
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Crown Isle announces new partnership with Royal LePage in the Comox Valley

Crown Isle Resort & Golf Community is pleased to announce that Royal…

  • Dec 30, 2021
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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
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
8408 Lawrence Road sold for the record-breaking asking price of $22.75 million. Amenities include a full gym, tennis courts and a mechanical boat launch. (Engel & Volkers)

Greater Victoria’s priciest home ever goes for $22.75 million

Sale of Saanich Peninsula estate breaks Greater Victoria price record

8408 Lawrence Road sold for the record-breaking asking price of $22.75 million. Amenities include a full gym, tennis courts and a mechanical boat launch. (Engel & Volkers)
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
New housing inventory — like that being constructed in southwest Campbell River — is the only thing that will bring down real estate prices on Vancouver Island, according to VIREB. Photo by Sean Feagan / Campbell River Mirror.

VIREB: low inventory hurting real estate sales, increasing prices

More development is the solution, according to the Vancouver Island Real Estate Board

New housing inventory — like that being constructed in southwest Campbell River — is the only thing that will bring down real estate prices on Vancouver Island, according to VIREB. Photo by Sean Feagan / Campbell River Mirror.
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
Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan

CREA reports home sales down 8.4% month-over-month in June

CREA said 73,402 homes were listed in June, down 0.7 per cent from 73,912 in May

Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan
People walk past new homes for sale in Oakville, Ont., on Tuesday, April 14, 2009. THE CANADIAN PRESS/Nathan Denette

May home sales fell 7.4 per cent, but on pace for record level this year: CREA

Canadian Real Estate Association predicting 2021 will see transactions rise 23.8 per cent

People walk past new homes for sale in Oakville, Ont., on Tuesday, April 14, 2009. THE CANADIAN PRESS/Nathan Denette
White Rock’s 14635 Marine Dr. has been listed for $3,998,000. (Aaron Hinks photos)

PHOTOS: ‘Whimsical fairy tale’ B.C. house listed for $4 million

Owner wants to sell waterfront home in White Rock so she can buy a castle in France

White Rock’s 14635 Marine Dr. has been listed for $3,998,000. (Aaron Hinks photos)
A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

CREA says April home sales down 12.5 per cent from record high set in March

The actual national average home price was a little under $696,000 in April

A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick