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Real Estate

Fewer listings in November lead to 20% drop in New West home sales: data

Fewer listings in November lead to 20% drop in New West home sales: data

Apartments were still the preferred buy, but it appears more New Westminster homeowners looking to sell held off on listing their properties.
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Report predicts single-family home prices in Whistler will rise 5% over next year

Report predicts single-family home prices in Whistler will rise 5% over next year

Royal LePage research says combination of cost of living, economic uneasiness and ‘unprecedented’ wildfires has led to cooling of recreational property market nationwide
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More first-time buyers bought homes in 2020 than 2018 in B.C.

More first-time buyers bought homes in 2020 than 2018 in B.C.

Buyers who were fresh to the housing market paid a median price that was $100,000 less than that paid by repeat buyers.
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Time's up for some short-term rentals in B.C., as new housing rules transform scene

Time's up for some short-term rentals in B.C., as new housing rules transform scene

VICTORIA — Nancy Paine's short-term rental business is dead in the water.
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B.C. housing plan could deliver 293,000 new units over next decade, says report

B.C. housing plan could deliver 293,000 new units over next decade, says report

The New Democrat government's ambitious homebuilding agenda could result in up to 293,000 new housing units over the next decade, according to a government-commissioned report highlighted Thursday by Premier David Eby.
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Investment firm McCredie set to acquire Sutton Group in Metro Vancouver real estate shake-up

Investment firm McCredie set to acquire Sutton Group in Metro Vancouver real estate shake-up

Ross McCredie best known for founding Sotheby’s International Realty Canada
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Downtown Kelowna retail, office space almost fully leased

Downtown Kelowna retail, office space almost fully leased

'There’s so much exciting growth downtown with all the density being added and the new businesses and restaurants.'
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Roughly half of first-time buyers likely to use first home savings account: BMO poll

Roughly half of first-time buyers likely to use first home savings account: BMO poll

TORONTO — A new survey suggests a little more than half of potential first-time homebuyers are interested in using a first home savings account, even though they don't know much about it.
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Saanich scraps housing study to focus on complying with new provincial rules

Saanich scraps housing study to focus on complying with new provincial rules

Instead of its “neighbourhood homes” study, staff will work on bringing Saanich’s zoning bylaws in line with the new provincial legislation and keeping the public informed
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Frank O'Brien (1949-2023)

Frank O'Brien (1949-2023)

Western Investor editor was a spirited and prolific writer about B.C. real estate.
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