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Real Estate News

CBC-hosted forum debates state of region's housing

CBC-hosted forum debates state of region's housing

Higher housing prices, rather than higher power, drew crowds to fill Brighouse United Church in Richmond Wednesday night
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Realtors and developers brace for sustained downturn

Realtors and developers brace for sustained downturn

'Fear, not fundamentals' causing Metro Vancouver market slowdown
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New Westminster residents are spending too much on housing, report finds

New Westminster residents are spending too much on housing, report finds

According to the latest numbers released in the 2018 Canadian Rental Housing Index, an increasing number of renters in New Westminster are spending far too much of their income just to put a roof over their heads.
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86% of British Columbians want to curb foreign and speculative investment

86% of British Columbians want to curb foreign and speculative investment

Six in 10 survey respondents think it’s time to consider a foreign buyer ban on B.C. real estate
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Millennials driving Canada’s hot real estate market

Millennials driving Canada’s hot real estate market

Despite high prices, six in 10 Canadian millennials already own a home
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Realtor to donate massive commission from $13.8m listing to World Housing

Realtor to donate massive commission from $13.8m listing to World Housing

A top-producing Vancouver real estate agent, known for her luxury listings and land-assembly deals , has pledged to donate her entire commission from her $13.8 million West Side listing to global housing charity World Housing.
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Coolest April for Metro Vancouver home sales in 17 years

Coolest April for Metro Vancouver home sales in 17 years

Metro Vancouver home sales saw the coolest April for 17 years, with the Real Estate Board of Greater Vancouver (REBGV) admitting that “market conditions are changing.
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New Westminster moves forward with project on La Rustica site

New Westminster moves forward with project on La Rustica site

New Westminster city council supports a proposed development on the former La Rustica restaurant site even though some area residents have little appetite for what’s being proposed. The city has received an application to rezone 228 and 232 Sixth St.
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New West council rejects rowhouse proposal on Royal Avenue

New West council rejects rowhouse proposal on Royal Avenue

New Westminster city council is sending a proposed rowhouse development on Royal Avenue back to the drawing board. On Monday night, council considered a rezoning application for 118 Royal Ave.
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Buyers, be warned: fixed mortgage rates going up at Big Banks

Buyers, be warned: fixed mortgage rates going up at Big Banks

CIBC announced Tuesday (May 1) that it would be following TD Bank and RBC’s recent moves in raising its fixed mortgage rates, with a 15 basis-point increase taking its five-year fixed rate to 5.14 per cent.
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