Blogs

Victoria is now second only to Richmond in the number of residential real estate transactions in this province involving foreign buyers. According to data from October, 6.3% of the sales in the Capital Regional District were to non-residents. This volume is almost double the amount of September transactions.

Continuing to chase Vancouver investment property, investors are willing to pay a hefty price to get their hands on any.

Gregor Robertson, the mayor of Vancouver, has called on provincial lawmakers to take action in tackling issues of housing affordability, low vacancy rates and renovictions.

Seeking an overhaul of BC rental legislation, Robertson says that over half of the city’s households are renters and low vacancy rates are making rents unaffordable.

Set to hit the country's largest real estate market, this year could see the micro condo taking off.

With more single people wanting homes and higher prices making some Canadian cities unaffordable for single and low income households, smaller homes may prove to be the solution.

Vancouver hit a new record for high end sales in 2014.

Vancouver has been identified as one of the most unaffordable cities in the world in a study of major property markets.

The latest Teranet-National Bank Composite House Price Index revealed a slight drop in Canada's house prices last December. Repeat sales of single-family homes also slipped by 0.2 per cent from the month earlier.