Real estate

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

 

A construction worker on a lift works on one of a series of condo buildings under construction on Langley’s 200th Street in June. (Langley Advance Times files)

House prices in Langley pass $1.4 million

Detached houses saw the steepest rise in prices in September

 

A construction worker on a lift works on one of a series of condo buildings under construction on Langley’s 200th Street in June, 2021. (Langley Advance Times files)

Our View: Housing affordability a no-win situation

Someone is going to get hurt no matter what happens

  • Oct 1, 2021

 

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
A construction worker on a lift works on one of a series of condo buildings under construction on Langley’s 200th Street in June, 2021. Thousands of units of housing are under construction in Langley City and Township. (Matthew Claxton/Langley Advance Times)

Number of houses for sale in Langley way down in August

Fewer people want to sell homes than are able to buy

A construction worker on a lift works on one of a series of condo buildings under construction on Langley’s 200th Street in June, 2021. Thousands of units of housing are under construction in Langley City and Township. (Matthew Claxton/Langley Advance Times)
The site of the proposed towers. (Township of Langley)

High rise tower project in Willoughby moves ahead

A local developer is opening a sales centre next month

The site of the proposed towers. (Township of Langley)
The price of single family homes in Langley actually dropped very slightly from June – but it’s still over $1.3 million. (Langley Advance Times files)

Fewer homes for sale in Langley, but prices barely budge in July

The region is seeing a supply crunch, but buyers are taking their time

The price of single family homes in Langley actually dropped very slightly from June – but it’s still over $1.3 million. (Langley Advance Times files)
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
Townhouses for sale in the Willoughby neighbourhood of Langley. (Langley Advance Times files)

Langley home prices flat as buying frenzy ebbs

The market has moved from ‘extreme’ to ‘strong’ says head of FVREB

Townhouses for sale in the Willoughby neighbourhood of Langley. (Langley Advance Times files)
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)
Langley home prices continued to rise, while sales dropped from frantic highs hit earlier in the spring. (Black Press Media files)

Sales cool slightly, prices still going up in Langley housing market

Sales and new listings remain higher than average for recent years

Langley home prices continued to rise, while sales dropped from frantic highs hit earlier in the spring. (Black Press Media files)
Larry Clay (left) on a job site, reviewing plans. (Special to Langley Advance Times)

Langley builder appointed national industry president

No longer a teacher, new CHBA chair Larry Clay still thrilled to keep learning and sharing

Larry Clay (left) on a job site, reviewing plans. (Special to Langley Advance Times)
Long-time Langley realtor and associate broker Deanna Horn offers tips in today’s multiple-offer housing market. (Special to Langley Advance Times)

Being prepared is key in Langley’s multi-offer market

Long-time realtor gives some tips to potential homebuyers in today’s climate

Long-time Langley realtor and associate broker Deanna Horn offers tips in today’s multiple-offer housing market. (Special to Langley Advance Times)
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
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

Budget’s foreign-homebuyers tax could bring in $509 million over 4 years, PBO says

Liberals are proposing a one per cent tax on vacant homes owned by foreign non-residents

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
Ozzie Jurrock. Photography by Lia Crowe

The Visionary

Ozzie Jurrock wrote the book on real estate

  • May 7, 2021
Ozzie Jurrock. Photography by Lia Crowe
B.C. average home price and sales level to 2023, showing steep drop in sales expected next year. (Central 1)

Forecast calls for B.C. home sales to ‘explode,’ then drop off

Average price to rise another 10% in 2021, credit unions say

B.C. average home price and sales level to 2023, showing steep drop in sales expected next year. (Central 1)