Real estate

(The Canadian Press)

CMHC reports annual pace of housing starts climbed nearly 16% in July

Economists on average had expected an annual rate of 210,000

(The Canadian Press)
Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld

Mortgage defaults after COVID-19 could look different than 2008, says economist

Deferrals were key to helping people keep their homes, economists say

Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Open houses resume, but the home-buying pastime has drastically changed

The situation is all the trickier when landlords look to show properties occupied by tenants

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

The large home, located on ALR land, is one of the last new mansions to legally be built on ALR land

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.
The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)

Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

You can own Jason Priestley’s Terrace Beach Resort in Ucluelet for less than $5 million

The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)
(The Canadian Press)

CMHC reports annual pace of housing starts in Canada increased in June

Rural starts were estimated at a seasonally adjusted annual rate of 15,006 units

(The Canadian Press)
Residential real estate market rebounding well: long-time realtor

Residential real estate market rebounding well: long-time realtor

House prices, sales, and listings in Langley are moving on an upward trajectory

Residential real estate market rebounding well: long-time realtor
(The Canadian Press)

Greater Vancouver home sales start to tick up, with prices holding steady

Residential sales last month reached 2,443, a 64.5 per cent jump from May

(The Canadian Press)
More than 30 winners take home Homebuilders Association Vancouver awards

More than 30 winners take home Homebuilders Association Vancouver awards

More than 400 entries were received for the virtual awards ceremony

More than 30 winners take home Homebuilders Association Vancouver awards
FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS/Jonathan Hayward

B.C.’s real estate market shows ‘encouraging signs of recovery’ in May: association

Real estate listings, sales still down in B.C. as COVID recovery begins

FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS/Jonathan Hayward
The The Homebuilders Association Vancouver is hosting its Housing Excellence awards online, in a livestream, on Friday, June 19, 2020. (HAVAN)

Homebuilders Association Vancouver to livestream excellence awards on June 19

Viewers will have a chance to win a $1,500 design consultations

The The Homebuilders Association Vancouver is hosting its Housing Excellence awards online, in a livestream, on Friday, June 19, 2020. (HAVAN)
Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees (The Canadian Press)

CMHC re-assessing policies through a racialized lens to eliminate discrimination

Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees

Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees (The Canadian Press)
Real estate market sees ‘thaw’ in Langley

Real estate market sees ‘thaw’ in Langley

Sales are still low, but are rebounding

Real estate market sees ‘thaw’ in Langley
Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

CMHC said average housing prices could fall anywhere from nine to 18 per cent in its forecast

Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan
A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

Multi-unit housing starts up in some parts of Canada in April despite COVID-19

CMHC estimates a 10.8 per cent month-over-month increase in its national seasonally adjusted annual rate

A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy
A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

Home prices won’t recover from COVID for at least 2 years, CMHC says

Preliminary figures indicate that about one in 10 Canadian home owners have deferred mortgage payments

A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy
The real estate market in Langley saw a 50 per cent drop in sales in April as the full effect of the pandemic kept people inside and disrupted the economy. (Langley Advance Times files)

Coronavirus hammers Langley housing market

Without buyers visiting open houses, sales dropped 50 per cent

The real estate market in Langley saw a 50 per cent drop in sales in April as the full effect of the pandemic kept people inside and disrupted the economy. (Langley Advance Times files)
Langley home sales were steady overall in March, but the numbers conceal rapid growth in early weeks, and a slump by the end of the month. (Black Press Media files)

Strong home sales in early March plunged as virus hit

Sales were trending upwards before physical isolation began

Langley home sales were steady overall in March, but the numbers conceal rapid growth in early weeks, and a slump by the end of the month. (Black Press Media files)
(THE CANADIAN PRESS/Chad Hipolito)

B.C. Real Estate Association calls for stop to open houses during pandemic

Association working with government to help secure relief funding for realtors

(THE CANADIAN PRESS/Chad Hipolito)
Surrey City Centre is the subject of a Home Buying 101 Forum hosted by Homebuilders Association Vancouver and BC Housing on March 24, 2020.(City of Surrey)

Home Buying 101 Forum cancelled due to COVID-19

Free event takes place March 24 at Surrey City Hall

Surrey City Centre is the subject of a Home Buying 101 Forum hosted by Homebuilders Association Vancouver and BC Housing on March 24, 2020.(City of Surrey)