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Real Estate

Kootenay multi-family portfolio sale shows lure of B.C.'s small markets

Kootenay multi-family portfolio sale shows lure of B.C.'s small markets

Investor snapped up six buildings with a total of 242 rental suites for less than $97,000 per door, a fraction of comparable prices in Metro Vancouver
Home equity in Metro Â鶹´«Ã½Ó³»­has increased more than $400K since 2018: report

Home equity in Metro Â鶹´«Ã½Ó³»­has increased more than $400K since 2018: report

Most Canadian markets report increases in home equity above $150K
Surrey leads Metro Â鶹´«Ã½Ó³»­region in new industrial land projects

Surrey leads Metro Â鶹´«Ã½Ó³»­region in new industrial land projects

City claims 17 per cent of total industrial space under construction in Metro Vancouver
Metro Vancouver, Kelowna housing markets set to cool: Re/Max Canada

Metro Vancouver, Kelowna housing markets set to cool: Re/Max Canada

Both markets expected to see softening sales due to low supply and high mortgage rates

Canadian home prices forecasted to be flat this fall amid high interest rates: report

TORONTO — A new Re/Max Canada report forecasts the country's real estate market will soften this fall with average home prices predicted to remain flat as the housing market deals with high interest rates and a lack of homes for sale.
Â鶹´«Ã½Ó³»­on track to see home price stabilization amid higher borrowing costs: board

Â鶹´«Ã½Ó³»­on track to see home price stabilization amid higher borrowing costs: board

VANCOUVER — The Real Estate Board of Greater Â鶹´«Ã½Ó³»­says higher borrowing costs combined with seasonal patterns are putting the housing market on track to see slowing sales and price stabilization.
Vancouver's 'tiny shelter' village still not open, faces further delays

Vancouver's 'tiny shelter' village still not open, faces further delays

City council approved the 10-unit project on Terminal Avenue in February 2022.
Paul Sullivan: How city permits and fees help create unaffordable housing

Paul Sullivan: How city permits and fees help create unaffordable housing

Cities are vampires in the housing sector
Â鶹´«Ã½Ó³»­Island's largest residential land play forges ahead in Colwood

Â鶹´«Ã½Ó³»­Island's largest residential land play forges ahead in Colwood

Two neighbouring projects cover a total of 374 acres and will host more than 5,000 new homes even as B.C’s. residential market slows
More Canadians opting for home co-ownership amid affordability crunch: Royal LePage

More Canadians opting for home co-ownership amid affordability crunch: Royal LePage

TORONTO — Affordability is the top reason cited among Canadians who opted for co-ownership with family members and friends, according to a new Royal LePage survey.