Real estate

Construction cranes tower above condos under construction near southeast False Creek in Vancouver on February 9, 2020. A study from Canada Mortgage Housing Corp. says over 11,000 condos were added to the housing supply pool in Metro Vancouver last year, spurred in part by taxes on empty homes. THE CANADIAN PRESS/Darryl Dyck

Vacancy taxes put more rental condos in Metro Vancouver market: CMHC study

Vancouver council voted to increase empty homes tax from 1.25 per cent to three per cent for next year

 

The Hockley Motel in Mono, Ont., is shown in this undated handout photo. An Ontario motel that served as a backdrop for the beloved CBC sitcom “Schitt’s Creek” is up for sale. The Hockley Motel in Mono, about an hour’s drive northwest of Toronto, was listed for $2 million today. THE CANADIAN PRESS/HO - Colliers International

Calling all eccentric millionaires: ‘Schitt’s Creek’ motel up for sale for $2 million

The listing presents the 6.7-acre riverside property as a fixer-upper that would appeal to travellers

 

Yvonne Wysocki and Julia Greene collected donations last year for the Realtors Care blanket drive. This year the fundraising event has moved online due to concerns around the spread of COVID-19. (Langley Advance Times file)

Realtors Care Blanket Drive goes digital

Donations can be made until Nov. 27

 

A real estate sold sign is shown in a Toronto west end neighbourhood May 17, 2020. The Canadian Real Estate Association says home sales in October edged back from their all-time record high for monthly sales they set in September. THE CANADIAN PRESS/Graeme Roy

CREA says October home sales edged back from record high set in September

The actual national average home price also set another record in October at $607,250

A real estate sold sign is shown in a Toronto west end neighbourhood May 17, 2020. The Canadian Real Estate Association says home sales in October edged back from their all-time record high for monthly sales they set in September. THE CANADIAN PRESS/Graeme Roy
Regulatory agencies overseeing real estate professionals in B.C. have called for a halt to all open houses, across the province. (THE CANADIAN PRESS/Sean Kilpatrick)

B.C. realtors asked to halt open houses due to spike in COVID cases

The Real Estate Council of BC says as COVID-19 cases surge, open houses should stop

Regulatory agencies overseeing real estate professionals in B.C. have called for a halt to all open houses, across the province. (THE CANADIAN PRESS/Sean Kilpatrick)
Open houses could be off the table for the near future for realtors across B.C. (Langley Advance Times files)

Call off open houses to combat COVID: B.C. real estate groups

With numbers rising, real estate associations are calling for a temporary halt

Open houses could be off the table for the near future for realtors across B.C. (Langley Advance Times files)
THE CANADIAN PRESS/Sean Kilpatrick

Property sales hit an all-time record for October, says Fraser Valley Real Estate Board

High demand creates 4th month in a row of ‘record-breaking or near-record activity’

THE CANADIAN PRESS/Sean Kilpatrick
Millionaire Lottery spokesperson Todd Talbot, at the 2020 VGH Millionaire Lottery home in South Surrey.

Take a video tour of the Millionaire Lottery homes

Win this home: 6 bedrooms, 8 bathrooms and 6,453 sq.ft. of paradise in beautiful South Surrey!

  • Nov 2, 2020
Millionaire Lottery spokesperson Todd Talbot, at the 2020 VGH Millionaire Lottery home in South Surrey.
Open-concept plans include huge kitchen islands meant for eating, entertaining or just hanging out together.

Spectacular views and nature’s wonderland await you at this new Maple Ridge development

The grand opening of Bridle Ridge takes place Oct. 24, by appointment only

  • Oct 26, 2020
Open-concept plans include huge kitchen islands meant for eating, entertaining or just hanging out together.
(Black Press Media files)

B.C. suburbs could see increased demand for rental units as people work from home

Vancouver’s average monthly rent is the highest out of 35 cities across Canada

(Black Press Media files)
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick

Canada records record home sales for September, up 45.6% from 2019

Actual national average home price in September was a record $604,000

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. The Canadian Real Estate Association says home sales in September hit another record for the month as they continued to climb higher and prices soared.THE CANADIAN PRESS/Sean Kilpatrick
Townhouses under construction in Willoughby on Oct. 7, 2020. (Matthew Claxton/Langley Advance Times)

September sees record-breaking housing sales in Fraser Valley

Langley saw continued high home sales numbers

Townhouses under construction in Willoughby on Oct. 7, 2020. (Matthew Claxton/Langley Advance Times)
New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette

CMHC reports annual pace of housing starts in Canada fell 20 per cent in September

Economists had expected an annual rate of 240,000 starts in September

New home construction takes place in a development in Oakville, Ont., on Thursday, August 15, 2019. Canada Mortgage and Housing Corp. says that the pace of housing construction starts increased marginally overall last month compared with October, although there were declines in five provinces. THE CANADIAN PRESS/Nathan Denette
Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)

COVID-19 is reshaping what first-time homebuyers are looking for: BMO survey

Still, 40 per cent of potential first-time home owners think now is a good time to buy

Buying and selling a home comes with a lot of questions. (THE CANADIAN PRESS/Sean Kilpatrick)
Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

Housing market ‘moderately’ vulnerable amid potential overvaluation of homes: CMHC

CMHC says there was a ‘moderate degree of vulnerability’ in the housing market as of the end of June

Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward

CREA reports Canadian home sales climb again, set record for August

Compared with a year ago, sales in August were up 33.5 per cent

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. The Canadian Real Estate Association says home sales in August climbed 6.2 per cent compared with July to hit an all-time monthly record with gains led by the Greater Toronto Area and B.C.’s Lower Mainland. THE CANADIAN PRESS Jonathan Hayward
Andy Yan says local employment, interest rates, and pent-up demand may be driving a high turnover in homes in Langley. (SFU/special to the Langley Advance Times)

SFU housing expert explains Langley’s surprising real estate sales numbers

Why are housing sales still so high despite a pandemic and recession?

Andy Yan says local employment, interest rates, and pent-up demand may be driving a high turnover in homes in Langley. (SFU/special to the Langley Advance Times)
Townhouses under construction as part of the Emmaus Place affordable housing project in Langley Township on Nov. 13, 2019. (Langley Advance Times files)

Langley real estate sales shoot up in August

Detached house sales were up more than 50 per cent

Townhouses under construction as part of the Emmaus Place affordable housing project in Langley Township on Nov. 13, 2019. (Langley Advance Times files)
Win your Dream Home, Help BC’s Kids

Win your Dream Home, Help BC’s Kids

Get your tickets to win a multi-million dollar Grand Prize – and support BC Children’s Hospital

  • Aug 24, 2020
Win your Dream Home, Help BC’s Kids
Group publisher Lisa Farquharson has overseen the launch of Today’s Home a new online platform from Black Press Media. (Heather Colpitts/Black Press Media)

Black Press Media’s new real estate platform helps you Find. Love. Live. that new home

New web portal launches for Langley and Abbotsford but watch for it to expand in the coming months

Group publisher Lisa Farquharson has overseen the launch of Today’s Home a new online platform from Black Press Media. (Heather Colpitts/Black Press Media)