Real estate

A for sale is sign is displayed in front of a house in the Riverdale area of Toronto on Wednesday, September 29, 2021. THE CANADIAN PRESS/Evan Buhler

2021 home sales set Canadian new record, tops previous high by 20 per cent

CREA says about 667,000 residential properties changed hands in 2021

 

Work was underway Tuesday, Nov. 30 on the site of the former Aldergrove Community Arena as it becomes a new seniors housing complex. (Dan Ferguson/Langley Advance Times)

Our View: Don’t count real estate chickens before they hatch

If you’re expecting house prices to keep going up forever – don’t

 

Home sales were stronger than usual in December in Langley, but fewer people were interested in selling their houses. (Langley Advance Times files)

Number of homes for sales in Langley crashes as prices keep rising

Very few homes were listed for sale in December

 

The home on this Greendale property in Chilliwack was apparently built by a Chinese VIP gambler connected to the RCMP’s investigation of money laundering at B.C. casinos. BC Assessment lists 6500 Chadsey Rd. as the most valuable property in Chilliwack in 2022 at $4.31 million. (Google Earth)

House on Chilliwack’s most valuable property list was built by Chinese VIP gambler

French-style mansion built by Rongxiang “Tiger” Yuan, a man reportedly tied to the Chinese military

The home on this Greendale property in Chilliwack was apparently built by a Chinese VIP gambler connected to the RCMP’s investigation of money laundering at B.C. casinos. BC Assessment lists 6500 Chadsey Rd. as the most valuable property in Chilliwack in 2022 at $4.31 million. (Google Earth)
A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018.  THE CANADIAN PRESS Jonathan Hayward

Real estate board says Metro Vancouver home sales hit record in 2021

Sales in 2021 rose 42.2 per cent over previous year and smashed a sales volume record set in 2015

A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018.  THE CANADIAN PRESS Jonathan Hayward
Langley’s most valuable house is 45,000 square feet and sits on the Fraser River. (Google Maps)

Priciest property in Langley valued at $21 million

Residential lots in Langley saw huge increases in price from last year

Langley’s most valuable house is 45,000 square feet and sits on the Fraser River. (Google Maps)
Chip Wilson’s Point Grey home clocked in as the highest valued in the province for yet another year. (Google Maps)

Chip Wilson’s pad, a Rock House and an island: Here are the most expensive homes in B.C.

BC Assessment releases list of highest valued residential properties in the province

Chip Wilson’s Point Grey home clocked in as the highest valued in the province for yet another year. (Google Maps)
Single-family houses in Langley rose in assessed value by more than a third in a year. (Langley Advance Times files)

Langley home values jump by more than $300,000 in one year

Local homes outpaced the provincial average with staggering increases

Single-family houses in Langley rose in assessed value by more than a third in a year. (Langley Advance Times files)
Houses are seen in an aerial view in Langley, B.C., on Wednesday May 16, 2018. Home sales in Metro Vancouver remain well below the 10 year average for the region but sellers continue to hold the upper hand as the Real Estate Board of Greater Vancouver says demand for properties is steady but buyers have little to choose from. THE CANADIAN PRESS/Darryl Dyck

B.C. home values increase by 22% for 2022, biggest changes in single-family houses

Breaking down what homeowners can expect, region by region

Houses are seen in an aerial view in Langley, B.C., on Wednesday May 16, 2018. Home sales in Metro Vancouver remain well below the 10 year average for the region but sellers continue to hold the upper hand as the Real Estate Board of Greater Vancouver says demand for properties is steady but buyers have little to choose from. THE CANADIAN PRESS/Darryl Dyck
compass

Sharing resources, sadness and joy — it’s all part of this new Langley community

Grassroots group is building a new kind of community where neighbours can rely on each other

  • Jan 3, 2022
compass
Work was underway Tuesday, Nov. 30 on the site of the former Aldergrove Community Arena as it becomes a new seniors housing complex. (Dan Ferguson/Langley Advance Times)

Year in Review: Langley real estate prices spiral higher

It cost a third more to buy a house in Langley by the end of 2021

Work was underway Tuesday, Nov. 30 on the site of the former Aldergrove Community Arena as it becomes a new seniors housing complex. (Dan Ferguson/Langley Advance Times)
The Real Estate Board of Greater Vancouver says home sales activity in the area for the month of October remain below long-term historical averages. A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward

Mortgage rates predicted return to pre-pandemic levels of 3% by late 2022, BCREA says

First rate increase from Bank of Canada is expected in mid-2022

The Real Estate Board of Greater Vancouver says home sales activity in the area for the month of October remain below long-term historical averages. A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward
Houses in Langley keep getting more expensive. (Langley Advance Times files)

Typical Langley house now costs more than $1.5 million

Prices are still increasing, but few people are selling homes and cashing in

Houses in Langley keep getting more expensive. (Langley Advance Times files)
FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward

B.C. housing market supply ‘historically low,’ could increase with rising mortgage rates

BCREA says that even with rising rates, it will take time for supply to recover

FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward
House construction in Summerland B.C. (Summerland Review)

B.C. moving to ‘cooling-off period’ to stabilize hot real estate market

‘Blind bidding’ adding to soaring home prices, finance minister says

House construction in Summerland B.C. (Summerland Review)
Relatively few homes changed hands in Langley in October, and fewer were for sale than in the last few years. (Matthew Claxton/Langley Advance Times)
Relatively few homes changed hands in Langley in October, and fewer were for sale than in the last few years. (Matthew Claxton/Langley Advance Times)
Katherine Gray and Patrick Hossack, Realtors, Hossack + Gray Real Estate, The Agency . Lia Crowe photo

Life & Style with Katherine Gray and Patrick Hossack

Brother and sister duo talk real estate, fashion and reading material

  • Oct 27, 2021
Katherine Gray and Patrick Hossack, Realtors, Hossack + Gray Real Estate, The Agency . Lia Crowe photo
The three-bedroom homes at Natura offer an abundance of natural light, forest views and plenty of living space.

Downsizing your home to upgrade your retirement life at Natura

A 3-bedroom ‘rancher in the sky’ is a great option for downsizers who want to leave the chores behind

  • Oct 25, 2021
The three-bedroom homes at Natura offer an abundance of natural light, forest views and plenty of living space.
Legacy on Park Avenue is 65 percent sold and only two-bedroom homes remain. Schedule a tour of 20416 Park Ave. at legacylangley.com/book-an-appointment, call 1-888-880-8283 or email sales@legacylangley.com.

A passion project built to wow… for generations

The centrepiece of Langley’s renaissance is a legacy building with unparalleled luxury homes

  • Oct 11, 2021
Legacy on Park Avenue is 65 percent sold and only two-bedroom homes remain. Schedule a tour of 20416 Park Ave. at legacylangley.com/book-an-appointment, call 1-888-880-8283 or email sales@legacylangley.com.
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

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