Real estate

Langley City and Township will use BC Assessment info to determine this year’s property taxes. Assessments are in the mail and can be seen online now. (Langley Advance Times files)

Property values up in Langley Township, City

BC Assessment’s annual property value assessments are out

Langley City and Township will use BC Assessment info to determine this year’s property taxes. Assessments are in the mail and can be seen online now. (Langley Advance Times files)
FILE – Construction cranes tower above condos under construction near southeast False Creek in Vancouver on February 9, 2020. THE CANADIAN PRESS/Darryl Dyck

B.C. property values went up 4.2% in 2020 as most homeowners see ‘moderate increases’

Every region in B.C. reported a zero to 10 per cent increase in valuation, although individual cities differ

FILE – Construction cranes tower above condos under construction near southeast False Creek in Vancouver on February 9, 2020. THE CANADIAN PRESS/Darryl Dyck
(The Canadian Press)

1st-time homebuyers see new opportunities, challenges in pandemic economy

Canadians are willing to give a child, family member an average of $60,513 to help them buy a home

(The Canadian Press)
Houses are seen in an aerial view, in Langley, B.C., on Wednesday, May 16, 2018. A company that supports hundreds of credit unions across Canada predicts British Columbia’s housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump. THE CANADIAN PRESS/Darryl Dyck

B.C. housing market to remain vibrant through the new year: report

The report also forecasts a firmer rental market through 2022 as economic conditions normalize

Houses are seen in an aerial view, in Langley, B.C., on Wednesday, May 16, 2018. A company that supports hundreds of credit unions across Canada predicts British Columbia’s housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump. THE CANADIAN PRESS/Darryl Dyck
Michele Cartwright, Langley-based realtor, participated in the Realtors Care Charity Drive #PassTheDonation promo video to help raise funds in lieu of collecting clothing items due to COVID-19. (Laurie Dawson/Special to Langley Advance Times)

Realtors Care Blanket Drive raises thousands for Langley charities

Typically the group would collect clothing items, but this year raised funds

Michele Cartwright, Langley-based realtor, participated in the Realtors Care Charity Drive #PassTheDonation promo video to help raise funds in lieu of collecting clothing items due to COVID-19. (Laurie Dawson/Special to Langley Advance Times)
A real estate sold sign is shown in a Toronto west end neighbourhood May 17, 2020. The Canadian Real Estate Association says home sales rose 32.1 per cent in November compared with the same month last year, matching the record-breaking year-over-year increase seen in October. THE CANADIAN PRESS/Graeme Roy

Home sales shoot up 32.1% year-over-year in November

CREA says the average price is $122,000 lower excluding the Greater Vancouver and Greater Toronto Area

A real estate sold sign is shown in a Toronto west end neighbourhood May 17, 2020. The Canadian Real Estate Association says home sales rose 32.1 per cent in November compared with the same month last year, matching the record-breaking year-over-year increase seen in October. THE CANADIAN PRESS/Graeme Roy
Townhouses for sale in the Willoughby neighbourhood of Langley on Dec. 2, 2020. (Matthew Claxton/Langley Advance Times)

Houses selling fast in Langley in November

Real estate markets continued to see high sales and rising prices

Townhouses for sale in the Willoughby neighbourhood of Langley on Dec. 2, 2020. (Matthew Claxton/Langley Advance Times)
A real estate sold sign is shown outside a house in Vancouver, Tuesday, Jan. 3, 2017. nbsp;Real estate brokerage Royal LePage says home prices are increasing in Canada’s cottage country, as more buyers look to move there full-time. THE CANADIAN PRESS/Jonathan Hayward

Home prices rise in cottage country amid demand from remote workers, retirees

The data from Royal LePage comes amid an overall uptick in home prices this year,

A real estate sold sign is shown outside a house in Vancouver, Tuesday, Jan. 3, 2017. nbsp;Real estate brokerage Royal LePage says home prices are increasing in Canada’s cottage country, as more buyers look to move there full-time. THE CANADIAN PRESS/Jonathan Hayward
The South Surrey ‘Underground House’ includes skylights and just one side ‘window’ – this glass door that leads out to a patio. (Contributed photo)

PHOTOS: South Surrey ‘underground house’ set to go up for sale

‘Unassuming’ John Kay-designed home include skylights, just one window

The South Surrey ‘Underground House’ includes skylights and just one side ‘window’ – this glass door that leads out to a patio. (Contributed photo)
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

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
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

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
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

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)
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