Vancouver Real Estate Headlines

The average price of a home in B.C. is higher than anywhere else in the country. Couple that with bidding wars and escalating prices, and some realtors say buyers are opting to take a break. 1

The owner of a long-standing Vancouver restaurant is wondering why he is being told to pay the provincial vacancy tax. 1

The benchmark for a detached home in Metro Vancouver has reached $1.7 million, up about 18 per cent where it stood in March 2020. 10

Fans who know 'Riverdale' star Cole Sprouse from previous roles may say he's once again living the 'suite' life.

CMHC says the pace of sales in Vancouver returned to levels not seen since 2017, leading to significant price increases. But it says the risks remained moderate.

The two-bedroom, two-bathroom detached home in a community for residents ages 45 and up was listed for $820,000. It sold for $500,000 more than that. 1

Demand is outstripping supply for homes in B.C.’s recreational areas, more than half of which are selling above asking price. 1

Researchers say that Vancouver renters are finding more affordable living situations by renting a room in a shared house or duplex rather than a condo. 1

The British Columbia Real Estate Association says homes sales in the province moved at a “blistering pace” in February, up just over 89 per cent compared with the same period last year.

The Real Estate Board of Greater Vancouver says the market is heating up so fast that home sales in the region increased by more than 50 per cent between January and February and have climbed by more than 70 per cent since last year.

A rent freeze put in place in British Columbia to protect those who'd lost their jobs during the pandemic may be extended to the end of 2021.

A just-released rental forecast suggests the beginning of the year will be much like 2020, but things may change after July.

An iconic East Vancouver landmark could be yours for less than $2 million. 1

A recently released report confirms homeownership remains a distant dream for many living in one of Canada's priciest markets.

The Supreme Court of British Columbia has ordered Concord Pacific, one of Canada's largest property developers, to pay about $5 million in special costs after one of its senior employees was found to be “egregiously dishonest,” in an ongoing legal battle between two Asian tycoons.

About two dozen female realtors have been targeted by someone making threatening and harassing calls over the past month, according to the Real Estate Board of Greater Vancouver. 1

What Vancouver should do with a massive parcel of land on the south side of False Creek is up for public discussion, with the city looking for feedback.

Winter is normally a slow season for real estate, but there were more homes sold in the Fraser Valley real estate region last month than any previous January. 1

We're learning more about how the pandemic has changed Metro Vancouver's rental market over the last year. 1

A new report on housing shows rental prices have dropped in Vancouver year over year in late 2020, but the city topped the country when it came to high prices.

The price of an average home in Metro Vancouver increased at the end of 2020, the most significant jump being in the detached home category. 1

A B.C. realtor who subleased a home without the owner's consent has been ordered to pay a disciplinary penalty of $25,000.

The Ministry of Finance says data from British Columbia's tax targeting property speculators shows it has helped increase the number of long-term rentals in the province.

BC ACORN, an advocacy organization, said the banner drop was an effort to escalate its campaign to end rent debt caused by the COVID-19 pandemic. 1

British Columbians can now get more money back from the province for certain home renovations as part of the CleanBC Better Homes Program.

A grant that helps British Columbia homeowners offset a portion of their property tax is being raised to reflect an increase in the assessed value of their homes.

The Real Estate Board of Greater Vancouver says home sales were up 53.4 per cent in the final month of 2020 compared with December 2019, hitting a new record for the month.

Property owners across B.C. can expect a modest increase to their homes’ assessed value this month, bucking concerns of a COVID-related collapse, with the lion’s share of the growth being felt in already high-priced single family homes. 2

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.

Next year is shaping up to be a seller’s market, according to real estate company Royal LePage. 1

Homeowners in B.C.'s most populous city will be paying higher property taxes in the coming year. 3

Two Surrey city councillors have quit a committee to protest a tax hike in the city's budget for the upcoming year. 2

The Real Estate Board of Greater Vancouver says November home sales were down from October - but still well above this time last year, as the market catches up to the effects of COVID-19.

Insurance companies in British Columbia have agreed to end a pricing practice that has been identified as one of the key factors in skyrocketing property insurance premiums for condominiums.

The B.C. government has launched a new land registry that it says will help combat money laundering and make the real estate market more transparent.

The Canada Mortgage Housing Corp. says more than 11,000 condos were added to rental market in Metro Vancouver last year, spurred in part by taxes on empty homes.

The empty homes tax in Vancouver will more than double next year, the city announced Wednesday.

A new scan of short-term rentals in Vancouver has concluded that there are more hosts appearing to break the City of Vancouver’s rules than are abiding by them 1

After considering three options for possible tax hikes next year, city staff are recommending Vancouver property owners pay five per cent more next year.

Released Monday, the City of Surrey's proposed budget shows how much more property owners may be asked to pay in 2021.