MORE REAL ESTATE NEWS

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  Vancouver home sales fall 17% in August despite interest rate cuts: real estate board

  Greater Vancouver Realtors says home sales in the region dropped 17.1 per cent in August from a year earlier and were more than a quarter below the 10-year seasonal average.

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  B.C. real estate agent suspended 6 months for forging homeowners' signatures

  A B.C. real estate agent who admitted to forging the signatures of two homeowners as part of a rezoning application in 2015 has agreed to a six-month suspension of his licence and financial penalties equal to the maximum that was allowed at the time.

• B.C. developer ordered to pay almost $100K for misconduct that caused 'consumer harm'

  A developer in B.C.'s Kootenay region has been ordered to pay nearly $100,000 to the BC Financial Services Authority for misconduct that caused "consumer harm."

• This Whistler mansion just hit the market for $25.5M

  The latest mega-mansion to hit the market in Whistler, B.C., is the most expensive residential listing within a Canadian mountain resort town, according to its listing agent.

• Greater Vancouver home prices rise amid increasing demand: report

  House prices in British Columbia's Lower Mainland are rising again, with the median value of detached homes in Vancouver and the Fraser Valley seeing the largest increases, according to the latest market report from RE/MAX.

• B.C. landlords allowed to impose massive rent hikes after mortgage payments spike

  Two B.C. landlords whose costs have skyrocketed – due to their variable-rate mortgage – have been allowed to impose huge rent hikes on their tenants to offset their financial losses.

• B.C. Realtor receives maximum penalty for misconduct related to assignment sales

  A Realtor and his personal real estate corporation have had their licences suspended for six months and been ordered to pay $16,000 to the BC Financial Services Authority over misconduct that occurred eight years ago.

• Vancouver 'view cones' adjusted to allow more housing, work space

  Vancouver city council has voted in favour of updating – and in some cases removing – so-called "view cones," which limit developments blocking mountains views.

• B.C. buyers who backed out of home purchase ordered to pay more than $350K in damages

  Would-be homebuyers who backed out of a deal to purchase a B.C. property in a hot real estate market have been ordered to pay the seller the difference between what they offered and what he was able to sell the home for when the market cooled.

• Widower living with toddler at B.C. rest stop desperate for housing

  A father living in an RV in B.C.’s Fraser Valley with his toddler for more than a year has become even more desperate to find housing after facing a tragic loss.

• Underground room with 'unlimited potential' on sale for $128K in Vancouver

  A peculiar listing has gone on the market in Vancouver, a room that's not to live in, but promises versatility for a luxury buyer.

• Vancouver home sales fall 19% in June as inventory continues to build: board

  Greater Vancouver's real estate board says the number of homes sold in June tumbled 19.1 per cent from the previous year as inventory continued accumulating to levels not seen since the spring of 2019.