Vancouver real estate: New luxury home listed well above neighbourhood's average price
A newly built home for sale in Vancouver is listed at $7.5 million, well above the current benchmark in the neighbourhood of Point Grey.

A newly built home for sale in Vancouver is listed at $7.5 million, well above the current benchmark in the neighbourhood of Point Grey.
Even the real estate agent responsible for the sale is surprised by how quickly a $1.5-million teardown in Vancouver was snapped up.
The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away.
The rising cost of food, shelter, and other expenses pushed Canada's inflation rate to a 31-year high last month. People are paying a lot more for many basic needs than they were last year at this time, and small businesses are also struggling to manage higher prices for the goods they need to keep going.
Like B.C., Washington state is seeing record-high gas prices. But it's significantly cheaper to fuel up in Blaine than just across the border in Surrey.
PhD student Brennan Jones wants to lend a helping hand to the B.C. search and rescue volunteers he calls heroes.
A pair of tall trees toppled onto a Nanaimo, B.C., home Wednesday as a windstorm wreaked havoc on Vancouver Island.
Tens of thousands of BC Hydro customers across Vancouver Island were without power Wednesday morning as Environment Canada forecasted wind gusts over 100 km/h.
West Shore RCMP say a Saanich, B.C., resident has been arrested after thousands of dollars worth of lumber was stolen out of the Colwood, B.C., area.
Former Green Party leader Elizabeth May has sponsored a petition calling on the federal government to repeal the Criminal Code's prohibition of public nudity, but she says she has not signed it and doesn’t support it.
A list of Canada's best 100 spots to spend patio season includes nine Vancouver restaurants.
An Indigenous teenage girl walked out of her home in May of last year, and hasn't been seen by her family since.
Crews working to rebuild B.C.'s Highway 8 encountered a relatively rare rattlesnake Monday.
A Vancouver dad whose son is on the autism spectrum took to social media to share how painful it was to see only one classmate at his birthday party. Now, he's receiving a flood of support that he hopes marks the start of an important conversation.
With limited access to second boosters at home, a growing number of British Columbians have been considering a trip into Washington state for a fourth dose of COVID-19 vaccine.