MORE REAL ESTATE NEWS

• 'No showing of property at seller's request': Land value behind $10.5M listing for Vancouver teardown

  A modest, four-bedroom, two-and-a-half-bathroom home on Vancouver's west side is currently listed for sale for more than $10 million, but prospective buyers aren't allowed to take a look inside.

  

• Broadway Plan rezoning application would bring 524 rental units, day care to former MEC site

  Vancouver planners are seeking feedback from the public on a proposal to redevelop the former MEC store on Broadway into two residential towers with a "privately owned public space" between them.

  

• Mortgage rates behind increasing unaffordability: B.C. housing minister

  B.C.'s housing minister is blaming rising mortgage rates for increasing unaffordability in the housing market, as a new survey suggests average home prices are actually coming down in both Victoria and Vancouver.

• Vancouver developer seeking creditor protection, facing $700 million in debt

  Coromandel Properties Ltd. has submitted a petition to the Supreme Court of B.C. for relief under the Companies' Creditors Arrangement Act.

• Woman fined $50K for unlicensed property management in Vancouver

  B.C.'s real estate services regulator has suspended a woman from the industry for 30 days and imposed $50,000 in penalties for her misconduct in managing a rental agreement for a client.

• Vancouver January home sales down 55% from last year: real estate board

  The Real Estate Board of Greater Vancouver says January home sales were more than halved from the year before and down 21 per cent from December.

• Greater Vancouver home sales to flatten while prices inch up, forecast says

  Home sales in Greater Vancouver are predicted to stay in line with last year's slower pace, while prices inch up slightly.

• 300-foot rental towers proposed for 2 locations in Vancouver's West End

  Two proposed 32-storey towers would bring hundreds more rental units to Vancouver's West End if rezoning applications are approved by city council.

• Owners of Vancouver's most expensive homes pay very little tax, UBC study finds

  A new study from the University of British Columbia has found owners of the most expensive properties in Vancouver are paying very little income tax.

• Vancouver renters face increasingly tough market, CMHC report finds

  Vancouver renters continued to pay the highest prices in Canada as vacancy rates in the area dipped below one per cent last year, according to new federal data.

• $10M Fraser Valley mansion comes with working winery

  A mansion listed for just shy of $10 million in B.C.'s Fraser Valley comes with a small vineyard, a working boutique winery, horse stables, and a riding ring.

• 100-unit rental building proposed for vacant lot 2 blocks from Granville Island

  A developer has applied for permission to build a 100-unit apartment building on a vacant, triangular lot near Granville Island in Vancouver.