B.C. Real Estate

• Former Surrey co-op residents face eviction or steep rent hikes after land sold

  Residents of a former Surrey co-op say they're facing an impossible decision between displacement or massive rent hikes, and have been left with no protection under the law.

  Politics

  Jul 7, 2023
  
• B.C. property assessments up despite softening market

  BC Assessment's latest valuations have pegged home values at five to 15 per cent higher than last year, despite real estate sales and prices slumping across the province.

  Economy

  Jan 3, 2023
  
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• B.C. home sales forecast to slump 34% this year, dip further in 2023

  Sales of British Columbia real estate are anticipated to end the year down more than 34 per cent amid rising interest rates, according to the B.C. Real Estate Association.

  Canada

  Sep 8, 2022
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• B.C. home sales plummet in July, but prices still edge upward

  The average price for a home in Greater Vancouver climbed 3.3 per cent to $1.2 million, while in the Fraser Valley the average price rose 4.2 per cent to $1.15 million.

  Canada

  Aug 11, 2022
• Double-digit price growth as Metro Vancouver sets all-time real estate sales record

  The blistering sales volume was 72.2 per cent above the 10-year average for the month of March, and higher than any single month previously recorded. 

  News

  Apr 2, 2021
• B.C. real estate defies pandemic with sales, price growth in 2020

  Despite a COVID-19-driven recession, B.C. saw real estate sales surge 21.5 per cent last year, while prices across the province were up 11.7 per cent from 2019.

  Economy

  Jan 13, 2021
• 2019 saw British Columbia home sales, prices dip: BC Real Estate Association

  The agency said the average price of a home province-wide was $700,460, down 1.6 per cent from 2018, though that dip was a result of price drops in three key regions.  

  Jan 13, 2020
• Assessed value of Lower Mainland homes to drop in 2020: BC Assessment

  While Metro Vancouver assessed values are expected to dip, elsewhere in the province they may stay flat or even climb modestly.

  Dec 9, 2019
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• B.C. government introduces rules to crack down on hidden business ownership

  Finance Minister Carole James said in a statement the records will help drive down B.C.'s real estate market and prevent distortions to the provincial economy.

  Oct 26, 2019
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• B.C. home sales ‘continue to recover,’ says industry association after August bump

  The agency says nearly 7,100 homes sold across the province in August, up 4.9 per cent from the same month last year.

  Sep 12, 2019