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.

Realtors are predicting a steep decline in detached-home sales when the Real Estate Board of Greater Vancouver releases sales data for the month of September later today.

Ottawa announced new measures aimed at ensuring Canadians take on mortgages they can actually pay for amid concerns over soaring housing prices in Toronto and Vancouver.

Ottawa is preparing to close a tax loophole that's been used by foreign buyers in overheated housing markets such as Vancouver and Toronto, according to a report.

New real estate numbers released by the B.C. government this morning are suggesting the newly imposed foreign buyer tax may be helping to cool down the real estate market in Metro Vancouver.