Real estate

Housing market ‘moderately’ vulnerable amid potential overvaluation of homes: CMHC

CMHC says there was a ‘moderate degree of vulnerability’ in the housing market as of the end of June

 

CREA reports Canadian home sales climb again, set record for August

Compared with a year ago, sales in August were up 33.5 per cent

 

Real estate sales across southern Vancouver Island hit new record in August

Average detached house price in Greater Victoria above $1 million

 

Canadian Real Estate Association says July marked a record high for home sales

CREA says the actual national average price for homes sold in July was a record $571,500

CMHC reports annual pace of housing starts climbed nearly 16% in July

Economists on average had expected an annual rate of 210,000

Greater Victoria real estate sales numbers tell two stories for July

Real estate board president Sandi-Jo Ayers talks about pent-up spring demand, low inventory

Regional district’s Esquimalt land sale means $3.7M back to municipalities

Viewfield Road sites make a profit, seven years after controversial purchase for sewage project

Mortgage defaults after COVID-19 could look different than 2008, says economist

Deferrals were key to helping people keep their homes, economists say

Victoria’s median asking rent for one-bedroom hits $1,600

Rent prices up 15 per cent since 2019: PadMapper

Open houses resume, but the home-buying pastime has drastically changed

The situation is all the trickier when landlords look to show properties occupied by tenants

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

The large home, located on ALR land, is one of the last new mansions to legally be built on ALR land

Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

You can own Jason Priestley’s Terrace Beach Resort in Ucluelet for less than $5 million

CMHC reports annual pace of housing starts in Canada increased in June

Rural starts were estimated at a seasonally adjusted annual rate of 15,006 units

B.C.’s real estate market shows ‘encouraging signs of recovery’ in May: association

Real estate listings, sales still down in B.C. as COVID recovery begins

CMHC re-assessing policies through a racialized lens to eliminate discrimination

Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees

Real estate sales in Greater Victoria recover in May

Recovery came after big drop off in April, but recovery likely to be slow

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

CMHC said average housing prices could fall anywhere from nine to 18 per cent in its forecast

Ledcor sells Crossing at Belmont to company specializing in multi-family residential properties

Killam Apartment REIT, is one of Canada’s largest publicly traded real estate companies