Glacier Media Real Estate

More than half of Canadians would wait a year to buy a home: poll

As buyers continue to sit on the sidelines, poll uncovers reasons for waiting, plus other homebuyer trends

CMHC defends new First Time Home Buyer Incentive’s purchase price limits

Federal housing agency says more than 10% of Metro Vancouver home purchases would fall within price cap

Metro Vancouver’s March residential sales lowest in 33 years

Residential transactions plunge to just over half the 10-year average for the month, as prices slide across all property types

Federal Budget 2019 aims to help first-time buyers and boost rental supply

Lagging the Conservative Party in the polls, the Liberal Party of Canada is appealing to young voters in this election year with 2019 Budget measures that it says will help make housing more...

$1m-plus Vancouver condo sales plunge by two-thirds: Sotheby’s

Where the Vancouver detached home market goes, it seems the condo market inevitably follows. Sales of Vancouver condos above $1 million have plummeted by 66% year over year, according to a report by...

Real estate slowdown is main drag on B.C.’s economy: Central 1

Housing starts and residential investment to decline, but strength in other areas will prevent overall recession, predicts credit union

More tall wood buildings may be on the way in B.C.

There could soon be a rise – literally – in wooden residential buildings across the province, after the B.C. government announced changes to the provincial Building Code to allow for mass timber...

Average B.C. home price has slid nearly 10% in past year: BCREA

Real estate association blames mortgage stress test for “sidelining” buyers, calls for feds to scrap it entirely

Non-residents own 4.9% of Metro Vancouver homes, much higher in new condos: CMHC

While there is a common perception that overseas buyers have snapped up much of Metro Vancouver real estate, the number of homes owned purely by non-residents across the region is 4.9%, according to...

B.C. real estate not alone as home prices slide across prime global cities

London, Sydney, Hong Kong and more seeing price declines over past year, reports The Economist – a correlation that could herald a global recession