Glacier Media Real Estate

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

Availability of newly built and presale condos skyrockets in Metro Vancouver: report

Number of concrete condos complete and unsold or available for presale quadruples in a year, finds quarterly report

Canadian cities have among highest homeownership rates in world: RBC

Major Canadian cities may be struggling with affordability issues, but the rate of homeownership is among the highest in the world, according to a recent report by RBC. The bank compared Vancouver,...

Metro Vancouver home sales down year-over-year in February but up from January: REBGV

A total of 1,484 home sales took place across the Metro Vancouver region in February, which is down 32.8% year-over-year and is 42.5% below the 10-year average for the month (see graph below),...

Metro Vancouver’s high-end house prices to fall a further 7.1%: Royal LePage

Metro Vancouver’s luxury detached homes will see a further median price decline of 7.1 per cent over the next year, according to a forecast issued February 21 by Royal LePage. The national real...

B.C. Budget 2019: Budget delivers few new measures for housing and homeownership

Biggest new policy is a $76 million investment in modular housing for homeless; no sign of promised renters’ rebate

Housing-related ‘brain drain’ from Metro Vancouver is a myth, says analyst

More young professionals are coming to the region than are leaving it, according to census data