Real estate

A house is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price index. THE CANADIAN PRESS/Sean Kilpatrick

Canadian home prices up 16% in June for largest 12-month gain on record, says index

Halifax led with prices climbing 30.8 per cent over the past year

 

New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Annual pace of housing starts in Canada slowed in June: CMHC

The seasonally adjusted annual rate of housing starts fell 1.5% to 282,070 units in June compared to 286,296 in May

 

Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan

CREA reports home sales down 8.4% month-over-month in June

CREA said 73,402 homes were listed in June, down 0.7 per cent from 73,912 in May

 

The homes at Cascade by Westbow, including Shasta, are inspired by the mountain peaks that surround them.

‘The Whistler of Chillwack’ is almost sold out!

Everything you’d expect from a mountain villa… except the high price tag

  • Jul 12, 2021
The homes at Cascade by Westbow, including Shasta, are inspired by the mountain peaks that surround them.
The average single family home in the Chilliwack and District Real Estate Board area in June 2021 sold for $829,026. This home on Fairfield Island in Chilliwack was listed for $815,000 as of July 6, 2021. (Realtor.ca)

Chilliwack real estate prices continue to rise as supply remains tight

47 homes sold for more than $1 million last month the third hottest June ever

The average single family home in the Chilliwack and District Real Estate Board area in June 2021 sold for $829,026. This home on Fairfield Island in Chilliwack was listed for $815,000 as of July 6, 2021. (Realtor.ca)
With Phase 1 and 2 of Harrison Ridge sold out, and Phase 3 soon to follow, it’s been exciting to see first-time buyers, growing families and empty-nesters alike move into this master planned community.

Fraser Valley project adapts to demand – for homes and resources

Future is bright for a unique planned community residents love

  • Jun 28, 2021
With Phase 1 and 2 of Harrison Ridge sold out, and Phase 3 soon to follow, it’s been exciting to see first-time buyers, growing families and empty-nesters alike move into this master planned community.
People walk past new homes for sale in Oakville, Ont., on Tuesday, April 14, 2009. THE CANADIAN PRESS/Nathan Denette

May home sales fell 7.4 per cent, but on pace for record level this year: CREA

Canadian Real Estate Association predicting 2021 will see transactions rise 23.8 per cent

People walk past new homes for sale in Oakville, Ont., on Tuesday, April 14, 2009. THE CANADIAN PRESS/Nathan Denette
White Rock’s 14635 Marine Dr. has been listed for $3,998,000. (Aaron Hinks photos)

PHOTOS: ‘Whimsical fairy tale’ B.C. house listed for $4 million

Owner wants to sell waterfront home in White Rock so she can buy a castle in France

White Rock’s 14635 Marine Dr. has been listed for $3,998,000. (Aaron Hinks photos)
The final phase of Elk Creek Estates is now selling, and just a few properties remain. All are single-family homes, and many include a basement suite for supplement rental income or multigenerational families. Are you ready to move in?

Last chance to own a piece of paradise in the Eastern Hillsides!

Final phase of Elk Creek Estates is now selling, with many happy families already home-sweet-home

  • Jun 7, 2021
The final phase of Elk Creek Estates is now selling, and just a few properties remain. All are single-family homes, and many include a basement suite for supplement rental income or multigenerational families. Are you ready to move in?
Real estate sold sign. (THE CANADIAN PRESS/Jonathan Hayward)

Chilliwack real estate market remains robust despite cooling slightly in May

While sales dropped month to month, the 2021 total for May dwarfed what happened in 2020

Real estate sold sign. (THE CANADIAN PRESS/Jonathan Hayward)
May also had the second-highest volume of new listings ever for the month with 3,926, the record previously being set in 2018. John Dent photo.

Fraser Valley Real Estate Board breaks sales records 9 months in a row

FVREB processed 2,951 sales in May, a 267% increase compared to last year

May also had the second-highest volume of new listings ever for the month with 3,926, the record previously being set in 2018. John Dent photo.
Professionally designed interior colour schemes at Harrison Ridge are accented by SPC natural oak-look flooring, carpet and tile, with cosy details like a modern electric fireplace and built-in window bench with storage.

Dreaming of a new home to love today…and tomorrow? Take a virtual tour!

When does a house become a home? The setting and neighbourhood definitely…

  • May 31, 2021
Professionally designed interior colour schemes at Harrison Ridge are accented by SPC natural oak-look flooring, carpet and tile, with cosy details like a modern electric fireplace and built-in window bench with storage.
A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

CREA says April home sales down 12.5 per cent from record high set in March

The actual national average home price was a little under $696,000 in April

A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Budget’s foreign-homebuyers tax could bring in $509 million over 4 years, PBO says

Liberals are proposing a one per cent tax on vacant homes owned by foreign non-residents

New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick
The Master Planned Cedarbrook community will include a thoughtful blend of lane homes, duplexes, trail homes, row homes and townhomes.

3 reasons to move to Cedarbrook, Chilliwack’s newest Master Planned Community

Row and Lane Homes offer great location, quality, affordability… and separate rental suites!

  • May 10, 2021
The Master Planned Cedarbrook community will include a thoughtful blend of lane homes, duplexes, trail homes, row homes and townhomes.
Ozzie Jurrock. Photography by Lia Crowe

The Visionary

Ozzie Jurrock wrote the book on real estate

  • May 7, 2021
Ozzie Jurrock. Photography by Lia Crowe
B.C. average home price and sales level to 2023, showing steep drop in sales expected next year. (Central 1)

Forecast calls for B.C. home sales to ‘explode,’ then drop off

Average price to rise another 10% in 2021, credit unions say

B.C. average home price and sales level to 2023, showing steep drop in sales expected next year. (Central 1)
A real estate sign is shown in Victoria, B.C., on Friday, June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

CMHC predicts COVID-19 immunity will moderate pace of home sales, prices by 2023

The agency also predicts that rental demand will rebound as immigration recovers

A real estate sign is shown in Victoria, B.C., on Friday, June 1, 2018. THE CANADIAN PRESS/Chad Hipolito
Homes sales and prices continue to hit staggering numbers in Chilliwack in April 2021. (Black Press file)

Chilliwack sees explosion of million-dollar home sales

Eighty eight homes sold for more than $1 million in April as the real estate market stayed red hot

Homes sales and prices continue to hit staggering numbers in Chilliwack in April 2021. (Black Press file)
April’s 3,016 sales tops the previous high for the month set in 2016 of 2,969 sales. THE CANADIAN PRESS/Sean Kilpatrick

8 months in a row of record-breaking sales, says Fraser Valley Real Estate Board

April sales top previously monthly high set in 2016; longest stretch of consecutive monthly bests

April’s 3,016 sales tops the previous high for the month set in 2016 of 2,969 sales. THE CANADIAN PRESS/Sean Kilpatrick