91Ô­´´

Skip to content
Join our Newsletter

Real Estate News

Rising mortgage rates cooling homes sales, but not prices

Rising mortgage rates cooling homes sales, but not prices

The average five-year fixed mortgage rate reached 4.49 per cent in June, the highest since 2009
B.C. family says homebuyer evicted them to raise rent 70%

B.C. family says homebuyer evicted them to raise rent 70%

The Eggers claim they are entitled to $33,600 in compensation after a buyer evicted them only to re-rent the home for a 70% markup.
$4.3M sale of 'Starship' heritage home 'precedent setting,' agent says

$4.3M sale of 'Starship' heritage home 'precedent setting,' agent says

A real estate agent says the sale shows global recognition of West Coast Modern architecture, while a local expert criticizes the 'jazzy' marketing and wants more action from local government.
Cost of housing is a chronic municipal election issue

Cost of housing is a chronic municipal election issue

Clash between density, community character to headline political campaigns – again
Metro 91Ô­´´ home sales plunge 34 per cent from last year

Metro 91Ô­´´ home sales plunge 34 per cent from last year

April sales also down 25.6 per cent from March as month-over-month prices increases stall at a lofty high
Spring real estate market slow out of the gate in Greater Victoria

Spring real estate market slow out of the gate in Greater Victoria

Sales in April were well below last year’s figures as just 824 properties changed hands, versus 1,116 in April 2021.
Capital region homebuilding will come up short in 2022, CMHC forecasts

Capital region homebuilding will come up short in 2022, CMHC forecasts

The region is already building at capacity and coming off a record year for housing starts in 2021, a CMHC report says.
CMHC: No affordability relief in sight for 91Ô­´´ housing in 2022

CMHC: No affordability relief in sight for 91Ô­´´ housing in 2022

Moderating growth in prices, sales, housing starts and rentals outmatched by demand, lack of inventory and construction costs
Survey lists 91Ô­´´ as most unaffordable city in North America

Survey lists 91Ô­´´ as most unaffordable city in North America

And one of the most unaffordable cities in the world
Skyrocketing ownership costs point to coming rise in Lower Mainland rents

Skyrocketing ownership costs point to coming rise in Lower Mainland rents

Residential, industrial prices have outstripped rents, meaning there's lots of room for rate growth.