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Real Estate News
Real Estate News
Capital region home sales continue slide on higher rates, new rules
For 12 consecutive months now, monthly real estate sales in Greater Victoria have dropped compared to the same month the year before. A total of 498 properties changed hands through the Victoria Real Estate Board in November — down by 25.
Dec 3, 2018 11:01 PM
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Time to soften – or scrap – one-year-old mortgage stress test, says building industry
Measure has already done its job of cooling housing market, and rise in interest rates means it’s going too far, argue builders
Dec 3, 2018 10:48 AM
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Opinion: What 91Ô´´â€™s impressive Empty Homes Tax revenue tells us
Not even the City’s seemingly optimistic projections had predicted this much revenue – but does that make the tax a success?
Nov 30, 2018 10:53 AM
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91Ô´´â€™s empty homes tax revenue higher than expected
City anticipates collecting $38 million — $8 million higher than predicted
Nov 29, 2018 1:07 PM
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Greater Victoria vacancy rate rises slightly as rents jump 7.5 per cent
Greater Victoria’s ultra-tight rental vacancy rate has loosened slightly in the past year, while the average rent climbed by 7.5 per cent. The overall vacancy rate in the capital region is now at 1.2 per cent, up from 0.
Nov 28, 2018 11:02 AM
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Whistler condo prices skyrocket as retirees, investors drive demand
Median price is up 26.5 per cent from a year ago, nearly twice the increase of detached home prices
Nov 28, 2018 10:20 AM
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Private twin islands near Desolation Sound listed for $31.9M (PHOTOS)
North island has spectacular 13,000-square-foot rustic-luxury home – but there’s no ferry access
Nov 28, 2018 7:00 AM
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$10.79M downtown Victoria penthouse sale doubles the previous record
Presale deal is for 4,422-square-foot luxury home atop Customs House building on Government Street, to be complete in 2020
Nov 27, 2018 9:27 AM
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Many mortgage renewers can expect better rate in 2019, despite recent hikes: poll
Most homeowners renewing mortgages in 2019 will find recent hikes won’t push their new payments higher, says RateHub.ca
Nov 27, 2018 9:24 AM
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Opinion: Mortgage mathematics not adding up for older generations in B.C.
Is the older generation as comfortable in homeownership as generally perceived?
Nov 26, 2018 10:54 AM
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