Average rental rates nationally for all property types declined for the second consecutive month, but are still up 9.4% annually. Surprisingly, the increase in rents is supported by some of the smaller municipalities such as London, Hamilton, Kanata, ...

One of the largest Indigenous-led housing developments in Canada is a step closer to rising in the heart of Vancouver after members of a First Nation voted in favour of the proposal.

The Squamish Nation says members made history Tuesday by voting in a...

Sales activity in the Lower Mainland’s commercial real estate market continued to decline in the third quarter (Q3) of 2019 compared to recent years.

There were 405 commercial real estate sales in the Lower Mainland in Q3 2019,...

VICTORIA – Many soon-to-be released property assessments will show a moderating market, with more modest changes in property values compared to previous years based on trends in the real estate market as of July 1, 2019.

"We first saw signs of moderation...

The speculation and vacancy tax website has been updated to:

- Clarify that spouses declare as individuals not as a partnership
- Clarify how the 10-year period applies in the away from home for other reasons principal residence exemption
- Clarify exemptions,...

According to Rentals.ca listings data, the average rent for Canadian properties in October was $1,940 per month, a decrease of 0.7% monthly, but an increase of 5.5% annually. The median rental rate was $1,850 per month in October, up 8.9% from a year earlier...

It's important to understand the implications of purchasing a rental home and how that affects your taxes. There are some things that you don't want to miss just because you're new to the game - let us break it down for you.

Property vs. Business Income...

A static luxury real estate market begs the question, how can we increase an overall sense of urgency in today’s luxury buyers? Real estate market trends are showing that most markets are currently leaning in the buyer’s favor, and...

April 20th, 2018 marked Canada’s last “4-20 celebration”.  Historically, this annual quiet protest gathered hundreds of marijuana enthusiasts who urged for the legalization of cannabis (or marijuana).  The Liberal government...

Metro Vancouver’s sluggish residential real estate market has caused some developers to pull the plug on projects, while others either delay or “retool” housing developments or switch their firms’ focus to rental housing.

Pre-sale...

Vancouver real estate prices have stopped surging on excessive expectations they will keep rising in the future

Vancouver’s housing market stability has gone from “highly vulnerable” to moderate for the first time in three years, according...

Renting is now cheaper than buying in Vancouver, according to a recent report by the National Bank of Canada.

According to the report, housing affordability in Canada deteriorated for the 14th consecutive quarter at the end of 2018. With that, the...

The luxury lifestyle isn’t just about looking great anymore. It’s about feeling great, too. Of course, the world’s affluent still want jaw-dropping properties with inspiring views, but they’re also looking for more substance. In...

The British Columbia Real Estate Association (BCREA) reports that a total of 8,221 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May, a decline of 7 per cent from the same month last year. The average MLS®...

Overall, 9 cities saw an upward trend, 3 downward, and 12 remained stable last month. Following a similar progression to the last report, about half of the cities on this list had a flat month and though there were more monthly upticks in rent in this...

Millennials make up the largest cohort of today’s home-buying population. As Canadians find themselves in the throes of another busy spring housing market, many sellers are taking an age-specific approach to marketing their listing to this younger...

Burnaby's city council has approved a motion aimed at protecting rental stock in the city.

At a Monday night city council meeting, councillors voted in favour of a bylaw that would create rental-only zoning across the city, require a minimum of 20 per...

Metro Vancouver home sales 43% below April's 10-year average as buyers wait it out

April is usually the month when we see an uptick in real estate prices and sales, but that is not the case this year.  

April home sales in Metro Vancouver were...

Overall, 8 cities saw an upward trend, 3 downward, and 13 remained stable last month. While more than half of the total cities continued to have flat monthly growth rates, the cities that experienced an upward trend actually more than doubled when compared...