Real Estate News
Vancouver home sales plunge 31%
Vancouver home sales fell sharply in December and new listings plummeted as the cooling of what was once the country's hottest real estate market continued....
A buyer's market
According to the Okanagan Mainline Real Estate Board (OMREB), sales activity for November 2012 is down two per cent over the same month last year, but...
Real estate sales continue to improve
According to the Okanagan Mainline Real Estate Board (OMREB), sales activity for all property types improved last month when compared to October 2011, and they...
Hong Kong home goes for $60 million
A luxury Hong Kong apartment in a Frank Gehry-designed building has sold for an eye-popping price of nearly $60 million, the property developer said Tuesday,...
Sept. was a tough month to sell houses
There was good news and bad news from the Okanagan Mainline Real Estate Board (OMREB) regarding sales in the Okanagan in its September report with single family...
Vancouver home sales plunge
Vancouver home sales fell 32.5 per cent in September compared with a year ago, says the Real Estate Board of Greater Vancouver. Sales of residential properties...
Home prices increase
Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures. National home prices increased 1.2 per cent in July,...
Fewer homes to be sold this year
The Canadian Real Estate Association is cutting its forecast for Canadian home sales this year and next. The industry group is also lowering its national...
New mortgage rules will cool housing
TD Bank says tighter mortgage rules should do the job of cooling Canada's hot housing market in the short term, but higher interest rates will be needed to...
Condo prices on the rise
A new condo report suggests first-time buyers, retirees and population growth will continue to fuel demand and price growth for the compact living spaces over...
Regional building numbers
The following is a highlight from the Regional District of Central Okanagan board meeting held Monday, August 20, 2012. July Building Statistics - During July,...
Kelowna housing starts
Kelowna area housing starts were down in July compared to the same month last year. Canada Mortgage and Housing Corporation (CMHC) reports 81 housing starts in...
New house prices on the rise
Statistics Canada says its price index for new homes rose 0.2 per cent in June, following a 0.3 per cent increase in May. The largest May-to-June increases...
Homesales fall to 12 year low
July home sales in Vancouver, once the country's hottest real estate market, continued to slide and hit their lowest total for the month since 2000. The...
NYC penthouse on market for $100M
What will $100 million buy you in New York City's real estate market? Apparently, a really good view. An exclusive listing is offering an octagon-shaped...
May new house prices rose 0.3 per cent
Statistics Canada says its new housing price index rose 0.3 per cent in May, following a 0.2 per cent increase in April. Toronto, Oshawa and Calgary were the...
June housing starts are down
Housing starts in Kelowna were down for June of this year compared to the same month in 2011. The Canada Mortgage and Housing Corporation (CMHC) reports only...
Summer vintage shopping and decor
There is nothing sexier than a room that has character, diversity and personalized attributes that truly showcase both the owner’s spirit and the...
Buy a house, get free beer for a year
The real-estate market is tough these days, especially if you're selling a condo that is identical to four other condos in the same complex all going for...
What does 'sold' smell like?
By Shannon and Tamara Stone We just finished the REMAX office tour where we went and previewed a lot of new listings this morning. I was inspired to write...