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REAL ESTATE NEWS

Latest News about The Real Estate Laws and its impact to the industry.

Chilliwack real estate market

Chilliwack the only real estate market in Lower Mainland with price increase in 2019

January 13, 2020

Chilliwack and the surrounding area is the only real estate market in the Lower Mainland that didn’t see a decline in sale prices in 2019.
With an average sale price of $522,776 in the Chilliwack and District Real Estate Board (CADREB) area last year, that’s a 1.1 per cent increase from the average of $516,843 in 2018. ...

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2019 saw British Columbia home sales, prices dip

2019 saw British Columbia home sales, prices dip: BC Real Estate Association

January 13, 2020

Home sales across British Columbia dropped by 1.5 per cent in 2019, according to the BC Real Estate Association.
The agency said the average price of a home province-wide was $700,460, down 1.6 per cent from 2018, though that dip was a result of price drops in three key regions. ...

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Outlook 2020: Property market faces uncertain year

Outlook 2020: Property market faces uncertain year

January 6, 2020

If real estate investors were to make some resolutions for the new year, analyst Dane Eitel might suggest exercising wariness amid forecasts painting an optimistic picture for the B.C. market.
After all, some organizations may not have a vested interest in sounding an alarm over bleakness ahead, he said. ...

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Vancouver housing prices hit a low

Vancouver housing prices hit a low

January 3, 2020

Housing assessments are in the mail for nearly two million homeowners in British Columbia, but those in Vancouver may have already searched their properties online to learn that values have fallen dramatically. ...

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