BC has the fastest-rising home prices in Canada

By Success-Sells on Friday, September 21st, 2018 or in News. No Comments

While the City of Vancouver continues to wrestle with the dubious distinction of being home to Canada’s most expensive real estate market, a new report from the Canadian Real Estate Association (CREA) has found that the issue extends beyond just the Lower Mainland. According to the report, the entire province is now home to Canada’s […]


At $59-million, this Oakville property may be the hardest house to sell in Canada

By Success-Sells on Friday, September 7th, 2018 or in News. No Comments

For sale: beer baron’s dream home on 10 acres of prime Oakville waterfront, finished in 2006, featuring private chapel, indoor and outdoor pools, killer views and with a new lower price of just $59-million (marked down from $65-million). That’s how much agents selling Chelster Hall, 1150 Lakeshore Rd. E., built by former Interbrew CEO Hugo […]


Metro Vancouver now Canada’s second-least competitive real estate market

By Success-Sells on Friday, August 24th, 2018 or in News. No Comments

Once Canada’s most fiercely competitive real estate market and famed for its bidding wars, Greater Vancouver is now the second-least competitive housing market in the country, according to a new study by real estate website Zoocasa. In its analysis of nationwide listings and sales data, Zoocasa found that, of the major real estate markets, only […]


Housing supply up, demand down across Metro Vancouver

By Success-Sells on Friday, August 17th, 2018 or in REBGV Updates. No Comments

July’s residential housing sales in Metro Vancouver reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in July 2017, and a decrease […]


Vancouver parks board approves roof-top park plan for Oakridge

By Success-Sells on Friday, August 10th, 2018 or in News. No Comments

The redeveloped Oakridge Centre could be getting a roof-top park. At Tuesday’s meeting of the Vancouver Park Board, commissioners voted to move forward with a plan to build a nine-acre park that will be partially constructed on the roof of the South Vancouver shopping centre. QuadReal Property Group — which manages the building that houses […]


B.C. real estate market tips to balance amid new mortgage rules: association

By Success-Sells on Friday, August 3rd, 2018 or in News. No Comments

VANCOUVER – The British Columbia Real Estate Association says tighter mortgage rules and lower demand are bringing the provincial housing market into balance. The association says 7,884 units were sold within the Multiple Listing Service across the province in June, a 32.5 per cent decrease from the same month last year. The average residential price […]


Housing affordability at ‘crisis level’ in Canada’s most expensive market, say economists

By Success-Sells on Friday, July 27th, 2018 or in News. No Comments

Vancouver residents would need nearly 88 per cent of their household income to buy a home, while Toronto residents would need more than 74 per cent of their income to cover the cost, the RBC study said. (Jonathan Hayward/The Canadian Press ) Housing affordability in Canada’s most expensive market — Vancouver — is at “crisis […]


Vancouver real estate: Supply of homes for sale hits three-year high

By Success-Sells on Friday, July 20th, 2018 or in News. No Comments

The supply of homes in Metro Vancouver’s real estate market hit a three-year high as sales dipped below historical averages last month. The Real Estate Board of Greater Vancouver reports there were 2,425 home sales last month, a 37.7 per cent decline from June 2017. Board president Phil Moore says rising interest rates, high prices […]