News
Published brokerage updates and market posts.
News
Published brokerage updates and market posts.
Home sales in Canada fell by four percent in April 2026 compared to the same month last year, according to the Canadian Real Estate Association. Despite a slight increase in average sale prices, the market remains subdued amid economic uncertainty.
Artificial intelligence is rapidly transforming the real estate industry, with new tools emerging weekly that enhance efficiency and democratize access to information. However, the challenge remains in maintaining professionalism and protecting client data.
U.S. President Donald Trump's upcoming summit with Chinese President Xi Jinping is expected to address key issues amid ongoing tensions, particularly regarding the war in Iran. This meeting marks a significant moment in U.S.-China relations, as it is the first visit by a sitting U.S. president to China in nearly a decade.
Prime Minister Mark Carney has unveiled a new national electricity strategy aimed at doubling Canada's electricity grid capacity by 2050, emphasizing the role of natural gas in this transition. The plan is expected to lower electricity costs for a majority of Canadian households.
Home sales in Metro Vancouver remain flat compared to last year, but a notable divergence is emerging between detached and multi-family housing segments. Detached home sales are increasing, while multi-family sales are declining.
Surrey's real estate market continues to see significant price declines, with benchmark prices for homes, townhouses, and condos dropping year-over-year. Elevated inventory levels and favorable conditions for buyers are noted by the Fraser Valley Real Estate Board.
Surrey City Council has approved a proposal to lower development cost charges (DCCs) to make housing more affordable. This initiative aims to support housing delivery and future growth in the city.
Premier David Eby faces significant challenges as the BC NDP government struggles to deliver on housing and infrastructure projects in Surrey, despite some ongoing developments like the SkyTrain expansion.
Recent whale sightings in Vancouver indicate a remarkable recovery of marine life, but also highlight concerning trends for certain species. Expert Andrew Trites explains the implications of these changes.
A unique property in West Vancouver is listed for $12.8 million, featuring only the concrete foundation of a house that was never completed, offering stunning views of the city below.
A unique property in Powell River, B.C., featuring a private golf course, is listed for $1.68 million, offering an attractive alternative to Vancouver's housing market. This property spans 1.6 acres and includes a four-bedroom house.
A new proposal for a 22-storey 'pod hotel' at 948 Howe St. aims to cater to budget-conscious travelers, particularly those aged 18 to 34. The project seeks to address the ongoing hotel shortage in Vancouver by introducing innovative accommodation options.
