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Real Estate

Exodus from cities drives up assessments in small Island towns

Exodus from cities drives up assessments in small Island towns

Smaller communities such as Port Alberni saw increases jump by as much as 47 per cent.
Homeowners grant threshold hiked to $1.975 million in B.C. as property values increase

Homeowners grant threshold hiked to $1.975 million in B.C. as property values increase

Greater Victoria real estate sales nearly hit record in 2021 despite low inventory

Greater Victoria real estate sales nearly hit record in 2021 despite low inventory

Inventory levels ended the year with just 652 active listings for sale by the end of December, the lowest inventory seen in the last 25 years
2022 assessments: Top valued properties on Vancouver Island

2022 assessments: Top valued properties on Vancouver Island

The top 10 residential, strata, commercial and industrial properties on Vancouver Island
Vancouver Island assessment values soar on 2022 property roll

Vancouver Island assessment values soar on 2022 property roll

Property assessment notices will start hitting B.C. mailboxes this week.
Abstract Developments moves into Langford with plans for townhome project

Abstract Developments moves into Langford with plans for townhome project

The company has acquired property along Sooke Road, between Happy Valley and Jacklin roads, where it plans to build a community of 64 three- and four-bedroom townhouses called Willow + Glen.
Canada's real estate sector expected to rebound with economy in 2022

Canada's real estate sector expected to rebound with economy in 2022

Canada's residential, commercial, industrial and retail real estate sectors are expected to rebound in 2022 as the economy continues to emerge from pandemic restrictions and lockdowns, a report released Dec. 21 said.
Vancouver, Victoria homebuyers 'under the most pressure' to reset expectations next year

Vancouver, Victoria homebuyers 'under the most pressure' to reset expectations next year

Housing affordability looking ‘grim’ going into 2022, says RBC
Greater Victoria on the way to record for housing starts

Greater Victoria on the way to record for housing starts

Bear Mountain condo sells for $3.65M, record for West Shore; more higher-end housing being built in Langford

Bear Mountain condo sells for $3.65M, record for West Shore; more higher-end housing being built in Langford

A new standard for Langford, once considered the destination for affordable homes, and an indication that the work done atop Skirt Mountain is starting to pay dividends