Tight markets The BC Real Estate Association’s (BCREA) latest monthly analysis of provincial real estate sales flags the potential for a return to more balanced market conditions by the end of the year, even as a lack of supply continues to drive home prices higher. BCREA chief economist Cameron Muir said home sale volumes are
The lure of cashing in on pricey real estate has fuelled Chevron’s latest decision to sell another five of its gas stations in Vancouver. On Thursday, a spokesperson confirmed the closures of five more locations, all on the west side of the city. “The economics of the land value really is what’s driving the decision to
Vancouver real estate is seeing inventory hit a high for the year. Numbers from the Real Estate Board of Greater Vancouver (REBGV) show that a decline in sales is causing listings to build at a rapid rate. Despite soaring inventory, prices still climbed more than the Vancouver median family income year-over-year. Prices Increased 2.1% The benchmark price
