Vancouver home prices rise as market recovers from buyers tax

Greater Vancouver home sales return to almost record levels in May

Home sales in the Vancouver region's once-hot housing market fell in May compared with a year ago, but prices climbed from earlier in the year as the market continued to rebound from a foreign buyers tax implemented in 2016, data showed on Friday.

It didn't take long for the Lower Mainland real estate market to jump back toward record levels. The market slowed after the Liberal government introduced a 15 per cent foreign buyers tax last summer, however, figures released by the Real Estate Board …

Vancouver home prices climbed back to a record in May, suggesting the impact of a foreign-buyer tax imposed last year is fading. Benchmark prices in the west coast city reached a record C$967,500 ($716,300), up 8.8 percent from a year earlier, the Real

Greater Vancouver home sales return to almost record levels in May

Vancouver home sales pick up in May

. It is not foreign buyers but “bully bids” from frustrated locals competing for a record-low inventory that are driving Victoria home prices higher, according to real estate agents and analysts. “Foreign buyers probably make up less than 5 per cent of …

If the latest numbers are any indication, it looks like Metro Vancouver's housing market is starting to pick up the pace once again. It is not foreign buyers but "bully bids" from frustrated locals competing for a record-low inventory that are driving …

Activity in Vancouver's hot housing market picked up in May, with homes sales rising 22.8 per cent from the month before, but were down from the previous year. Residential property sales for the month totalled 4,364, down 8.5 per cent from the 4,769 … . Greater Vancouver's housing market trended towards red-hot record levels seen in 2016 last month, driven by continued demand for condos and townhomes. A total of 4,364 homes sold in the region in May, down 8.5 per cent from the all-time record number

Two female constables have filed a class action lawsuit against Regional Police for what it calls systemic and institutional gender-based discrimination and harassment, sexual harassment and sexual assault. The pair say they were subjected to routine. Benchmark Metro Vancouver home prices rose 2.8% in May, compared with April, to $967,000. That is 8.8% more than in May 2016. Apartments saw the biggest month-over-month, percentage jump, rising 3.1% to $571,300. That is up 17.8% from May 2016.

A lot of attention has turned to who's buying all of that super expensive housing in Vancouver. So the Real Estate Board of Greater Vancouver (REBGV) has been quizzing their Realtors over the past year to get to a better picture. Turns out over the …

Vancouver home sales edging back toward record levels, real estate board says

Numbers show sales-to-active listings are 94.6 per cent for condominiums, 76.1 per cent for townhomes and 31 per cent for detached homes. Residential property sales totalled 4,364 in May, a leap of 22.8 per cent over the homes sold one month earlier …

Greater Vancouver home sales return to almost record levels in May

Realtors in Canada's most expensive city for housing report that market activity returned to near record levels in May, a mere nine months after the province introduced a 15 per cent tax on foreign buyers. But the Real Estate Board of Greater Vancouver. If the latest numbers are any indication, it looks like Metro Vancouver's housing market is starting to pick up the pace once again. The Real Estate Board of Greater Vancouver says residential property sales rose almost 23 per cent from April and were …

Avocado toast be damned. Home sales bounced back to nearly record levels across the Greater Vancouver area in May, according to the Real Estate Board of Greater Vancouver's latest numbers. Residential home sales hit 4,364 last month, just 8.5 per cent