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The vast majority of Canadians between the ages of 18 and 28 worry they will not be able to afford a home in their city of choice thanks to soaring real-estate prices, with half already giving up on their dream of owning a single-family home, according to a new survey.
Calgary has been among the hottest luxury markets in the country, says Sotheby’s International Realty Canada
Pandemic leads to renewed demand for larger properties and more space
Article content According to public records, the property was sold on July 9 and is now owned by 1307876 B.C. Ltd, with a mortgage registered by The Bank of Nova Scotia. We apologize, but this video has failed to load. Try refreshing your browser, or Joseph and Rosalie Segal's Belmont Avenue mansion sold for $42 million Back to video The company 1307876 B.C. Ltd was incorporated on May 31 and has as its sole director Peter Chung. Chung is the executive chairman of New Westminster-based Primacorp Ventures that has interests in health care, senior’s homes and real estates — as well as con...
By the middle of 2021, nearly 1,700 single-family home sales had sold over $1 million, up 94% year-over-year, with 49% of homes selling above the list price. As of last month, the benchmark prices for a single-family home in Vancouver West increased by 12.4% year-over-year to $3.458 million, while the same home type in Vancouver East increased by 16.3% year-over-year to $1.697 million. Upscale condominium sales also resurged over the first six months of 2021, regaining the ground lost last year due to the pandemic. During this period, luxury condominium sales over $4 million more than doubled...