The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) processed 799 sales in January, a decrease of 4 per cent compared to the 834 sales in January last year and 10 per cent fewer than were processed in December. In the last decade, January 2012 was second only to 2009 for lowest volume. On [...]

Showcasing 10 of the most expensive houses in the world. Owning a home maybe one of the most expensive things people will buy during their life. As the 2011 property market throws a curve ball to most average investors, there are properties on the market that continue to blow the budget of most mortgage providers [...]

Project construction expected to create an estimated 8,000 direct and indirect jobs METRO VANCOUVER — The Tri-Cities are preparing for a rush in development applications after the province announced Wednesday that pre-construction would begin on the $1.4-billion Evergreen Line, following years of delays. B.C. Transportation Minister Blair Lekstrom said the province has signed deals with [...]

After surprising growth in 2011, Greater Vancouver real estate prices will rise just two per cent in 2012, Canada Mortgage and Housing is forecasting. In 2011, CHMC predicted price growth of just three per cent, tempered by an expectation of higher interest rates, but interest rates stayed low and prices ultimately jumped 16 to 17 [...]