Home of the Week

This new build in Kamloops, B.C. has a walkout basement, space for an RV or boat, and a legal basement suite. Listed for $1,899,900. Contact the seller directly.

Vancouver has had lowest year of housing sales this century

Greater Vancouver area will likely see its lowest year of home sales this century. In that market, this is largely a reflection of affordability, with the average price of a detached home at over $2M and a condo a just under $800K. Read More

Ontario takes over real estate regulator

In response to a $10-million fraud scandal, the board of the Real Estate Council of Ontario was let go. An independent investigation showed that the province’s real estate regulator let a brokerage operate for months after learning about a trust fund shortfall. Bank accounts were frozen in August and many realtors are still waiting on commission cheques.  Read More

Super roofs in North Carolina saving owners and insurers money

North Carolina’s state insurer has been encouraging homeowners to install hurricane-resistant “super roofs”. More than 20K homes now have these roofs. Fortified homes had 60% fewer claims than code-compliant homes during regular storms, and 20%-30% fewer claims of lower severity during named (big) storms. Read More

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