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North Shore News

Real estate values sink for detached homes in West Vancouver, North Vancouver

Jane Seyd, North Shore News, Jan 8, 2019

Dramatic changes in the real estate market have shifted areas of the North Shore that were multiple-offer territory into a buyer’s arena.

What went up in a spectacular rise in the run-up to the real estate peak of 2016 is now on its way back down. The most dramatic changes have been in the market for detached homes, particularly for the priciest mansions in West Vancouver.

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Raised homeowners’ grant benefits half of North Shore owners

Jane Seyd, The North Shore News, Jan 16, 2017

Nearly 13,000 homeowners on the North Shore got a tax break from the provincial government last week.

That’s because the province announced it is raising the assessment threshold cut-off for the homeowners’ grant to $1.6 million of assessed value from a previous $1.2 million.

According to the data company Landcor, which analyzed BC Assessment figures,

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Homeowner grant threshold upped to $1.6M

Jane Seyd, North Shore News, Jan 10, 2017

Thousands of homeowners in North Vancouver will get to keep the provincial homeowners grant after the government announced Tuesday it is raising the assessment threshold at which owners no longer qualify for the help.

Finance Minister Mike De Jong made the announcement Tuesday morning in Vancouver.

The change raises the threshold at which owners begin to lose the grant from $1.2 million to $1.6 million of assessed value,

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Foreign-buyer real estate deals plunge

Jane Seyd , North Shore News, Sept 22, 2016

Figures released by the province on Thursday appear to confirm what many local Realtors already knew – that interest from foreign buyers in the real estate market has fallen significantly since the province imposed a 15 per cent tax on deals involving foreign citizens.

According to data released by the government, real estate transactions involving foreign buyers made up about 13 per cent of the total number and 16 per cent of the total value changing hands between June 1 and Aug.

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North Shore real estate: The new gold rush

Jane Seyd, North Shore News, May 7, 2016

For the past 13 years, freelance writer Alex Rose and his family have lived in a neighbourhood of gentle green hills in West Vancouver, on the corner of St. Denis and Palmerston. Rhododendrons and roses bloom in gardens and there’s a view across Burrard Inlet from the deck.

“It’s a very modest house with a lovely bit of land,” said Rose – similar to other older homes that used to make up the neighbourhood.

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Real estate slowdown continues

James Weldon, North Shore News, December 5, 2008

The benchmark price of a detached home in North Vancouver has dropped almost 20 per cent in the last six months, according to figures released this week by the Real Estate Board of Greater Vancouver.

Real estate sales on the North Shore continued to slow last month, dragging some housing prices down close to 20 per cent from their springtime peak,

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House sales slow across N Shore

Deneka Michaud, North Shore News, July 9, 2008

After years of favourable conditions for home sellers, the North Shore real estate market appears to be giving buyers the upper hand, according to a new report issued by the Real Estate Board of Greater Vancouver.

Multiple Listing Service figures released by the board last week show that sales for both North and West Vancouver in June were down from the same time last year,

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