Following are real estate transactions over $5,000 as listed in records of the Erie County clerk’s office for the week ending March 3, 2023.
Real eState
Erie County real estate transactions
• 35 Kingswaye Dr, Brian Duffy, Caitlin Walsh Duffy to Kendall Camille Olson, Cory Joseph Haenggi, $500,000.
• 227 Washington Hwy, Margaret A Miller to Karalyn Evanco, Taylor Jordan, $440,000.
• 189 Culpepper Rd, Michael D & Sylvia M Nascimben Revocable Living Trust to Karla Marble, Jason Marble, $415,000.
• 91 Taverly Dr, Andrea Hartman, Brock Darrah to Mst Nasrin Lubna, Md Mamunur Rosid Khan, $400,000.
• 206 Rue Madeleine , Kb Homestead Estates Llc to Joseph E Brignon, Deborah A Brignon, $399,900.
• 34 Misty Ln, Carol Simon to Laura Fetto, Ryan Baroudi, $360,000.
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• 164 Walton Dr, Nicole M Butchart to Lexie A Fromen, Lucas Fromen, $360,000.
• 173 Country Pkwy, Richard Ii Bruno to Charles J Ciotta, James E Odonnell, $290,000.
• 235 N Long St, Kimberly L Murray, Donald A Murray to Mark L Lalonde, Nicole Marie Ellis, $280,000.
• 18 E Summerset, Amherst Rental Group Llc to Kristine Assue, $246,489.
• 141 Eagle St, Lodema L Erbacher to 141 Eagle Street Trust, $245,500.
• 2660 N French Rd, Kats Development Llc to Clifford L Platek, Kathleen M Platek, $230,000.
• 26 Noel Dr, Andrea L Rowe, Christopher W Wittig, Geoffrey G Wittig, Roger J Wittig to Crystal Glenn, Donald Glenn, $225,000.
• 123 Imperial Dr, Brad D Brodnicki, Daryl D Brodnicki, Craig M Brodnicki, Sylvia P Brodnicki to Connor Cunningham, $205,000.
• 318 Sundridge Dr, Albert A Hanna to Ch Realty Ventures Inc, $197,000.
• 312 Sundridge Dr, Albert A Hanna to Ch Realty Ventures Inc, $190,000.
• 4230 Tonawanda Creek Rd, Julie L Carroll to James R Cornwell, Robert P Cornwell, $175,000.
• 9030 Transit Rd, John J Brownschidle to 9030 Transit Llc, $175,000.
• 720 Wehrle Dr, Wny Development Inc to Jason S Desain, $170,000.
• 263 Denrose Dr, Yin Chao Rausche to Javad Alipour, Neda Asad, $155,000.
• 69 Henel Ave Unit 2 , Barbara Markel to Amber Williams, $145,500.
• 2375 N French Rd, Kelly Hanlon, Mathew Hanlon, Rebecca J Talmud to Buff Real Llc, $136,000.
• 1150 Luther Rd, Sally V Davis, Davis 2021 Revocable Trust, Glyn E Davis to Anton Sergeevich Nekhai, Amelia Zipparo, $500,000.
• 1651 Hubbard Rd, Joseph P Garry to Sherese L Steffens, $275,000.
• 6397 Patchin Rd, Jill M Giambelluca to Casey Hopkins, $220,000.
• 965 Lafayette, Severyn Development Inc, to Lin/Ox Development Llc, $950,000.
• 115 Depew Ave, Rita A Bencini, Robert L Bencini to Scott Davidson Geraedts, Thien Khoi Vuong Nguyen, $720,000.
• 28 Edge Park, Heather Michelle Lindgren, Diane S Tyrrell to 28 Edge Park Llc, $649,900.
• 584 W Utica St, Buffalo Renaissance Properties Llc to Elizabeth Grace Sam, $352,200.
• 236 Vermont, 236 Vermont Llc to Nancy Jemison, Stephanie Zadora, $272,000.
• 371 14Th St, Ky Van Pham to Sa Nar Ja, Ar Nat, $220,000.
• 151 E Delavan Ave, New Buffalo Living Llc to Michael J Militello, $210,000.
• 90 Riverside Ave, Marilyn Mckenzie to Lay Newh, $200,000.
• 98 Bloomfield Ave, Dennis J Mcnaughton to Brian J Mcnaughton, $200,000.
• 278 Carolina, Dorothy Lewczyk to Michael T Eder, $195,000.
• 44 Remington Pl, Jennifer C Rogowski, Marcus A Rogowski to Theresa E Negron, Christopher R Schuster, $192,500.
• 99 Avondale, Richard Viggato to Haley B Snyder, Lucas W Palmer, $190,000.
• 173 Choate Ave, Regina M Bigelow, to Doria M Schlager-Gretzler, $185,000.
• 21 Orchard Pl, Holly Sterling to Jaszey T Walker, $184,000.
• 258 Longnecker, Jushna Begum, Ahmed Hossain to Mohasana Akter, Abu Taher, $175,000.
• 276 Ogden North, Michael J Pidanick to Har Sein, $165,000.
• 1079 E Lovejoy, Mitu&Sons Corp to Md D H Mozumder, $165,000.
• 508 Winspear,Barbara Plowucha to M Eqbal Aziz, $151,000.
• 254 Doat St, Md Fayzur Rahman, Jahanara Begum to Goljara Akhi, $150,000.
• 174 Butler Ave, Asiya Nieves to Sabbir Hussain, $150,000.
• 38 Royal Ave, Michael Frigioni to Justin Grieco, $148,400.
• 410 Wohlers, Maurisia N Mitchell to Marin Sutana, $145,000.
• 119 Fay, Mohammed Siddique to Rashidul Amin Khandaker, $145,000.
• 290 Esser Ave, Judith M Polizzi to Garrett Wynn, Corrie Thoman, $135,000.
• 135 Riverside Ave, Three Ocean Business International Inc to Kevin L Ross, $132,500.
• 303 Davey St, Bruce A Schwertfeger, Ellen M Schwertfeger to Jackie Lynn Dettman, $125,000.
• 44 B St, Karnafully Real Estate Llc to Mrp Property Inc, $120,000.
• 41 Trinity, Carlo V Madonia III to 493 Group Llc, $110,000.
• 147 Louisiana, Charles C Lore AKA Charles D Lore to David Mathis, Robin Smith, $100,000.
• 966 Kensington, Jeffrey Edward Marion, Brandon Hr Reed, Theresa P Wright Est to Bibi Kohinur Corporation, $92,000.
• 223 Blaine, Khondoker Akther Forid AKA Forid Khondoker Akther, Kamran Fahad AKA Fahad Kamran, Mostafa Rayhan Mohammad AKA Mohammad Mostafa Rayhan to Mohammed Nurul Muttakin, Shiuly Yeasmin, $90,000.
• 53 Linden Pk, Burks Vincent D to Al Ameen Inc, $90,000.
• 107 Goembel, Karen A Perna, John F Perna to Shahadat Sikdar, $90,000.
• 129 Hamlin Rd, Of America Na Bank to Shawntre D Allison, $89,000.
• 638 Utica East, Hilary C Banker, Elease Folley, to Cascade Funding Mortgage Trust Hb5, $88,044.
• 72 Riverside, 10 Equistris Realty Llc to Shukri Bile, $86,000.
• 515 Woodlawn Ave, Muhammad M Rahman to 230 Lasalle Homes Llc, $85,000.
• 873 Walden Ave, Bright Future Green Inc to Waldan Llc, $80,000.
• 9 California St, Brook Evans to Lackram Dorasami, Rookminie Dorasami, Seewlingum Dorasami, $80,000.
• 41 Bolton Pl, Nancy J Beagle to Shea E Akers, $72,000.
• 132 Goembel, John F Perna to House Hunter Inc, $70,000.
• 30 Brooklyn, Briscoe Property Inc to Moradula A Chowdhury, Sabrina Salam, $65,000.
• 62 Crossman Ave, Njcc-Nyc Community Restoration Fund Ii Llc to Rozy Akhter, Md Irfanul Kabir, $61,000.
• 100 Decker St, Rebecca Macleod to Md Tayabur Rahman, $60,000.
• 57 Cornwall Ave, Kristin Langdon Arcuri, Geraldine Jones Est to Mny Property Llc, $51,500.
• 130 Floss Ave, Patricia Truesdale to Abdul Haq, Ruqiya Begum, $50,000.
• 44 Cazenovia St, Robert A Spiess, Carol P Spiess to Fkc 2 Llc, $50,000.
• 5 Concord, Brian Emmet Leo Oshei to Mohamad Eliyas Bin Esof, Anwar Begum Binti Fazil Ahmad, $47,000.
• 354 Davey, Mohammed Shamin Sheikh, Azizur Rahman, Mijanur Rahman to Zf Realty Ny Llc, $40,000.
• 81 Stanley St, Laura I Kauppi to Skhan Llc, $35,500.
• 471 Babcock St, Keith F Durski, Frank L Durski to Zim Llc, $35,500.
• 473 Babcock St, Frank L Durski, Keith F Durski to Zim Llc, $35,500.
• 197 Hewitt Ave, Angie Archibald to Jorna Management Llc, $35,000.
• 157 Selkirk St, Travis Oquinn to Christopher Johnson, $31,000.
• 344 Roesch Ave, Carlton Hyers to Westend Properties Of Buffalo Llc, $25,000.
• 18 Hoffman Pl, Drj Properties Of Buffalo Inc to Aakir&Yahan Properties Inc, $13,500.
• 12 Hazelwood Ave, Dorian Jennings, Annoise D Jennings Sr to Dorian Jennings, $8,000.
CHEEKTOWAGA
• 12 Jessica Ln, Donald J Inglut, Thomas E Inglut to George A Peppes, $306,000.
• 20 Old Stone Rd, Nurjahan K Hossain to Turjaun Kaber, $290,000.
• 833 Losson Rd, Josephine B Needham, Kenneth R Needham to Becka Maczo, Jacob J Maczo, $288,500.
• 1229 George Urban Blvd, Zachary Schifferle to Salam Nabi, $270,000.
• 1751 Kensington Ave, Queen City Invest Llc to Asm Abdul Bari, Tahia Fiona Kasem, $220,000.
• 53 Poinciana Pkwy, Hallmark Homes Llc to David Trabert, $214,900.
• 155 Treehaven Rd, Tamarisk S Boucher to Eric F Hemphill, Annie Hemphill, $201,000.
• 201 Crocker St, Aris Q Rizzo to Niklaus Schweizer, Rebekah Schweizer, $169,000.
• 759 Cayuga Creek Rd, Edward Anthony Brydalski, to Alexander M Kutas, Rosanna Kutas, $163,000.
• 212 Wagner Ave, Dorothy Mckenna to Ashleigh Buss, John Buss, $150,000.
• 28 Andrews Ave, David A Iten to Bangladesh Plaza Llc, $110,000.
• 159 Jackson Ave, James Jarembek to Hypotheca Property Group Llc, $100,000.
• 50 Marne Rd, Randolph Monterro, Angelina Luchey to Angelina Luchey, $80,000.
• 5457 Waterlefe Dr, Tesmer Builders Inc to Brian S Perelstein, Jennifer Perelstein, $999,388.
• 5659 Creekwood Ct East, Natale Building Corp to Maria Tiberia, Nicholas Tiberia, $575,900.
• 4987 Kraus Rd, 4987 Kraus Road Llc to Heather J Regan, $265,000.
• 14072 Palmerton St, Ronald H O Emerson to Jeanette C Wampler, $6,000.
• 5726 Woodside Rd, Mary Jane Meli to Gary P Oshei, $335,000.
• 39 Forestview Dr, Clifford S Mayle Jr to Angela R Czerniejewski, Tae Sun Stark, $262,000.
• 11 Leonard Dr, Bernadette Smith to Kristina Knee, David E Knee, $180,000.
EAST AURORA
• 254 Perry, Scott F Diebold, Dena R Diebold to James Maza, $376,000.
• 677 East Fillmore Ave, Scott Walters to Anne L Schwartz, $206,900.
• 833 Beach Rd, Suzette M Zamrok to Andrew R Zamrok, Valerie M Janiga, $200,000.
• 9615 Versailles Plank Rd, Mallory A Bley to Mitchell D Williams, $81,260.
• 6709 Reve, Gregg Heckman, Marie Heckman to Paul Heckman, $45,000.
GRAND ISLAND
• 1961 Huth Rd, Joseph J Banko, Kimberly A Banko to Jason Raymond Gordon, $325,000.
• 444 Whitehaven Rd, David San Lorenzo to James J Dimino, Margaret Rogers, $315,000.
• 85 Sturbridge Ln, Of Veterans Affairs Secretary to Kristina Baranyi, $270,000.
• 1011 Sheree Dr, Patricia M Schwarzkopf AKA Cornavaca to Edwin J Alvarez, $250,000.
• 1889 Bruce Ln, Stephanie Foster to Hannah E Kurek, $222,000.
• 3100 Love Rd, Mrr Property Solutions Llc to Putting Around 2 Llc, $220,000.
• 3455 Warner Dr, William T Mckibben to Kimberly A Banko, Joseph J Banko, $194,500.
• 1646 Whitehaven Rd, Russell S Capizzi, to Josephine Ciffa, Vincent J Ciffa, $190,000.
• 4957 Marilyn Dr, Lynn M Anstett to Sarah A Bannister, John R Bannister, $299,000.
• 3206 Durham Rd, Elizabeth Forestier to Tyler A Smith, $280,000.
• 3432 Dickens Rd, Katherine L Waddell to Janice Miano, $267,000.
• 101 Randall Terr , Jeanne M Mcnamara to Anthony Keller, David Robert Butzer, $248,000.
• 4797 Milestrip Rd, Kevin J Guadagno, David Wolff Jr to Imran Patel, $232,000.
• 3703 Wabash Ave, Susan M Gullo, Michael L Bracci, Joseph M Bracci, Anthony A Colafranceschi, Mario M Colafranceschi, Peter L Colafranceschi to Timothy Squires, $208,550.
• 3675 Horton Ave, Eve R Kelso to Heather J Kelso, $200,000.
• 5082 Morgan Pkwy, Samantha K Stuart, William A Stuart III to Kimberly B Cavanagh, $186,000.
• 3076 Lyth Rd, Mildred A Stelter to Theodore S Pemberton, Jolene Case, $179,900.
• 19 Lenora Dr, William J Dustin to Matthew Wayne Scheible, $175,000.
• 5128 Olympic Ave, Dawn M Checko to Kevin Nunn, $155,000.
• 4122 Jarvis St, Mary E Oconnor to James Claydon, $142,500.
• 23D Crownview Ter, Colleen P Butler to Sean M Fairi, $120,000.
• 9603 Wagner Rd, Paul Teluk, Maria Teluk to Michael Redmond, Morgan E Redmond, $372,500.
• 9172 Olean Rd, Cheryl Ann Post, Laurie L Lee to Leah Laura Quinlan, Kyle Matthew Keys, $215,000.
• 320 Tremont Ave, John J Rubino, Rene L Rubino to Shawn Smith, $225,000.
• 257 Tremont Ave, Lisa L Wedlake to Michael Shaw, $142,000.
• 345 West Hazeltine Ave, Nancy Barry to Michael Defelice, $125,000.
• 348 West Hazeltine Ave, Philip J Grimmer to Bhola Grewal, Lakhwinder Singh Multani, $100,000.
• 139 Keller Ave, B Gayle Knight to Shane Knight, $55,000.
LACKAWANNA
• 201 Highview Cir, Seth Edwards to Bruce A Schwertfeger, Ellen M Schwertfeger, $185,000.
• 48 Relich Ave, Chester Theodore Lasota to James Lasota, $140,000.
• 12 Burke Dr, Dennis E Zielinski to Anthony Catuzza, $105,000.
• 42 Colton Ave, Mushtaq M Kaid to Ahmed Mana Alajji, $45,000.
• 178 Nichter Rd, Susan M Butlak, Wayne R Drzymala to George Neiderman, Jill Neiderman, $732,000.
• 101 Pardee Ave, Doris M Wisniewski to James Seifert, Mary Seifert, $299,900.
• 67 Nichter Rd, Maranne M Knibloe to Robert T Whisker, $234,000.
• 52 Northwood Dr, Lawrence F Helminiak to Elizabeth Mariani Irrevocable Trust, $234,000.
• 31 Colonial Ave, Roseann P Muscarella to Karyna Gabriela Malave, $220,000.
• 48 Cowing St, Janet M Miller to Laverack Llc, $100,000.
• 12906 Bullis Rd, John A Cullen to Warren D Cullen Jr, $9,000.
• Lot #2 Utley Rd, Hickory Tree Estates Llc, to Larry Merkle, Wendy Merkle, $265,000.
• 13517 Stage Rd, Richard M Krzykowski to Michael Borth, $90,000.
ORCHARD PARK
• 5891 Seufert Rd, Arr Holdings Llc to Mary T Cormier, Michael William Cormier, $840,118.
• 10 Bentley Dr, Orchard Park Equity Associates Llc, to Jerri A Weppner, Oliver J Weppner, $650,000.
• 26 Crabapple Ct, Damian Redlinski, Duane Redlinski, Lorraine J Redlinski, Marlene Redlinski to Mary Tucker, $265,000.
• 5971 Lake Ave, Mary Alice Harrigan to Brian J Borkowski, Jacqueline M Borkowski, $235,000.
• 95 Carriage Dr U7, Joseph Milkowski Jr to Jose G Guerra, $160,000.
• 6716 Bunting Rd, Frances A Samol to Michael Weilert, Dena Owens, $140,000.
• 3394 Angle Rd, Douglas W Smith, James D Smith, James M Smith to Douglaw W Smith, Julie Noel Smith, $138,857.
• 11295 Allen Rd, Richard J Hesse, Judy A Hesse to Sheri A Czechowski, Steven P Czechowski, $20,000.
SPRINGVILLE
• 28 N Central Ave, Adam L Bojak, Richard M Robel, to Omaha Property Manager Llc, $105,000.
CITY OF TONAWANDA
• 59 Summit St, Jay Robert Penberthy AKA Jerome R Penberthy to Jessica Albert, $160,000.
• 47 Virginia St, Lycaste Llc to Connor Quentin Banks, $137,800.
• 571 Broad St, Ross E Aydelotte to Keith D Simmons, $131,000.
• 436 Broad St, Rcf 2 Acquisition Trust Tr, Us Bank Trust Na to Mohamed Abdirahman Hirsi, $70,000.
• 95 Willowgrove Ct, Timothy M Welch to Mary Jane Meli, $255,000.
• 425 Ashford Ave, Darelene M Ryan, Scott T Johnston, Diane E Golata to Kathleen J Antonucci, $245,000.
• 186 Green Tree Rd, Najla Rashad Shtayeh, Hathem Shtayyeh, Majed Ishtiyyeh to Alissa Mustain, Austin Mustain, $230,000.
• 195 Westfall Dr, Barbara J Pernick to Clayton James Brossett, $165,000.
• 16 Legion Dr, Beverly A Graber, Charles Frederick Graber, Donna L Haslinger to Deutsche Bank National Trust Company Tr, Equitrust Mortgage Loan Trust 2005-1 Asset-Backed Certificates Series 2005-1 Tr, $130,435.
• 12 Overbrook Ave, Metropolitan Life Insurance Company to Kennedy Development Llc, $120,000.
• 336 Mcconkey Dr, Thomas Masterson to Brian D Masterson, $76,000.
• 122 Harrison Ave, Yelena Margolina to Gregory Scarpace, $75,555.
• 310 University Ave, Michael Nicholoff to Howard M Scholl III, Erik R Zorich, $50,000.
• 159 Edgar Ave, Tina Hawthorne, Robert W Scruggs to Rymato Inc, Wny Partner Holdings Inc, $26,801.
WEST SENECA
• 33 Greenhill Ter, Jonathan J Brotka, Melissa A Brotka to Weichert Workforce Mobility Inc, $323,000.
• 33 Greenhill Ter, Weichert Workforce Mobility Inc to Chandra Lee Rozak, David Eugene Rozak, $323,000.
• 359 Schultz Rd, Beverly M Strassburg AKA Beverly M Napieralla to Frank Annarino, $310,000.
• 143 South Dr, Ryan Homes Of New York to Tracy A Burke, $293,840.
• 45 Sunnyside Dr, Laura Ciotoli, Marlene Bender, Sandra Morath to Samantha C Przybysz, $254,000.
• 105 Treehaven Rd, Gardenview Properties Inc to Tlf Properties Llc, $249,900.
• 4032 Clinton St, Susan E Larkin, Ryan Larkin to Katelyn M Meier, $234,500.
• 141 Heather Hill Dr, Antoinette H Riter to Tara Hanlon, Cameron Makowski, $220,000.
• 105 Treehaven Rd, Alvaro M Fernandez, Rebecca N Fernandez to Gardenview Properties Inc, $205,162.
• 108 Wiesner Rd, John Mancini to Monica Kepler, Joseph Kepler, $191,000.
• 613 Indian Church Rd, Heather M Sheasley, Christina Arthurs to Carrington Mortgage Services Llc, $91,726.
Real eState
Greater Toronto home sales jump in October after Bank of Canada rate cuts: board
TORONTO – The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.
The board said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.4 per cent compared with 4,611 in the same month last year. Sales were up 14 per cent from September on a seasonally adjusted basis.
The average selling price was up 1.1 per cent compared with a year earlier at $1,135,215. The composite benchmark price, meant to represent the typical home, was down 3.3 per cent year-over-year.
“While we are still early in the Bank of Canada’s rate cutting cycle, it definitely does appear that an increasing number of buyers moved off the sidelines and back into the marketplace in October,” said TRREB president Jennifer Pearce in a news release.
“The positive affordability picture brought about by lower borrowing costs and relatively flat home prices prompted this improvement in market activity.”
The Bank of Canada has slashed its key interest rate four times since June, including a half-percentage point cut on Oct. 23. The rate now stands at 3.75 per cent, down from the high of five per cent that deterred many would-be buyers from the housing market.
New listings last month totalled 15,328, up 4.3 per cent from a year earlier.
In the City of Toronto, there were 2,509 sales last month, a 37.6 per cent jump from October 2023. Throughout the rest of the GTA, home sales rose 48.9 per cent to 4,149.
The sales uptick is encouraging, said Cameron Forbes, general manager and broker for Re/Max Realtron Realty Inc., who added the figures for October were stronger than he anticipated.
“I thought they’d be up for sure, but not necessarily that much,” said Forbes.
“Obviously, the 50 basis points was certainly a great move in the right direction. I just thought it would take more to get things going.”
He said it shows confidence in the market is returning faster than expected, especially among existing homeowners looking for a new property.
“The average consumer who’s employed and may have been able to get some increases in their wages over the last little bit to make up some ground with inflation, I think they’re confident, so they’re looking in the market.
“The conditions are nice because you’ve got a little more time, you’ve got more choice, you’ve got fewer other buyers to compete against.”
All property types saw more sales in October compared with a year ago throughout the GTA.
Townhouses led the surge with 56.8 per cent more sales, followed by detached homes at 46.6 per cent and semi-detached homes at 44 per cent. There were 33.4 per cent more condos that changed hands year-over-year.
“Market conditions did tighten in October, but there is still a lot of inventory and therefore choice for homebuyers,” said TRREB chief market analyst Jason Mercer.
“This choice will keep home price growth moderate over the next few months. However, as inventory is absorbed and home construction continues to lag population growth, selling price growth will accelerate, likely as we move through the spring of 2025.”
This report by The Canadian Press was first published Nov. 6, 2024.
The Canadian Press. All rights reserved.
Real eState
Homelessness: Tiny home village to open next week in Halifax suburb
HALIFAX – A village of tiny homes is set to open next month in a Halifax suburb, the latest project by the provincial government to address homelessness.
Located in Lower Sackville, N.S., the tiny home community will house up to 34 people when the first 26 units open Nov. 4.
Another 35 people are scheduled to move in when construction on another 29 units should be complete in December, under a partnership between the province, the Halifax Regional Municipality, United Way Halifax, The Shaw Group and Dexter Construction.
The province invested $9.4 million to build the village and will contribute $935,000 annually for operating costs.
Residents have been chosen from a list of people experiencing homelessness maintained by the Affordable Housing Association of Nova Scotia.
They will pay rent that is tied to their income for a unit that is fully furnished with a private bathroom, shower and a kitchen equipped with a cooktop, small fridge and microwave.
The Atlantic Community Shelters Society will also provide support to residents, ranging from counselling and mental health supports to employment and educational services.
This report by The Canadian Press was first published Oct. 24, 2024.
The Canadian Press. All rights reserved.
Real eState
Here are some facts about British Columbia’s housing market
Housing affordability is a key issue in the provincial election campaign in British Columbia, particularly in major centres.
Here are some statistics about housing in B.C. from the Canada Mortgage and Housing Corporation’s 2024 Rental Market Report, issued in January, and the B.C. Real Estate Association’s August 2024 report.
Average residential home price in B.C.: $938,500
Average price in greater Vancouver (2024 year to date): $1,304,438
Average price in greater Victoria (2024 year to date): $979,103
Average price in the Okanagan (2024 year to date): $748,015
Average two-bedroom purpose-built rental in Vancouver: $2,181
Average two-bedroom purpose-built rental in Victoria: $1,839
Average two-bedroom purpose-built rental in Canada: $1,359
Rental vacancy rate in Vancouver: 0.9 per cent
How much more do new renters in Vancouver pay compared with renters who have occupied their home for at least a year: 27 per cent
This report by The Canadian Press was first published Oct. 17, 2024.
The Canadian Press. All rights reserved.
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