Zillow Canada British Columbia (2024)

FAQs

Does Canada have a Zillow equivalent? ›

Zillow is the leading real estate marketplace dedicated to helping buyers, sellers, and renters find information and inspiration around the place they call home. Zillow Canada listings feature property photos, listing price, neighborhood maps, upcoming open houses (as allowed safely) and nearby homes for sale.

There is plenty of demand for housing in British Columbia right now, which is why there has been such a spike in home prices over the past year and is the most expensive province in Canada. Here are the average house prices in some of the most popular cities in BC: Greater Vancouver*: $1,168, 700.

The benchmark home price in British Columbia has declined to $977,900, 0.4% lower month-over-month and 1.8% lower year-over-year. Home sales in British Columbia have also decreased. 6,943 sales were recorded in July 2024, marking a 2.1% decrease year-over-year and down by 2.0% month-over-month.

The cheapest land is in the north. Places like the Peace River area and West or North of Prince George. There is also 'homesteading' available in the north. The government will provide you with a lease-to-buy raw land very cheaply from them provided you are willing to develop it by building a home on the land.

Zillow is based on publicly available property data. The Canadian Real Estate Association “CREA” does not make such data publicly available in Canada, hence, Zillow does not render any of its services for Canadian consumers.

Prohibition on the Purchase of Residential Property Act by Canadians Act. Starting January 1, 2023, non-Canadians will be prohibited from purchasing residential real estate in Canada.

Income needed to afford to buy a home in Canada 2023, by city. Prospective homebuyers in Vancouver, British Columbia, and Toronto, Ontario, needed an annual income of over 200,000 Canadian dollars in 2023 to qualify for the average priced home. In Vancouver, this figure was approximately 237,000 Canadian dollars.

The Real Estate Market in BC

Despite the updates to market prices across Canada in 2022 & 2023, BC has a stable real estate market nationally, followed by Ontario's housing market. Moreover, Vancouver's housing market remains the most attractive area to buy a home in Canada, even compared to the Greater Toronto Area.

The cheapest place to live in BC is Prince Rupert. Other places that are cheap to live in BC include Prince George and Dawson Creek. The most expensive cities to live in BC are Vancouver and Victoria.

What is the average monthly rent in British Columbia? ›

BRITISH COLUMBIA— A new report from Rentals.ca and Urbination shows that B.C. rent price dropped by two percent from 2023. However, the average asking price on rent is still $2,494.

With a thriving healthcare system and low crime rates, BC is a fantastic place to live for families and working individuals alike. Aside from fantastic career opportunities and good wages, British Columbia also offers a plethora of cultural sites and experiences to enjoy.

Yes, but a fuller response requires that you familiarize yourself with the BC Homestead Act, first. Once you have done that, please feel free to get back to us.

Redfin is a real estate website that allows users to search for homes for sale, rentals, and real estate agents across the United States and Canada. Users can view MLS listings, schedule home tours, get alerts when new listings match their criteria, and connect with local Redfin agents to buy or sell a home.

Overall, Canada is more affordable than the US, but the US has a higher median income. Comparing the cost of living in both countries is tricky because living costs vary dramatically within each city. It's important to consider the hidden costs and savings of public goods and services when comparing costs of living.

As of June 2024, RESO tracks 535 MLS systems in the U.S., 39 in Canada and 9 others in U.S. territories and other parts of the world. RESO tracks individual MLS systems for certification purposes and as a service to the real estate industry.

It's a fact that the huge power of Zillow.com is only available to US and USA territories located property listings. Realtors with international listings cannot list international property on Zillow.