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B.C. markets are now adjusting to a much different interest rate environment | BCREA
The BCREA predicts that home prices will increase 11.5 per cent this year compared to 2021, but that now appears optimistic based on recent listings information, particularly in the Lower Mainland.
7.41 acres Retail Centre in Langley sells for $57.25 million
The retail property covers 76,831 square feet on 7.4 acres and is anchored by nine national tenants in the centre of Willowbrook shopping district in Langley, B.C.
Fraser Valley sales dip below 10-year average for first time in nearly two years
However, the cooling trend might actually prove beneficial for would-be home buyers
3.2 acre Industrial land in Abbotsford sells for $6.5 million
Recently removed from the Agricultural Land Reserve in West Abbotsford, B.C., the land is now designated for industrial development.
39,325 square feet land assembly at Langley sells for $9.12 million
The 0.90-acre parcel is currently zoned for a maximum multi-family density of FSR2.1, equating to a sale price of $110 per-square-foot buildable.
0.24-acres retail sells for $1.49 Million located in 45835 Yale Road, Chilliwack, B.C.
The 3,150-square-foot restaurant property is on a busy street in central Chilliwack, B.C.
43,734 square feet industrial property in Chilliwack sells for $3.29 million
Land zoned for light industrial with easy access to Trans-Canada Highway sold for the full asking price.
86.7-acres waterfront development sites in Fraser Valley
Mission 86.7-acres on the Fraser River is open to bids as a 'large-scale development site' with OCP already in place for a variety of uses
0.42 acres condo development site sells for $1.7 Million located in Yale Road, Chilliwack
Two lots assembled into a small condominium development site near an elementary school and close to downtown Chilliwack, B.C.
0.42 acre condo development land in Chilliwack sells for $1.7 million
Two lots assembled into a small condominium development site near an elementary school and close to downtown Chilliwack, B.C.
2.5 acres townhouse development sells for $8.56 Million located in 202A Street, Langley
The flat lot currently has a single detached house but is designated for townhouse development at eight to 22 units per acre in Willoughby area of North Langley.
B.C. home sales began to normalize amidst pandemic
The Kamloops and District Real Estate Association and the Association of Interior Realtors recorded a nearly 29 per cent increase in residential prices, while in the Lower Mainland, Chilliwack and the Fraser Valley saw average home prices go up to $697,250 and…
B.C. home buyers seeking more for their money have looked east
Those who sell high, but want to remain in the community, must also buy high. As a result, some sellers have chosen to delay listing their homes until more properties come on the market, said Abbotsford realtor Michele Matteazzi.
2.5-acre Chilliwack brownfield site zoned industrial sold for $5.4 million
"Being on the forefront of working on new greenfield and brownfield projects in the Lower Mainland, we see that there's very little industrial land remaining, and it's increasingly shrinking in both Metro Vancouver and the Fraser Valley," Gaglardi said.…
Residents insights regarding the increase of housing in B.C. in the next five years
A further 11 per cent are thinking of selling and moving somewhere else in B.C. and nine per cent are considering moving to another country to afford a better home or buy something less expensive, according to the poll. As for Metro Vancouver homeowners specif…
1.12 acres multi-family rental sells for $9.3 million located at Chilliwack, B.C.
Condominium-quality rental building is close to downtown Chilliwack on a 1.12-acre lot.
0.90 acre industrial land sells for $12.33 Million located at Fraser Highway, Surrey, B.C.
Fleetwood-area strata-windup industrial property is in the new Surrey-Langley SkyTrain corridor and has OCP rezoning potential for a higher-density mixed-use development.
Industrial building sells for $2.3 Million located at Langley, B.C.
The freestanding building, in the Aldergrove area, is zoned light-industrial and includes renovated office space
0.2 Acres site sells for $1.52 Million located at Wellington Avenue, Chilliwack, B.C.
The site, currently with three commercial addresses, sold with development potential on a prime site in the downtown core.
High demand is leading in B.C. builders amidst pandemic
"Absolutely nothing has changed with us," said Kevin Mierau, president of Mierau Contractors Ltd. in Abbotsford, which handles commercial projects as well as some multi-family construction. A director of the Vancouver Regional Construction Association (VRCA) a…
1.22 acres commercial sells for $5.5 Million located at 45676 Yale Road, Chilliwack, B.C.
Commercial centre has 21,651 square feet, including a mezzanine, on a 1.22-acre site.
0.89 acres land sells for $4.15 Million located at 46539 Yale Road, Chilliwack, B.C.
The Yale Road land is under third reading for a development of a proposed 72-unit residential condominium project
37.54 acres in Abbotsford sells for $4.4 Million located at 2434 264th Avenue, Aldergrove, B.C.
The land on 264th Avenue in the fast-growing community has suburban residential zoning, Varing Marketing Group, Abbotsford, B.C., for Western Investor
6,997 square feet sells for $1.57 Million Located at 33761 Essendale Avenue Abbotsford BC
The 6,977 square foot retail building has "exceptional exposure and retail frontage" in the historic downtown area of Abbotsford, B.C.
72 square feet is the tiniest and latest offer and doesn’t need a building permit
"Our core business is for granny flats and homes for First Nations," said Chase Lefneski, a spokesman for Dwelltech, based in Maple Ridge, B.C., where the May benchmark house price was up 34 per cent from a year ago to $1.1 million.
0.93 acres sells for $6.53 Million located at 53rd Avenue, Langley, B.C.
The six single-family lots cover a total of 0.90 acres and were assembled for a potential high-density residential development.
CanFirst Industrial Realty Fund VII purchase of an 11-building portfolio located in Surrey and Abbotsford, B.C
Toronto industrial fund steps in with $104.5 million acquisition of 11 buildings in Surrey and Abbotsford
Amazon plans to build distribution center in Metro Vancouver
The retailer opened a 200-employee delivery station in Langley Township in mid-February. The other sites are slated to open later in 2021.
143-unit ERA low-rise strata project in Maple Ridge sold out in hours - Metro Vancouver
On a single day – April 25 - the last 10 of 30 townhouses sold at an average price of $720,000. All 112 condo units in the low-rise development in downtown Maple Ridge sold in the $500,000 to $600,000 range.
2.5 acres industrial site sells for $5.5 Million located at Progress Way Chilliwack
Considered a record per-acre price for Chilliwack industrial, the site is zoned for service industrial on Progress Way.
Building List Count by City
- Abbotsford - 447
- Agassiz - 28
- Burnaby - 55
- Burnaby East - 77
- Burnaby North - 365
- Burnaby South - 343
- Campbell River - 1
- Chilliwack - 221
- Cloverdale - 193
- Comox Valley - 10
- Coquitlam - 563
- Delta - 10
- Duncan - 41
- Esquimalt - 59
- Gulf Islands - 6
- Harrison Hot Springs - 13
- Harrison Mills - 1
- Hope - 22
- Ladner - 109
- Langford - 156
- Langley - 529
- Maple Ridge - 312
- Mill Bay - 2
- Mission - 65
- New Westminster - 444
- North Delta - 28
- North Island - 2
- North Saanich - 8
- North Surrey - 409
- North Vancouver - 747
- Oak Bay - 44
- Osoyoos - 1
- Parksville / Qualicum - 7
- Penticton - 8
- Pitt Meadows - 75
- Port Alberni - 2
- Port Coquitlam - 266
- Port Moody - 267
- Richmond - 1162
- Saanich East - 232
- Saanich West - 92
- Sardis - 153
- Sidney - 152
- Sooke - 39
- South Surrey White Rock - 713
- Surrey - 662
- Tsawwassen - 97
- Vancouver East - 998
- Vancouver West - 2482
- Victoria - 665
- View Royal - 46
- West Vancouver - 230
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The listing data is deemed reliable but is not guaranteed accurate by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board, Real Estate Board of Greater Vancouver, nor BCCondos.