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2162 Metro Vancouver real estate articles · all BC
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Canadian home sales down in April as mortgage rates rise
other · 20 Jun 2022 · Jonathan Russell
The Greater Vancouver Area, for instance, saw detached home prices drop just 0.4% since April—however, that is still more than 15% higher than it was last year during the same period. For attached homes, the prices rose 21.5% compared to those in May 202…
Kits social housing project faces neighbourhood opposition
other · 18 Jun 2022 · Tahmina Aziz
A vocal group in Kitsilano is once again rejecting plans for a social housing building in the neighbourhood.
Vancouver Real Estate: An agreement is not binding on court decisions
other · 17 Jun 2022 · Ian Holliday
A Vancouver man who sued the would-be buyer of his home for $600,000, claiming he was owed a deposit for that amount despite the deal falling through, has had his claims dismissed by the B.C. Supreme Court.
3 recommendations how to make home ownership more affordable in June 2022 | REBGV
REBGV · 17 Jun 2022 · REBGV Staff
The Real Estate Board of Greater Vancouver (REBGV) made three recommendations on how to make home ownership more affordable during consultations with the provincial government in June 2022.
Strata office of 1,051 square feet in downtown Vancouver sells for $1.29 Million
Western Investor · 17 Jun 2022 · Western Investor Staff
Strata office of 1,051 square feet in downtown Vancouver sold for nearly $350,000 over assessment value.
11,878 square feet mixed use commercial in Surrey sells for $4.12 million
Western Investor · 16 Jun 2022 · Re/Max Commercial Advantage
The downtown building on a 11,878 square foot lot contains eight commercial units and one residential rental in the suburban Surrey, B.C., community.
The 26 and 34 storey condo towers located in 20049 82nd Avenue, Langley
Western Investor · 16 Jun 2022 · Western Investor Staff
Latimer Village new condo towers nearly sold out before construction even started
The market for detached homes in Greater Vancouver has statistically become balanced
The Georgia Straight · 14 Jun 2022 · Carlito Pablo
The West Side of Vancouver and West Vancouver are now a buyer's market.
Proposed university tower to be the highest building in Metro Vancouver
Western Investor · 14 Jun 2022 · Wayne Moore
The University of British Columbia Okanagan (UBCO) hopes to take the phrase "higher learning" to a whole new level.
Vancouver’s council made significant amendments to the long-awaited and widely debated Broadway plan
The Vancouver Sun · 10 Jun 2022 · Dan Fumano
Opinion: Vancouver council worked through more than 20 amendments over the course of about six hours, but failed to reach a decision on the Broadway plan
2 units office strata in Surrey sells for $1.95 Million
Western Investor · 09 Jun 2022 · London Pacific Property Agents Inc.
Total sale price of two units was $620,000 above the BC Assessment value for a combined 2,690 square feet in the Surrey Heath Science Centre
A double digit drop in home sales in May
The Vancouver Sun · 07 Jun 2022 · Stephanie Hughes
Furthermore, data from the firm found that the falling sales-to-new listings ratio in major markets such as Toronto, Montreal, Vancouver and Calgary implies home price inflation could drop from 18 per cent in April to zero by the end of the year.…
Home sales in Vancouver calmer in May as interest rates cool market
The Georgia Straight · 06 Jun 2022 · Carlito Pablo
For all property types, the board reported that the sales-to-active-listings ratio for May 2022 was 29.2 percent, still a seller's market.
Scarcity in the market is now one of the most challenging in the country due to pandemic
The Vancouver Sun · 06 Jun 2022 · Joanne Lee-Young
"We've got 600-sq.-ft. units, and we're finding some businesses are buying five or six of these units," said Brennan Finley, the senior development manager at Wesbild, which is selling units in a six-storey, mixed-use industrial development in South Vancouver …
B.C. penthouse owners sue layers for vacancy taxes in common area battles
The Vancouver Sun · 06 Jun 2022
Concord Pacific CEO and Erickson penthouse owner Terry Hui alleges the strata council has delayed completion of penthouse during the fight over the common area, leading to the City of Vancouver charging a vacancy tax
Vancouver area overall dipped to $922,000 in May
other · 04 Jun 2022
A just-released report on rising interest rates is giving would-be home buyers and sellers an idea of the impact already being seen in the Vancouver area, and the results vary by city.
Greater Vancouver home sales down 31.6% from May of 2021, 9.7% from April of this year | REBGV
Western Investor · 03 Jun 2022 · Frank O’Brien
'Calming market' in May spooks some home sellers as transactions fall, listings rise and asking prices start to slide
Burnaby mega-development plans 5,000 homes, film studio
Western Investor · 02 Jun 2022 · Frank O’Brien
More than 5,000 homes, 17 towers, office space and a 450,000-square-foot film studio planned in First Nations-led development
Vancouver’s plenty of works ahead as it targets net-zero by 2050
Western Investor · 02 Jun 2022 · Peter Mitham
Consistent tracking of performance is a missing piece of the net-zero equation
Vancouver’s plenty of works ahead as it targets net-zero by 2050
Western Investor · 02 Jun 2022 · Peter Mitham
Consistent tracking of performance is a missing piece of the net-zero equation
VGH’s fundraising charity makes $100M acquisition of Vancouver property
The Province · 01 Jun 2022 · Joanne Lee-Young
The foundation in late March completed a deal to buy a 1.4 acre property at the 900 block of West 12th Avenue, which is right next to VGH's main campus
A 3-bedroom apartment in Port Moody rent up to $6,050 a month, or $5.08 square foot
Western Investor · 01 Jun 2022 · Mario Bartel
Furnished apartments in new Suter Brook building rent for as much as $6,050 a month
B.C. markets are now adjusting to a much different interest rate environment | BCREA
Western Investor · 31 May 2022 · Frank O’ Brien
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.
Metro Vancouver’s office market is the strongest in Canada
Western Investor · 31 May 2022 · Frank O’Brien
Concert's first acquisition in Brentwood seen as the highest price paid for a B.C. office property in the past two years
7.41 acres Retail Centre in Langley sells for $57.25 million
Western Investor · 27 May 2022 · Royal Pacific Realty
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.
Metro Vancouver multiple projects hit in the market place in the second half of 2022
Livabl · 27 May 2022 · Michelle McNally
As more renters return to Vancouver's urban areas, purpose-built rental rates across the region continued to rise during the first months of 2022. In its Vancouver Rental Take report for Q1-2022,
Parkland to spend $600 million to upgrade Burnaby refinery
Western Investor · 26 May 2022 · Sean Pratt
Two-plant refinery could generate 720 million litres of low-carbon gasoline and diesel fuel each year by 2026
Vancouver, Squamish Nation sign deal to ensure services for Kitsilano project
Western Investor · 25 May 2022
The service agreement, designed to provide utilities from the city to the First Nation development, will sit in escrow until details are finalized.
Vancouver votes to change building codes to tackle climate crisis
The Vancouver Sun · 21 May 2022 · Tiffany Crawford
Among the changes are that all new multi-family buildings will require cooling systems by 2025 and air filtration to protect residents from intense heat waves and fire smoke pollution.
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