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Greater Vancouver home prices continued to soar in March | REBGV
Home owners transacted 4,344 sales in March, down 23.9 per cent from the record monthly high of 5,708 homes in March 2021. March's sales total was 25.5 per cent higher than the 10-year average for that month.
New 32-storey office tower approved for downtown Vancouver
New triple-A office tower will be 344,000 square feet, more than twice the size of the existing Canada Revenue building, and feature private air circulation for each floor
Housing market remained elevated in March | REBGV
There were 6,673 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in March 2022. This represents a 19.5 per cent decrease compared to the 8,287 homes listed in March 2021 and a…
Metro Vancouver rental property continue to rise as the market shifts into springtime
Overall, the average rent per square foot in Metro Vancouver is $2.71, slightly higher than Toronto at $2.54.
68-square-foot strata loft in the Hudson tower sold for $962,000
The 868-square-foot strata loft in the Hudson tower, on Granville Street in downtown Vancouver, sold for $962,000.
Beedie says industrial land purchase most expensive in city history
Burnaby developer has closed on the 14.7-acre former gravel pit and expects to attract Metro Vancouver buyers to 144,000 square feet of strata space
Lower Mainland’s commercial real estate market reached the second-highest annual total on record in 2021
There were 2,659 commercial real estate sales in the Lower Mainland in 2021, a 65.3 per cent increase from the 1,609 sales in 2020, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (…
Commercial Edge data report lower mainland highest sales in 2021
"Like residential consumers, businesses and investors became more comfortable operating in the commercial market in the second year of the pandemic," Daniel John, REBGV chairman said. "We saw consistent increases among the different commercial property types b…
Metro Vancouver land unavailability could lead to more volatile rents | Analysts
Companies are eager to lock-in a rental rate before prices rise more. Meanwhile, developers or investors, seeing the potential to get higher rents, are paying more to buy and develop industrial properties into strata units they can sell or lease, especially in…
New residential development applications that would bring additional housing to Vancouver
Through the use of improved processes and tools, the City of Vancouver stated that review time for each single-family, duplex, and laneway application has shrunk by about 75 per cent. As a result, there has been a 300 per cent increase in the number of applica…
Is it worth to buy property during pandemic?
Cadillac Fairview senior vice-president Tom Knoepfel toldBusiness in Vancouver (BIV) that his company plans to own the hotel and contract a hotel brand to manage it.
Metro Vancouver hit $500 per square foot construction cost
Some Metro Vancouver developers are taking their cash elsewhere as margins disappear
Metro Vancouver construction cost hit $500 per square foot
Some Metro Vancouver developers are taking their cash elsewhere as margins disappear
Metro Vancouver construction cost hit $500 per square foot
Some Metro Vancouver developers are taking their cash elsewhere as margins disappear
Cooling-off period to provide homebuyer protection in hot market
Regional approach possible, similar to foreign buyer and vacancy taxes B.C. Finance Minister Selina Robinson. | File photo A cooling-off period is coming for resale homes in the province, but the province has yet to announced the details of the regulation, inc…
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.
Don’t know where to start? Guidelines for a first-time home buyers
Postmedia reporters and editors in Metro Vancouver and cities across the country have created a First-Time Homebuyer's Guide to assist with these and many other questions. In addition to local journalism, you'll find explanatory stories about the housing marke…
Anthem, Kingsett acquire 8.34 acre mixed-use site in Brentwood
Burnaby devel0pment includes 2,100 condos, 240 rentals and 60,000 square feet of commercial space at Brentwood
The old post office redeveloped as a mixed-use building in Downtown Vancouver
Several projects are in the works for large additions to heritage structures
23 projects are projected to launch this 2022
"Across the country, we continue to see red-hot housing markets as demand continues to outstrip supply." Vancouver suburbs see surge of activity in Q1-2022
Expecting sales to continue steady well this 2022 as post pandemic recovery
"2021 was a great market. Close to a record market in residential real estate sales," said Nicholson, who feels pent-up demand among buyers spurred the market higher. "People would see that their neighbour's house sold so they would put their house on the mark…
Homes on the market was up by over 23%
Red-hot markets in Toronto and Vancouver heavily skew Canada's average home price, which falls by about $178,000 if those two cities are excluded from consideration.
3 acres mini-storage in New Westminster sells for $27.5 million
Located in Queensborough area of New Westminster B.C., the property is on three acres with expansion potential
3-acres mini-storage sells for $27.5 Million located in 800 Boyd Street, New Westminster
Located in Queensborough area of New Westminster B.C., the property is on three acres with expansion potential
18,200 square feet multi-family rental in Burnaby sells for $8.8 million
Villa Fortuna, in the popular shopping district of Burnaby Heights and close to Simon Fraser University, sold for $1.8 million above its assessed value.
Monthly sales and new listing setting up for intense market condition
The broker noted that March 2021 saw the highest number of both new listings and sales by month last year, establishing the all-time annual high of nearly 45,000 sales.
60-storey mixed-use rental tower in Western Canada
Near-eight-acre pedestrian-friendly Burnaby proposal plans 3,450 homes with six towers, including a 60-storey rental high-rise, and 200,000 square feet of commercial space
Phenomenal demand excites to take this project forward to build it out | Kevin Layden
The new strata complex is being built as industrial vacancy reaches an all-time low for Greater Vancouver and rental rates for industrial space have increased 18.8 per cent from a year ago, Jordan noted
39,600 square feet multi-family rental in Coquitlam sells for $14.75 million
Well maintained 54-unit apartment complex on a 39,600 square-foot in Austin Heights neighbourhood sold for $14.75 million at 3.4 per cent capitalization rate.
New zoning policies are on tap in the District of West Vancouver
Commercial zoning change will address the district's lack of light industrial space
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 provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver.
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.