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2162 Metro Vancouver real estate articles · all BC
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4 units retail sells for $5.3 Million located in King George Highway, Surrey
Western Investor · 02 Feb 2022 · Western Investor Staff
A potential development site, the four-unit King George Plaza retail strip of 6,900 square feet sold for $100,000 above its list price.
Sharp increase in construction costs in 2021 compared to 2020 | AGCCG
Western Investor · 02 Feb 2022 · Frank O’Brien
The Homebuilders Association of Vancouver (HAVAN) released a report January 31 that estimates that local land values account for 38.1 per cent of the average cost of a new Metro Vancouver detached house, which sells for $1.75 million. Municipal fees and taxes …
High property taxes are putting homeowners under stress
The Vancouver Sun · 02 Feb 2022 · Derrick Penner
he frightening part is the amount, so sort of an ability pay thing by one measure," Sullivan said, which speaks to the "house rich, cash poor" nature of Vancouver housing in particular.
The largest industrial deal in Metro Vancouver so far this year and the largest ever for CBRE
Western Investor · 01 Feb 2022 · Frank O’Brien
Beedie the buyer of 22-acre parcel on 80th Street, considered the largest industrial deal so far this year
30-storey tower proposed for Vancouver’s Commercial-Broadway Station
The Vancouver Sun · 31 Jan 2022 · Joanne Lee-Young
A revised rezoning application turned more of the rental units into below-market ones and made slight height and density changes that mean the project aligns with the City's Grandview-Woodland Community Plan.
3-storey Vancouver mansion sells for $24.8 Million located in 1126 Wolfe Avenue
The Georgia Straight · 31 Jan 2022 · Carlito Pablo
This Vancouver real estate offering expired on March 2, 2018 with an unchanged price.
Proposals for six homes most recently in Vancouver housing development
The Vancouver Sun · 29 Jan 2022
Opinion: After controversially legalizing basement suites, laneway houses and then duplexes, Vancouver's new six-units-on-one-lot proposal is the latest shift.
Canada’s the most expensive real estate market
The Vancouver Sun · 28 Jan 2022 · Joel Schlesinger
Vancouver has had more listings recently than Toronto, helping to narrow the price gap between the two cities.
Canadian turn away from major cities for searching affordable housing
Livabl · 25 Jan 2022 · Ryn Garner
Housing affordability played a key role in the population shift.
A joint venture agreement in Vancouver that sees a once in a lifetime opportunity for any city
Western Investor · 24 Jan 2022 · WI Staff with Times Colonist
The first phase of construction will start this spring with the construction of a new intersection at the site's entrance at Metchosin and Latoria roads.
2.5 acres townhouse development sells for $8.56 Million located in 202A Street, Langley
Western Investor · 21 Jan 2022 · Frontline Real Estate Services Inc.
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.
Average price of new condo increased 12.5 percent in 2021 | MLA Canada
Western Investor · 20 Jan 2022 · Frank O’ Brien
"The condo market is very strong now compared to 2018 to 2020 – end unit values have increased substantially which, in turn, increased the land value. For example, East Vancouver wood-frame condo sales range from $1,100 to $1,200 [per square foot] depend…
Hand work pays off to Goran Bucan biggest hit in 2021
REM · 19 Jan 2022 · Connie Adair
"Every day I had to have the patience for the vendors and purchasers even though they had had enough and wanted to call it quits. I had to gather every ounce of strength and patience and not freak out, insert patience into the buyers and sellers and convince e…
Vancouver housing market continue to compete for fewer listings at higher prices in 2022
Livabl · 19 Jan 2022 · Ryan Garner
"With low interest rates, increased household savings, more flexible work arrangements, and higher home prices than ever before, Metro Vancouverites, in record numbers, are assessing their housing needs and options," said REBGV economist Keith Stewart.…
Vancouver house was assessed at $3.9 Million which is for sale at $11 Million
The Vancouver Sun · 18 Jan 2022 · Joanne Lee-Young
The house at 481 West 40th Ave. in Vancouver is assessed at $3.9 million, but is being listed for sale at $11 million. Photo by NICK PROCAYLO /PNG
Mansion sales surge 240% in Vancouver, Canada’s hottest market
other · 13 Jan 2022 · PressReader Staff
grow­ing 240 per cent, faster than any­where else in Canada, accord­ing to a report Wed­nes­day by Sotheby's Inter­na­tional. Toronto wasn't far behind with 238 per cent growth.
Proposed surtax is expected to annually raise up $5.8 Billion to improve housing affordability
other · 13 Jan 2022 · Murtaza Haidef
The surtax would disproportionately target those living in detached homes in Toronto and Vancouver
0.4-acre industrial building sells for $10.6 Million located in 1250 East Pender Street, Vancouver
Western Investor · 13 Jan 2022 · Macdonald Commercial
The East Pender Street property includes a vacant 16,368-square-foot industrial building.
Lumber prices have nearly tripled surging to increase a new single family home
Livabl · 07 Jan 2022 · Ryan Garner
Several B.C. roadways and rail lines were damaged by flooding and landslides, contributing to a supply chain bottleneck at the Port of Vancouver. Lumber shipments were delayed, causing a supply crunch and pushing prices up as home builder demand remained high.…
4.62 acres industrial land at Burnaby sells for $18.5 million
Western Investor · 06 Jan 2022 · William Wright
Properties in the Big Bend area could be redeveloped from heavy industrial to light industrial zoning at the geographic centre of Metro Vancouver.
1.2 acres 65 residential unit at Port Coquitlam sells for $18.22 million
Western Investor · 06 Jan 2022 · William Wright
McAllister Apartments and Plaza is a fully leased thee- storey building comprised of 65 residential units and eight retail units in downtown Port Coquitlam, B.C.
11,275 square feet multi-family sells for $7.5 million
Western Investor · 06 Jan 2022 · Goodman Commercial Inc.
The three-storey, 18-unit rental apartment building on East 6th Avenue, Vancouver, built in 1968, sold for $7.5 million.
How property markets are being reshaped in this state of pandemic
The Vancouver Sun · 04 Jan 2022 · Derrick Penner
Now the question is, 'What's the future for that particular part of the workforce?' " Yan said. "You can see how this has a total cascading effect." And it raises questions about how governments might deal with improving affordability through policy decisions,…
House prices across Canada have jumped 34 percent since pandemic
The Vancouver Sun · 29 Dec 2021 · Douglas Todd
Courtesy of Vancouver real-estate analyst Steve Saretsky Inflation has risen in most Western countries as Ottawa has heightened monetary stimulation (the printing of money) and handed out extremely low interest rates, to head off a slowdown. But our politician…
B.C. home sales began to normalize amidst pandemic
The Vancouver Sun · 29 Dec 2021 · Douglas Todd
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…
Six foot tall spelling out “TRUMP” reportedly to be removed soon in Vancouver West Georgia
The Vancouver Sun · 20 Dec 2021 · Joanne Lee - Young
There was, at the same time, public discussion about what high-profile brand might take over the hotel. Now, there are signs online that it will be Paradox Hotels. There is a link at Hotels.com, which contains the Paradox name in its URL, and points to the for…
2021 produced record setting annual total in British Columbia
Livabl · 15 Dec 2021 · Ryan Garner
Greater Vancouver continues to have the province's most expensive real estate, with the average home price exceeding $1.24 million, up 14.6 per cent from November 2020, although the price gap between outlying areas is shrinking.
Council approved series of moves aimed at encouraging construction of secure rental housing
The Vancouver Sun · 15 Dec 2021 · Dan Fumano
The decision has both practical and symbolic importance, said Gil Kelley, who headed Vancouver's city's planning department from 2016 until his departure in March of this year . In his first public comments since his departure from the City of Vancouver in Mar…
Squamish is set between the world’s best ski hill and the world’s best city
Western Investor · 09 Dec 2021 · Frank O'Brien 
With home prices ascending faster than anywhere in Metro Vancouver, Sea-to-Sky city has more than Chief climbers heading for the top
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