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A stronger-than-ever e-commerce market, demand for space will likely accelerate through 2022
The Interior and Vancouver Island can be part of the solution. Within the pandemic and post-pandemic "new normal", more people will be relocating from the Lower Mainland to other communities in the province. Our transition to remote work, and newfound apprecia…
Proposal for 535 home and retail town centre in North Vancouver this month
The residential rental vacancy in North Vancouver is currently at 2.8 per cent, according to CMHC.. In addition to qualifying income, as determined by BC Housing, the 58 rental units will be set at 25 per cent below market rates, which were pegged at $1,436 pe…
$300M Richmond Land Deal brokered by Goran Bucan - Buyer is a local developer Keltic Developments located at the corner of #2 and River Road
"The acquisition of this piece of land presents us with an opportunity to work with the City of Richmond and the public to design and develop their dream, and to create something that will have a positive and lasting impact on this community for generations to…
Real estate demand in Greater Vancouver is hot, even the supply of active listings has dwindled dramatically
It's a seller's market in Greater Vancouver real estate — but shortage of active listings is a symptom of dwindling supply
Six-storey condo project proposed for Port Moody
The current benchmark price for a Port Moody resale condominium is $741,200, according to November data from the Real Estate Board of Greater Vancouver. But several councillors expressed concern such micro-suites were out of place in a suburban setting with fe…
Metro Vancouver continues to see high demand in housing supply amidst pandemic
"We've had elevated home sale activity throughout 2021 despite persistently low levels of homes available for sale," Stewart added. "With a new year around the corner, it's critical that this supply crunch remains the focus for addressing the housing affordabi…
Aggregate price of a home will grow 15% in Q4-2021 compared to the same period last year
The cost of homes in Greater Vancouver are expected to keep rising through the rest of 2021.
Redeveloping 19-storey residential rental tower located in Mansion Street
The development would provide 227 parking spaces in a three-level underground garage, plus 733 bicycle parking spots. Mirage Management is developing the project on behalf of an investment firm, with DA Architects & Planners handling design aspects.…
Vancouver’s rental market availability hit a 2 years low during Q3-2021
"Availability rates are now at the lowest level in two years as post-secondary institutions have resumed in-person lectures and an influx of students have migrated back to the region," said the report. "With low levels of availability, leasing teams are contin…
Meng’s future plans for the homes, except that they had no indication of any interest to sell them.
But both Vancouver realtor Julie Wei, who was the listing agent, and Bob Cheng, who was the buying agent, for the home in 2016 when it was purchased in the name of Meng's husband, Liu Xiaozong, say the property is currently not for sale on MLS or off-market.…
Metro Vancouver continued hitting the market to fall in line with long-term averages
"Although this is keeping the overall supply of homes for sale low, we're not seeing the same upward intensity on home prices today as we did in the spring," said Stewart in the report.
Vancouver housing market, demand remains high despite the reduced supply
Demand should remain high in the short term to cap a record-setting year.
Developing $70-million property will allow UBC to better serve thousands of its students
Beyond the medical and health professions, "it's very possible that other faculties may be interested in delivering either courses or micro-credentials" from the newly purchased Surrey site, said Ono. "We have 3,500 students that commute to UBC every day from …
The strata council requested the removal of the large TRUMP signage
Since then, the list of voices calling for the Trump name to be taken off one of the tallest and prominently located downtown buildings has included former mayors, city councillors, chief planners, construction workers, marketing professors, urban planners, ac…
Numbers of residential apartments sold in B.C wiped out its records during the first half of 2021
"Investing in rental apartments in B.C. is probably one of the lowest risk profiles of any asset class right now." Toronto-based Starlight Investments bought two separate portfolios of multi-family apartments, in Vancouver and West Vancouver, and Victoria and …
Metro Vancouver ratepayers still recovering from the effects of the pandemic
A larger increase, however, is projected over the next five years. According to Metro's 2022 to 2026 financial plan, the yearly rate is expected to increase from $595 next year to $952 by 2026. Metro Vancouver, which serves 21 local municipalities in the Lower…
Vancouver to plan conceptual development in False Creek South
The decision doesn't delay the process, she said. "Either way we would have gone into a planning process. But this ensures that the process begins from a place of trust with the residents, so it can better engage them and better hear from them, and reflect the…
Redevelopment of a 67-year-old centre motel in Vancouver
A deal was recently reached by Nicola-Crosby Real Estate Investments, the real estate arm of Vancouver-based Nicola Wealth Management, to acquire the property. It is operated as low-cost accommodations with 66 guest rooms. It was previously stated by the build…
A Vancouver homeowner is upset that rezoning being rammed will lose his home
Stewart said he plans to take every legal action he can to ensure the City of Vancouver meets its obligations under the Vancouver Charter that stipulates parties affected by zoning and development amendments have a fair opportunity to understand and respond to…
Unveiling changes aimed at increasing housing supply | Provincial Government
The B.C. government has been recently trying new things to help — and sometimes push — local governments to approve more affordable housing more quickly. In one example this year, Vancouver Sun columnist Vaughn Palmer observed Housing Minister Davi…
A new development will rise that will redefine its meaning to live in the most desirable cities in the world
Inspired by European capital cities like Paris and London, Burrard Place provides a blueprint for the future of downtown living in Vancouver. Joining One Burrard Place and The Offices at Burrard Place, the 2 Burrard Place tower is the final piece in Burrard Pl…
Growth in condo market share across the Canadian real estate market in 2021
Canadian real estate market sees higher share of condos in 2021, in wake of rising detached housing values; affordability shifts demand for condominiums into high gear in 2021
Canadians hoping to enter the housing market to homeownership for qualified first-time buyers
It remains to be seen whether proposed tweaks can revive the much-maligned federal program On paper, it seemed a welcome break for Canadians hoping to enter the housing market: a federal incentive program aimed at reducing the monthly mortgage burden and easin…
Discover in Surrey the New Bristol Estate transforming its neighborhood includes 6.27 acre property
The Surrey Centre Official Community Plan aims to transform the neighbourhood from a suburban town centre into a walkable, high-density and transit-oriented downtown for the South of Fraser region. The density and mix of uses is meant to create a city centre t…
Building ideas to build Multi Family Units on a single lot in the lower mainland
"It is important to note that these potential heights and densities have not been reviewed by [senior managers] or any other city staff from a regulatory perspective, and thus do not reflect forms of design that have to date been approved or considered to be s…
Canada’s housing market fastest increase 7.7% in the 12 month through June
The last time Canada saw a similar surge in people owning multiple properties was in 2017, the data show. At that time, rapidly appreciating home prices in Toronto and Vancouver prompted authorities to crack down amid fears of a bubble.
Metro Vancouver vacancy rate for industrial space has been fluctuating between 1 and 2% for years
Vacancy in Vancouver's tight industrial property market dropped to an all-time low of 0.5 per cent while the average asking rent per square foot hit an all-time high of $15.50, according to Colliers. "What's new is that (vacancy) is below one per cent," said D…
Fifteen Fifteen at 1515 Alberni Street will be a distinctive 42-storey building of 202 homes, with 18 cantilevered units taking advantage of 270-degree views.
Bosa Properties' collaboration with internationally renowned architects like Gensler on Central Park House, Heatherwick on its upcoming project at 1700 Alberni Street and Ole Scheeren for the luxury tower Fifteen Fifteen – also on Alberni Street – …
Metro Vancouver construction completions ramained stable despite of curveballs the pandemic
Despite all of the curveballs the pandemic has thrown at the real estate industry, new home construction completions in Metro Vancouver have remained stable according to new insights from the Real Estate Board of Greater Vancouver.
A rental housing advocate connected evictions to homelessness
He said for the first time, researchers were able to look into nationally representative data collected from 65,377 Canadians in the 2018 Canadian Housing Survey.
Building List Count by City
- Abbotsford - 447
- Agassiz - 28
- Burnaby - 55
- Burnaby East - 78
- Burnaby North - 367
- Burnaby South - 346
- Campbell River - 1
- Chilliwack - 221
- Cloverdale - 194
- Comox Valley - 10
- Coquitlam - 566
- Delta - 10
- Duncan - 41
- Esquimalt - 59
- Gulf Islands - 6
- Harrison Hot Springs - 13
- Harrison Mills - 1
- Hope - 22
- Ladner - 110
- Langford - 156
- Langley - 539
- Maple Ridge - 312
- Mill Bay - 2
- Mission - 65
- New Westminster - 444
- North Delta - 28
- North Island - 2
- North Saanich - 8
- North Surrey - 411
- North Vancouver - 747
- Oak Bay - 44
- Osoyoos - 1
- Parksville / Qualicum - 7
- Penticton - 8
- Pitt Meadows - 75
- Port Alberni - 2
- Port Coquitlam - 268
- Port Moody - 268
- Richmond - 1162
- Saanich East - 232
- Saanich West - 92
- Sardis - 154
- Sidney - 152
- Sooke - 39
- South Surrey White Rock - 714
- Surrey - 667
- Tsawwassen - 98
- Vancouver East - 1000
- Vancouver West - 2488
- 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.