News & Blog

2162 Metro Vancouver real estate articles · all BC
Buying or selling? Search active MLS® listings in your area
Stunning 0.10-acre waterfront retail sells for $8.6 million, Vancouver
Western Investor · 20 Aug 2020 · Avison Young
The 4,555-square-foot lot in English Bay is steps from the water with unobstructed views, and currently hosts a 4,082-square-feet retail strip.
1575 W Georgia, And-Co New office concept could lure remote workers back + a few floors may be sold
Western Investor · 19 Aug 2020 · Frank O'Brien
Arpeg Group of Companies, of Vancouver, is banking on making that decision easier with And-Co, a new office concept that will open this December in the Cardero building at 1575 West Georgia Street. "Working from home during the pandemic has made companies reth…
Canada’s housing shortage: Goods news to investor, skeptical for residents
The Vancouver Sun · 15 Aug 2020 · Dan Fumano
Vancouver's rental housing landscape has been shifting recently away from local mom-and-pop landlords to large, mostly Toronto-based financial companies — including multi-billion-dollar pension funds, asset management firms and REITs. Experts expect that…
Canadian housing starts hit 2 years high because of high increases in Multi-family - Vancouver and Toronto
The Province · 13 Aug 2020 · Canada News
Canadian housing starts hit a two year high because of big increases in multi-family dwellings in cities such as Vancouver and Toronto. Starts in B.C. were up 11 per cent and were up 8.5 per cent in Ontario
The Oak 7858 Oak Street 16 townhomes by Triton Group
The Province · 13 Aug 2020
Triton Group's The Oak — collection of 16 townhomes in the heart of Vancouver's Marpole neighbourhood — close to five-hectare Oak Park, transit and plenty of amenities
Vancouver's St. Paul's Hospital land sold to Concord Pacific for $1 billion
The Province · 13 Aug 2020
Providence Health Care says the money will go toward the construction of the new St. Paul's Hospital
Old St.Paul’s Hospital to modern facilities soon to rise by 2026
The Province · 12 Aug 2020 · Scott Brown
The St. Paul's Hospital site on Burrard Street in Downtown Vancouver has been sold for nearly $1 billion to developer Concord Pacific. Providence Health Care, which operates the hospital, says the money will be put toward the construction of the new St. Paul's…
Council pushing more rental housing-Vancouver
The Province · 11 Aug 2020 · Dan Fumano
As Stewart pointed out, in the commercial zones council was looking at, developers can currently build four-storey condo projects without seeking a rezoning. Stewart wants to push developers toward building more rentals, saying: "I cannot vote for more condos.…
Mixed outlook on real estate and the Pandemic
The Vancouver Sun · 08 Aug 2020 · Douglas Todd
You can be forgiven for feeling perplexed about what's happening to Metro Vancouver's real estate market after almost six months of COVID-19 anxiety and varying degrees of lockdown. The spin coming from the real estate industry is bewildering — with some…
Despite of Covid-19 22.3% increase of home sales compare same month last year
other · 07 Aug 2020
Instead, the latest data from theReal Estate Board of Greater Vancouver(REBGV) show 3,128 homes were sold in July, a 22.3 per cent increase from the 2,557 sold during the same month last year. Sales were 28 per cent higher than last month, when 2,443 homes cha…
MLA Canada showed that condo inventory delays hound the Greater Vancouver market
Mortgage Broker News · 04 Aug 2020 · Ephraim Vecina
The latest data from MLA Canada showed that condo inventory delays hound the Greater Vancouver market, a trend that might slow down the region's housing recovery. Over the last few months, the COVID-19 pandemic led to severely decelerated activity across all h…
Access to transit is more valuable, home buyers are willing to pay extra.
other · 04 Aug 2020 · Kenneth Chan
New data shows home buyers in Metro Vancouver are still willing to pay for the premium of being within close walking distance from a SkyTrain station. While there is currently an aversion to public transit, the health crisis has only had a minimal effect on bu…
Greater Vancouver Condo Pre-Sales Cut In Half, New Inventory Delayed
other · 30 Jul 2020
The pandemic drove Greater Vancouver new home sales off a cliff, but things have improved… a little. MLA Canada, a Vancouver-based real estate firm specializing in condo pre-sales, observed an increase in absorption for June.
Large mixed-use tower at the corner of Como Lake Avenue are planned to develop
other · 27 Jul 2020 · Urban Yvr
Intergulf Development Group is planning a large mixed-use tower community at the corner of Como Lake Avenue and Clarke Road in Coquitlam. The developer has applied to the City of Coquitlam to rezone several properties it owns on the site to construct a two-pha…
Vancouver Approves 28-storey rental building at the corner of Broadway and Birch – The Old Denys Location
The Province · 22 Jul 2020 · Dan Fumano
Vancouver city council narrowly approved Tuesday a 28-storey rental tower for West Broadway. It was one of the most controversial and closely watched decisions of this council and could have gone the other way if not for an unusual turn of events last week. Th…
Developer wants to rezone the land for social housing units across Oakridge Center
The Vancouver Sun · 18 Jul 2020 · Joanne Lee-Young
The developer of a prime piece of real estate across from Oakridge Centre wants to rezone the land so its 300 social housing units are all in buildings on one parcel instead of being spread across the project and alongside market units, a move that some advoca…
BC Housing Markets Bounce Back in June
BCREA · 14 Jul 2020
The British Columbia Real Estate Association (BCREA) reports that a total of 8,166 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2020
How long this Pandemic affects the rental market
Western Investor · 13 Jul 2020 · Glen Korstrom
Asking prices for Metro Vancouver rental units have already declined, as competition for tenants has increased and prospective renters, who have been hit with less stable employment, seek lower priced homes.
Residential units sold for $6.6 million, or the equivalent of more than $25 million per acre.
Western Investor · 11 Jul 2020 · Frank O'Brien
At $25 million per acre for residential assemblies, the resulting strata units could be priced well above current market values The value of residential development land in the Lower Mainland is increasing much faster than the price of the strata homes the lan…
Prices steady as resale home sales increase Metro Vancouver's June housing sales up month-over-month and 17 per cent above June 2019 with prices higher than a year ago
Western Investor · 08 Jul 2020
The total number of homes currently listed for sale on the MLS system in Metro Vancouver is 11,424. That's 23.7 per cent down from the 14,968 homes that were listed for sale in June 2019, but up 15.1% per cent from the 9,927 listed properties in May 2020. For …
New condo sales, starts plummet in Metro Vancouver
Western Investor · 01 Jul 2020 · Frank O'Brien 
According to the latest results from Altus Group's Condominium Apartment Monitor, between the beginning of April and the middle of May, only two new condominium apartment projects launched in Metro Vancouver, with a total of just over 200 new units, down by al…
Brokers: Vancouver market still a long way from full recovery
Mortgage Broker News · 30 Jun 2020 · Ephraim Vecina
Last month, markets observer Douglas Todd said that plummeting immigration numbers during the coronavirus crisis would have a significant impact on the Vancouver housing market. "Start with the drastic drop in tourist numbers. With borders virtually closed to …
Just West 46-96 King Edward Avenue 55 garden suites and townhomes by Sightline Properties
The Province · 25 Jun 2020
"In the City of Vancouver there is a clear difference between what people can afford and what they want," said Jamie Vaughan, a director and owner of Vancouver development firm Sightline Properties. "Historically, Vancouver has not built many townhomes."…
Pandemic's economic effects could haunt Metro Vancouver housing into 2022
The Province · 25 Jun 2020
A downturn in Metro Vancouver housing markets due to the COVID-19 pandemic could range from gloomy to downright dismal through 2022, according to the national housing agency's latest report.
CMHC projects trajectories for Toronto, Vancouver, Montreal real estate in new summer outlook
Mortgage Broker News · 24 Jun 2020
The report forecasts a long road to recovery for Canadian housing but says certain markets will recover faster than others.
Metro Vancouver condominium rental market ride out during pandemic
The Vancouver Sun · 23 Jun 2020 · Frank O'Brien 
"The condo rental market has definitely come off. It is down 10 per cent to 20 per cent [in rents], and we are seeing higher vacancies," Leung said. About 5 per cent of Birds Nest properties are currently vacant, partially due, he said, to some owners holding …
Shockwave increase in sublease space nearly doubled the vacancy rate in downtown Vancouver
Western Investor · 19 Jun 2020 · WI Staff
Downtown Vancouver has about 24 million square feet of office space and the subleases have pushed the vacancy rate in to 4 per cent, up from 2.2. per cent at the start of the year. But CBRE notes that Vancouver still has one of the lowest office vacancy rates …
Eastridge Panorama 5528 148 St, Surrey, 36 rancher-style 3 bedroom townhomes by Infinity Properties
The Vancouver Sun · 19 Jun 2020
Eastridge Panorama is a collection of 36 rancher-style townhomes. The development provides a particular and very discerning type of buyer with master-on-the-main living, lots of customization options, and interior features and finishes that you would expect in…
Home prices rise as B.C. real estate market continues to slump
The Province · 16 Jun 2020
In Greater Vancouver, the average sales price was up 2.9 per cent ($1.012 million to $1.041 million) compared to the same time last year
Major Canadian bank warns of historic price declines in Toronto 13% and Vancouver 12%
Mortgage Broker News · 16 Jun 2020
The impact of this market weakness will be most apparent in Toronto and Vancouver, with predicted 2020-21 decreases of 13% and 12%, respectively.
« Newer Page 26 of 73 Older »
↑ Top