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Metro Vancouver’s luxury home prices forecast to slip further
While the region's overall market recovers from recent correction, prime real estate still has a way to go, predicts Royal LePage
2019’s Most Searched Neighbourhoods in Vancouver and Toronto
A year's worth of data told us what buyers wanted in 2019. See how this can help you buy in 2020.
Metro Vancouver developers slash condo presale launches as demand drops
The number of condo presale units released for sale in 2019 fell sharply in Metro Vancouver, as developers responded to demand that fell off a cliff.
University Height at The Crescent Squamish 51 single-family homes by Holborn Group
The second phase of University Heights, Holborn Group's master-planned community in Squamish , juxtaposes modern architecture and the natural landscape of the Garibaldi Highlands to create a unique neighbourhood in the growing town midway between Vancouver and…
BC to change tax thresholds to address the cost of living
The government wants to address the high cost of living – especially in Vancouver – and has announced that the top 1% of earners, earning more than $220,000, will pay a 20.5% provincial income tax rate instead of the current 16.8%.…
Developer purchases land in Burnaby's Brentwood to be part of transformation
Grosvenor's new site near Brentwood is in the very early days of seeking approvals and about a decade from completion, but will be part of transforming transit hubs in Burnaby into a forest of towers
Toronto vs. Vancouver: Which condo market makes more sense?
The title of "Canada's most expensive city" has cycled between Toronto and Vancouver for decades. Though Toronto was reported to have the highest cost of living among all other cities in the country ...
Some condo buildings unable to buy insurance
More B.C. stratas are reporting unpleasant surprises when they try to renew their condo insurance, with some facing shocking hikes in their premiums while others are unable to secure building insurance at all.
Metro Vancouver’s office vacancy rate to tighten further to record lows
Downtown office vacancy was historically low in 2019, falling to 2.6 per cent at year-end 2019 from 2.9 per cent a year earlier, reported the commercial real estate brokerage. This is likely to fall even further in 2020 to a new record low, according to the re…
Vancouver's empty homes tax is working – city officials
Observers have noted that policies aimed at compelling condo investors in the city to rent out their residences appear to be effective so far.
Supply down, sales up in Metro Vancouver
Home sales in Metro Vancouver hit 1,571 in January. While this represents a 42.4% jump from the sales recorded in January 2019, the total number of sales dropped by 22.1% from December.
Rezonings, capped rents stymie Metro Vancouver development
One thing was clear at the January 23 Urban Development Institute's (UDI) annual forecast luncheon: local developers are not happy with government. The mood was sour, the anger was palpable, and it's all government's fault.
Vancouver's new Plaza of Nations to include towers, Canucks rink, music venue
Canadian Metropolitan Properties redevelopment on North East False Creek site, including terraced buildings up to 30 storeys, will be completed in three phases
Vancouver home sales start 2020 strong but below average
Data from the Real Estate Board of Greater Vancouver shows a 42.4% increase in sales year-over-year with 1,571 homes sold. This is also up 22.1% from December.
Metro Vancouver’s residential real estate prices continue to creep up
The Metro Vancouver residential real estate market has had a fairly strong start to the year, relative to the poor performance of one year previously, the Real Estate Board of Greater Vancouver reported February 4.
First-time home buyer incentive ‘a flop’ with minimal take-up
The federal First Time Buyer Incentive (FTHBI), introduced in September 2019, has so far been used by only 29 buyers in Metro Vancouver and fewer than 3,000 first buyers across Canada.
Clock ticking for Vancouver homeowners to file EHT declaration
Owners have until February 4 to tell the City or face a $250 fine – or dispute the ticket - before they can file late.
SRO buildings continue to sell as Vancouver aims to discourage speculation
The assessed value of all single-room occupancy hotel buildings in Vancouver increased by a striking 84 per cent during the last five years. And even though values dipped slightly last year, there has been a string of sales in recent months, with some trading …
Vancouver green-lights moderate income rental homes
The homes will be for individuals, couples, and families. The council approved one project at 1956-1990 Stainsbury Avenue earlier this month and on Wednesday gave the go-ahead for two further projects, at 3600 and 3680 East Hastings Street.…
One more blow to cash flow in Vancouver
Investors with their sights set on Vancouver's recently resurgent market will need to factor a significantly heavier tax burden into their revenue calculations.
Coronavirus outbreak means fewer Vancouver new condo sales this winter: realtor
With Chinese nationals still making up a considerable proportion of Vancouver real estate buyers, there's little doubt that the coronavirus will impact market activity in the first few months of 2020 and potentially beyond
Metro Vancouver residential land market shows signs of life
Year-end housing data from Canada Mortgage and Housing Corp. (CMHC) earlier this month pointed to record housing starts of 28,141 units for Metro Vancouver in 2019. This was up 20 per cent from a year earlier.
Vancouver aims to protect and expand co-ops on city-owned land
Kennedy Stewart is asking for feedback on the best way to renew leases to ensure stability for residents and optimize the provision of affordable housing in the city.
Shopify takes 70,000 sq ft office, will hire 1000 in Vancouver
Shopify has made a major commitment to Vancouver with a new permanent office due to open later this year.
Vancouver amongst world's most expensive markets
Vancouver came in second to Hong Kong, which retained its position as the least affordable housing market across the globe.
BCREA report forecasts increased sales, prices for 2020
In its first quarter forecast, the British Columbia Real Estate Association projects moderate growth for the provincial housing market in 2020. Led by returns to average levels of activity for Greater Vancouver and the Fraser Valley, sales in BC are expected t…
Significant price declines observable among Vancouver detached homes
According to the Real Estate Board of Greater Vancouver, the market saw a 72.1% annual increase in detached real estate sales in December, for a total of 599 transactions. However, this was 27.39% lower on a monthly basis, and 2.76% below Vancouver's 5-year me…
Vancouver eyes better amenities without impacting housing costs
The City of Vancouver wants to ensure greater and efficacy of a key development contribution policy without adding burden to housing costs and taxpayers.
Developers paint bleak picture of Metro Vancouver’s future under status quo
Metro Vancouver is at a crucial fork in the road — does it become a global city, embracing change and growth, or does it continue down its current path and become a "museum city"?
How Long Would It Take to Save for the Home Buyers’ Plan Across Canada?
The maximum Home Buyers' Plan (HBP) withdrawal limit of $35,000 is just 3.5% of a benchmark home in Vancouver and 4.3% in Toronto. Here's how many years it'd take the top 10%, 25%, and 50% of income earners across Canada to save $35,000.
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 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.