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Metro Vancouver’s apartment building sales drop despite tight rental market
"The low vacancy rate is a product of a high economy – nothing more, nothing less," he said last fall during a panel discussion at the University of British Columbia Centre for Urban Economics and Real Estate.
Vancouver 2 years in a row ranked world’s second least affordable housing market
The provincial government has made legislative changes in an effort to ease the inflated market with the introduction of the foreign buyers' tax and the empty homes tax.
Vancouver poised to get back on its feet
The housing market of Greater Vancouver is projected to witness a modest growth this year after a weak 2019, according to the latest forecast by Royal LePage.
Vancouver poised to get back on its feet
During the fourth quarter of the year, the region showed signs of improvement. The aggregate price of a home in Greater Vancouver decreased by 4.8%, improving from the 5.2% drop recorded during the preceding quarter.
Coquitlam residents will have an opportunity to voice their opinions on a 96-unit apartment building
proposed for Edgar Avenue during a public hearing Jan. 27.
Briza 10616 132 Street Surrey a 5 storey building with 61 condos and 4 townhouses by Genaris properties
Briza is a 65-unit condo and townhouse development planned for central Surrey. There's lots to recommend it. But the most noteworthy thing, according to both the developer and some buyers who have already signed up, is the pricing, with homes in the current in…
Parker 13929 105A Avenue Surrey 218 homes in a 4 storey low rise by Mosaic Homes
The development is set adjacent to seven and a half acres of green space at Forsyth Park, and an easy stroll or bike ride from Hawthorne Rotary Park.
Toronto and Vancouver lead Canada’s top-tier housing recovery
The usual suspects are at it again: Toronto and Vancouver led the country's high-end market in both home prices and sales activity, according to the latest report from Sotheby's International Realty Canada.
What the 2020 BC Real Estate Assessment Report is Telling You
You just bought a home for $2 million in lower mainland BC, only to receive notice from BC Assessment saying your property is valued at $1.7 million. How about your neighbour's condo that sold for $700,000 and is now assessed at $595,000? Say what? Maybe, you …
Metro Vancouver clocks record-high housing starts
Metro Vancouver managed to buck the national downtrend in housing starts, ending 2019 with a record-high growth, according to the latest figures from Canada Mortgage and Housing Corporation (CMHC).
Picasso Collection at Galleria 8671 and 8611 Hazelbridge Way Richmond 344 homes by Concord Pacific Development
With more than 6,000 residential units being built in and around the Capstan Village area, the new station will link the neighbourhood to the Canada Line, used by about 90,000 people each weekday, according to TransLink CEO Kevin Desmond.
Metro Vancouver rental market had a remarkable boom year
Over the last year, property values in the city fell by as much as 15% in several cases. Meanwhile, the market's rental segment is expected to have a vacancy rate of 1.1% by the end of 2019, per the CMHC's last prediction in October (up by 1% from 2018).…
New Westminster office building and development site sold for $16M
An office building and neighbouring development site in New Westminster, comprising a full city block, was sold for $16 million, reports William Wright Commercial.
3535 Princeton 27 three and four bedroom townhomes at 3535 Princeton Avenue Coquitlam by Nordel Developments
A highlight of the homes at 3535 Princeton may be the patio, but the developer has also not held back on the interior finishes.
Which Canadian cities are people moving to right now?
U-Haul's migration trends report for 2019 shows that North Vancouver, BC, is the No.1 U-Haul Canadian Growth City, posting the largest net gain of one-way U-Haul trucks entering the city versus leaving it during the past calendar year.
Metro Vancouver commercial real estate's 10-year bull run faces rare red flags
Even with total commercial and industrial sales down 45 per cent through the first three quarters of last year and dollar volume off 43 per cent, to $6.92 billion, compared to a year earlier, confidence remains unshaken.
Is Canada still in a housing bubble?
Recent industry data showed that the average house price in Canada grew by 8.4% over the year to November. This is despite the 4.6% fall in the once red-hot market of Greater Vancouver.
Detached-home market recovery may be slower than predicted - 89,000 residential sales in 2019
f real estate investors were to make some resolutions for the new year, analyst Dane Eitel might suggest exercising wariness amid forecasts painting an optimistic picture of the B.C. market.
$11,800 a month and all the BMWs you can drive: Vancouver House condos listed for rent
Several units in the newly-completed condo tower, which was designed by internationally-renowned architect Bjarke Ingels, have recently been listed on Craigslist. The listings promise would-be renters access to the building's luxurious amenities – includ…
The Holland 133 Street and Old Yale Road Surrey 250 homes of one and two bedroom condos and townhomes by Townline
ownline takes pride in being able to offer well-thought-through spaces that are much more functional than some larger spaces built in the past.
Langley condo owners reeling after strata insurance deductible jumps from $5K to $250K
Residents of a condo complex in Langley are reeling over what they say is an inexplicable massive hike in the cost of their strata insurance.
Metro Vancouver home sales skyrocket 88% over last year as prices rise
There were more residential transactions across the region in 2019 than in 2018, and benchmark home price is now above $1 million again
Vancouver home sales post huge 88 percent increase in December
There were 2,016 homes sold in the Greater Vancouver Area last month, an 88 percent spike over December 2018's total and 9.5 percent higher than the 10-year sales average for the month.
Home values continue downward trend in Metro Vancouver
Most homeowners, especially those with detached homes, will notice their assessments are significantly down, according to B.C. Assessment.
These are BC's top 10 most expensive homes
It should be no surprise that some of BC's most valuable residential real estate is located in Vancouver's West Side, but here is a renewed glimpse of how the top properties are fairing in their latest valuations.
Here are the 10 most expensive properties in Vancouver
The former lululemon magnate has now seen his Point Grey Road mansion lose $14 million in assessed value over the last three years, according to stats released by the B.C. Assessment Authority Jan. 2.
BC Assessments show modest overall value declines, steeper in Lower Mainland
Property values across the province have declined only modestly over the past year, looking at all regions and property types, according to the 2020 BC Assessment roll announced January 2.
Northland Properties Corporation buying Grouse Mountain Resort
Less than two years after it acquired Grouse Mountain, a company with strong links to China has decided to sell the recreational and tourist destination on Metro Vancouver's North Shore, returning the property to a Canadian family.
Murrayville condo developer, Mark Chandler spending Christmas in jail
Vancouver real estate developer Mark John Chandler is spending Christmas in a California jail as he awaits a trial on felony fraud charges.
BC home sales just saw a billion-dollar increase in November
The BC housing market's recovery has continued late into the year with sales activity in November recording a 27.5 percent increase compared to the same time last year.
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 - 541
- 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 - 716
- Surrey - 668
- Tsawwassen - 98
- Vancouver East - 1001
- Vancouver West - 2488
- Victoria - 665
- View Royal - 46
- West Vancouver - 231
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