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Vancouver approves first moderate-income rentals
The City of Vancouver has approved the first two projects under its Moderate Income Rental Pilot Program (MIRHPP).
Vancouver’s massive Squamish Nation development exempt from foreign-buyer tax
"Ambitious" 6,000-unit project also unfettered by B.C. rent controls, city planning regulations and processes, or city property taxes
Westbank founder calls out Vancouver's "high level of mediocracy"
Actually, Westbank Corp. founder Ian Gillespie's words leave no doubt as to his opinion of the state of the city's development: "Three-quarters of the buildings in this city look like a piece of s---," he told Bloomberg.
Middle-income renters to get supply boost in Langley
The province says that construction is underway on Solaro, which will provide 98 rental homes for individuals and families at 22304 - 50th Ave. in Murrayville.
Rental investor confidence points to rising market
For the first half of 2019, multi-family sales activity throughout Metro Vancouver and Greater Victoria lagged, affected by several governmental policies implemented in 2017-18. Following this period of adjustment, sales activity surged noticeably in the latte…
Plaza of Nations redevelopment at False Creek will be built in three phases
With its terraced landscaping resembling "urban mountains," the mixed-use redevelopment of the Plaza Nations in Northeast False Creek greatly parts ways from Vancouver's standard tower design.
Vancouver firm claims a world first for real estate AI platform
Eli Technologies has claimed a world first with its artificial intelligence (AI) powered condo and strata document review platform which helps real estate professionals to review and uncover potential issues.
Commercial real estate activity remains below the pace of recent years
There were 405 commercial real estate sales in the Lower Mainland in Q3 2019, a 32 per centdecrease over the 596 sales in Q3 2018 and a 42.3 per cent decline compared to Q3 2017, according to data from Commercial Edge, a commercial real estate system operated …
Squamish Nation approves $3-billion housing project in Kitsilano
The Squamish Nation has approved going ahead in partnership with Westbank Development to build a $3-billion housing project with 6,000 new units in 11 towers on reserve land in Vancouver's Kitsilano neighbourhood.
Vancouver CRE investment sluggish as residential land drags
Figures from the Altus Group show that, throughout the first three quarters of 2019, investment volumes have been between $1.7 billion and $1.8 billion each quarter
3535 Princeton 27 three and four bedroom townhomes at 3535 Princeton Avenue Coquitlam by Nordel developments
A highlight of the homes at 3535 Princeton is, of course, the private patio — weight-loaded to allow for hot tubs, by the way — but the developer has also not held back on the interior finishes.
After years of delay, construction begins in downtown parking lot on Vancouver's newest park
The cost of the elaborate park, that includes raised walkways, a public plaza and cafe, jumped to almost $14 million from its original cost of $8 million.
Latimer Village at Latimer Heights 8242 200 Street Langley the first two buildings with 100 homes by Vesta Properties
Latimer Village is the newest section of Latimer Heights to go on sale and represents the urban hub of the entire community with 487 condos.
Metro homeowners hit by weak market
Despite a recent report from Central 1 Credit Union suggesting a rebound in Metro Vancouver's housing market, there are still property owners losing hundreds of thousands of dollars on their investments.
Metro Vancouver home sales return to near normality
The Real Estate Board of Greater Vancouver (REBGV) reported 2,498 home sales in the month, a 55.3% jump from a year earlier and 4% above the 120-year average for the month.
Construction to begin on new $14.5-million downtown Vancouver public park
The 0.8-acre public park will replace a vacant lot, currently leased to EasyPark as a parking lot and used as a major carshare hub.
Greater Vancouver’s stock of new homes fell by over 70%
Attesting to sustained feverish demand for the market's residential property, new home inventory in Greater Vancouver fell by 72.24% year-over-year in October, according to MLA Canada.
Federal government meets with Vancouver housing partners
Officials and stakeholders from the Vancouver region met with a federal government minister last week to discuss issues relating to the National Housing Strategy.
Creekside 24076 112 Avenue Maple Ridge 130 three bedroom homes by StreetSide Developments
Located on a six-and-a-half-acre site on 240 Street and 112 Avenue, Creekside will have proximity to Siegel Creek and the green space in the southwest corner of the site.
New Chapter of Parq Vancouver entertainment complex cost about $630 million | Jeff Vinnick
That restructuring came after Parq twice deferred by a month its most recent interest payment – an action that prompted credit rating agency S&P Global Ratings on April 30 to downgrade Parq's credit rating significantly, to "selective default.…
It's about to get costlier to leave a Vancouver home vacant
Vancouver City Council has voted for an increase in its Empty Homes Tax (EHT) in each of the next three years; it will rise from the current 1.0% to 1.25% in 2020 with provision for further 0.25 percentage point increases in 2021 and 2022.
Where to Live in Canada: Vancouver Neighbourhood Guide
From sea to sky and everything in between, Vancouver has a lot to offer. After talking to a few Vancouverites and real estate experts, we put together a list of neighbourhoods to help you find what part of the city best fits your lifestyle.…
Vancouver's empty homes tax increasing by 25%
Vancouver's controversial empty homes tax is going up by 25 per cent starting next year, and there will be more increases to come, following a decision by city council.
Spinning Chandelier draws attention to 'neo-gothic form' under Granville Street Bridge
Rodney Graham's Spinning Chandelier is not only a spectacular public art work that stands on its own. It's also functions to reclaim an underused part of the city's urban space.
Vancouver announces boost for supply of affordable rental homes
Several policy changes proposed by Vancouver City Council could deliver thousands of new rental homes over the coming years.
$12.7M land deal a crossroads for Shaughnessy
A near-one-acre site will be developed for affordable rental housing in Vancouver's historic and prestigious Shaughnessy neighbourhood, where residents have rallied in the past to stop high-density rental development.
Toronto millennial realtor marketing on social media incl Instagram and Facebook
A platinum agent (her business tripled last year, she says) with Royal LePage Your Community Realty in Richmond Hill, Ont., Tomanelli, 33, has been licensed for only four years but has a solid grasp on her game plan and identity.
Vancouver council approves measures to encourage development of rental housing
Vancouver council approved, at a Nov. 26 council meeting that ran well into the evening, a host of measures aimed at improving Vancouver's rental housing market.
Telus, Polygon sue each other over collapsed $175M Burnaby land deal
The property involved is a 14-acre piece of land at 7000 Lougheed Hwy. beside the Saputo Dairy plant. (The Saputo site was sold in 2018 for more than $200 million and the dairy plant is moving to Port Coquitlam.)
Vancouver condos continue to impel demand, despite muted annual growth
Fresh Statistics Canada data covering the third quarter showed that the market's average condo prices are down by 3.49% annually, but up by 17.9% from Q1 2017. New build condos were up 1.05% year-over-year and up 15.63% from Q1 2017.
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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