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2162 Metro Vancouver real estate articles · all BC
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Metro Vancouver’s bricks-and-mortar retail property sector rebuilding
Western Investor · 21 Nov 2019
Despite a recent U.S. report claiming "retail is dead," bricks-and-mortar shopping is thriving in Metro Vancouver, with approximately 3.8 million square feet planned or under development and property sales of $450 million so far this year.
6-storey pre-zoning among Vancouver's proposed changes to build more rentals
other · 21 Nov 2019
A newly released report by City of Vancouver staff builds on the conclusion that incentives are critical to the creation of new purpose-built rental housing supply.
Residential site in Vancouver's Shaughnessy sold for $12.7M
Western Investor · 20 Nov 2019
A near one-acre parcel in Vancouver's exclusive Shaughnessy neighbourhood, zoned for residential rental with the potential for 85 units, has sold for $12.7 million.
Latimer Village 8242 200 Street Langley first two buildings with 100 homes on sale now by Vesta Properties
The Vancouver Sun · 16 Nov 2019
In 2013, Vesta Properties approached homeowners in the Carvolth neighbourhood of Langley with an offer to purchase and then develop their lots. Fast forward six years and a landmark master-planned community – the largest in the Fraser Valley – is b…
Surrey aims to share in any transit land lift values
Western Investor · 14 Nov 2019
The City of Surrey won't have zoning and other planning complete for the 16.5-kilometre transit line until January 2020 and phase-one construction is not expected to start until 2021, but land speculators are already active along the transit corridor.…
Vancouver developer Holborn Group wins international property awards
REM · 08 Nov 2019
The award-winning homes in Holborn University Heights represent the harmonization of wild natural landscapes and contemporary built environments, the company says in a news release. Holborn University Heights is a master-planned community. Each home has uninte…
Vancouver project to be among Canada's largest Indigenous developments
Mortgage Broker News · 07 Nov 2019
The Senakw development, which is slated to be one of the largest Indigenous-led urban projects nationwide, will be situated close to the downtown core.
Metro Vancouver First Nations 'buying their own land back'
The Province · 07 Nov 2019
Developers are increasingly looking to First Nations land as a way around municipal bureaucracy
ERA at 22255 Dewdney Trunk Road Maple Ridge 143 condos in phase 1 by Johnston Meier and SwissReal Developments
The Province · 07 Nov 2019
When complete, the project being established by Johnston Meier and SwissReal Developments will also include parks, amenities like an amphitheatre and retail and commercial units.The first phase includes 143 market condos and townhomes and 49 rental units.…
Residential sales across B.C. to rise 10.9% in 2020: BCREA
Western Investor · 06 Nov 2019
MLS residential sales across the province are predicted to increase 10.9 per cent to 85,500 units in 2020, which would take the annual total to just below the 10-year annual average for MLS sales of 85,800 units
Squamish Nation development to expand downtown Vancouver's footprint
The Province · 06 Nov 2019
A residential development proposed by the Squamish First Nation for band-owned lands in Kitsilano will bring downtown-style density to a relatively low-rise community.
B.C. cryptocurrency exchange shuts doors owing more than $16M to customers
CBC Radio · 04 Nov 2019
Under a cloud of complaints, investigations and lawsuits, a controversial Vancouver cryptocurrency exchange has shut its doors with more than $16 million owing to customers.
Real estate sales data now available online
The Province · 04 Nov 2019
Not so long ago if you wanted to find out what properties were selling for you had to ask a realtor. "The realtors were the gatekeepers of data," says Les Twarog, a realtor who owns the popular website BCCondos.net . No more. In March a new website, fisherly.c…
City of Vancouver green lights overhaul of West End rental building Berkeley Towers
The Vancouver Sun · 02 Nov 2019
Developer Reliance Properties said the City of Vancouver has issued the development and building permits it needs to go ahead with a large-scale overhaul of Berkeley Towers, an older rental building on a prime corner overlooking English Bay in Vancouver's West…
Fraser 22127 48A Avenue Langley 61 two and four bedroom townhomes by Zenterra Developments
The Vancouver Sun · 02 Nov 2019
A big draw for young families is the municipally-run W.C. Blair Rec Centre right across the street with its free-form wave pool and other water features for the kids, as well as six swimming lanes, a sauna and whirlpool for moms and dads.
Metro Vancouver's tallest building: New rendering of the proposed 82-storey tower
other · 31 Oct 2019
A new preliminary conceptual artistic rendering provided to Daily Hive by local developer Pinnacle International Development shows an early design of the three-building complex, slated for a 6.2-acre site at 9858-9898 Gatineau Place — immediately northea…
Metro Vancouver needs 30,000 new rental units in next two years
Western Investor · 30 Oct 2019
Speaking to the Urban Development Institute recently, Michael Ferreira , principal of market research for Urban Analytics Inc. , offered his take on what's required in terms of purpose-built rental units.
Latimer Heights - Metro Vancouver's 'largest masterplanned community' to cover 74 acres
Western Investor · 30 Oct 2019
Latimer Heights, being developed by Vesta Properties , is meant to be an intergenerational community that will consist of approximately 2,000 homes, a new elementary school and 17 acres of green space and parkland. A retail village is also planned as a later p…
Public meetings to address mega-mansions and related money laundering in B.C.
Western Investor · 28 Oct 2019
A burst of massive mansions recently built on farmland in Richmond should be a subject of investigation for the Cullen Commission of Inquiry into Money Laundering in British Columbia, says Laura Gillanders , an advocate for farmland preservation.…
HPI - underlying upward trend, Vancouver prices should stabilize
Canadian Real Estate Wealth · 24 Oct 2019
The index gained just 0.1% in September, half of the 21-year average for the month, continuing the trend of the last few months. Even if it were seasonally adjusted, the index would have gained, as in August.
First tall wood building on Vancouver Island gets a step closer
Canadian Real Estate Wealth · 24 Oct 2019
The 12-storey wood building will be part of the development at District 56, Langford's newest mixed-use complex which will offer residents an alternative to the downtown Victoria core.
Canadian commercial investment should begin looking further
Canadian Real Estate Wealth · 24 Oct 2019
Would-be investors in Canadian commercial real estate should begin considering markets beyond the usual hotspots of Toronto, Montreal, and Vancouver, if recent trends south of the border are any indication.
Keystone Carvolth Village 8485 204th Street Langley 85 three and four bedroom townhomes by Archwood Developments
The Province · 24 Oct 2019
Keystone, a development located at Carvolth Village at 204th Street and and 84th Avenue in Langley Township, comprises three-level townhomes ranging up to 1,789 square feet, most with three bathrooms and a powder room.
Record Mission land deal highlights hot Fraser Valley industrial market
Western Investor · 23 Oct 2019
The Fraser Valley has become the Lower Mainland of B.C.'s "most active industrial market," with 105 sales worth $185 million in the first half of 2019, according to Avison Young .
Vancouver approves new housing grant for city's renters
Canadian Real Estate Wealth · 23 Oct 2019
The Community Housing Incentive Program will be funded by revenue from the Empty Homes Tax and the City's capital budget. It replaces the Housing Infrastructure Grant Program.
Vancouver House's elegant, expanding form dramatically adds to city skyline
The Vancouver Sun · 20 Oct 2019
From the start, the 60-storey Vancouver House hasn't been a typical condo project. The differences that set it apart include how the unique challenges of the site were solved by a Danish architect and the contradiction between looking unsteady but being built …
Colliers makes landmark sale of Vancouver multifamily asset
Mortgage Broker News · 11 Oct 2019
With 3 wood-framed apartment buildings, 223 residential units, 11,000 square feet of retail, and all set in around 5.9 acres, the Surrey Gardens Apartment Portfolio sale was the first since it was constructed in 1973.
September home sales surge signals the real estate market is returning to equilibrium
The Vancouver Sun · 11 Oct 2019
September housing sales in greater Vancouver increased by 46.3 per cent from the same month last year. A similar story emerged in greater Toronto where the September 2019 sales were 22 per cent higher than the sales recorded a year earlier.…
Population growth continues to drive Canadian condo market activity
REP · 09 Oct 2019
Steady demand for lower-cost housing in Toronto, Vancouver, and Montreal has impelled much-intensified condo market activity this fall, if the latest figures from these cities' real estate boards are any indication.
Canada's condo markets intensify, outstripping the rest of NA
Mortgage Broker News · 08 Oct 2019
And even though Vancouver prices have exhibited a downward trend over the last few months, sales activity intensified by a massive 46% year-over-year, making September the third straight month of sales growth.
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