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Vancouver council continues Vision's crisis management of development
Vancouver was established on a grid pattern of arterials for streetcars (replaced by trolley buses) to serve separate and distinct neighbourhoods across the city. Each neighbourhood was designed to be walkable and transit oriented, with a commercial street, sc…
Vancouver housing falls further while Toronto prices climb higher
First up was Toronto. Kavcic notes sales in June were up 10.4 percent annually, while the benchmark price climbed 3.6 percent. "Month- over-month, condo prices looked very strong, and remain the much tighter subset of the market," writes Kavcic.…
The mansion owner at 1138 Matthews Avenue, listed by Sonja Pedersen of Remax Crest Realty, is fighting the vacant home tax
According to a notice of civil claim filed in B.C. Supreme Court, the retiree accidentally filed utility bills and an insurance policy from the wrong year in support of his declaration that his five-bedroom house wasn't empty.
The $22.5 billion drop: Figures show Vancouver real estate coming 'back to reality,' realtor says
New sales figures show the value of Lower Mainland real estate transactions for the first six months of this year plunged more than $22.5 billion from the same period three years ago.
The owner of 1138 Matthews Avenue fighting vacancy tax bill
In the latest court challenge to Vancouver's vacancy tax, the owner of a $12.5-million Shaughnessy home is seeking to appeal his $128,000 tax bill.
Stubborn Vancouver home sellers aren’t dropping their list prices
We're continuing to see an expectation gap between home buyers and sellers in Metro Vancouver. Sellers are often trying to get yesterday's values for their homes while buyers are taking a cautious, wait-and-see approach
Vancouver home sales post weakest June in almost 20 years
The Real Estate Board of Greater Vancouver says that sales in the month lagged the 10-year average by 34.7% with 2,077 total sales. That's 14.4% below June 2018 and 21.3% below the total sales in May 2019.
Boardwalk 19 three bedroom townhomes at 4294 Wolf Way Tsawwassen by Aquilini TFSI Development
The 42-acre Tsawwassen Shores includes some 550 single-family residences, townhomes and condos, while Boardwalk — to face the ocean and across to the Gulf Islands — will have a greater number of homes and also include duplexes, reports Christine St…
Greater Vancouver homes for sale stockpile as buyers slow, prices slide: report
Sellers are often trying to get yesterday's values for their homes while buyers are taking a cautious, wait-and-see approach
Housing supply up, home sales and prices down in June
With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to accumulate in Metro Vancouver*.
Owners of controversial site in Shaughnessy to build single mansion instead of rental townhomes
The owners of a residential lot on Granville Street in Vancouver's Shaughnessy neighbourhood will not be submitting a new proposal to construct 21 rental townhomes, and are instead proceeding with plans to build a single mansion.
1 in 13 Vancouver families can afford homeownership
"Only one in eight families earns the income necessary to manage ownership costs in the Vancouver area, and one in five families in the Toronto area and Victoria. And this isn't taking into account the mortgage stress test," said RBC's report on Housing Trends…
Only 7% of Vancouver families can afford homeownership
"Only one in eight families earns the income necessary to manage ownership costs in the Vancouver area, and one in five families in the Toronto area and Victoria. And this isn't taking into account the mortgage stress test," said RBC's report on Housing Trends…
Orchard Park 16650 25A Avenue Surrey 80 two and three towhhomes by StreetSide Developments
StreetSide Developments' latest project is Orchard Park, an 80-unit townhome community in South Surrey. Once again, StreetSide employees are among the purchasers.
Making sense of Vancouver's luxury condo market
Despite both global and local trends that have dampened condo demand, there remains a seemingly alternate universe of luxury projects and high-end highrises that are coming to Vancouver.
New purpose built 500K square foot lulu lemon headquarters on great northern way will be eco friendly
The company says it has outgrown its existing facilities in Vancouver including the global headquarters in the Kitsilano neighbourhood, and is now proposing to build a new and expanded purpose-built office building — called the Store Support Centre &mdas…
Amber 633 West King Edward Avenue 31 one, two and three bedroom homes by Aragon Properties
Aragon Properties' soon-to-be launched multi-family development at Ash Street and King Edward in Vancouver – is scheduled to be completed almost immediately.
New regulations might benefit Vancouver long-term rental supply
In the four months since Vancouver's new real estate regulations came into effect on September 2018, a little over 300 homes have returned to the market's long-term rental supply, after previously being used as full-time Airbnb units.
Condo incentives ramp up, but can they save slow-selling projects?
Cash bonuses of up to $100,000 for realtors; free flights, skis and golf; free mortgage interest and property tax payments for the first year; no strata fees for life; eight per cent interest paid on deposits for presale buyers. All of these and more – i…
Political unrest in Hong Kong is bad news for Vancouver millennials
With political upheaval in Hong Kong, which has seen millions take to the streets to protest an extradition law with Mainland China, speculation is rampant that a rush of new residents will make their way to Vancouver.
AutoProp is now available to 18,000 realtors – a MyLTSA product
The Fraser Valley Real Estate Board, the BC Northern Real Estate Board and the Chilliwack and District Real Estate Board have all introduced AUTOPROP as a new service available to their members, following its adoption by the Real Estate Board of Greater Vancou…
Owners aren’t actually present in nearly half of Vancouver’s condos
Vancouver's condominium market has been a hotbed of activity and price growth over the past few years, but Simon Fraser University academic Andy Yan has just confirmed many hopeful home buyers' worst fears: Almost half of the city's condo units are not occupie…
Magnum Projects’ new development Soleil in White rock offers 8% return on down payments
A condo called Soleil White Rock Living, located in the retirement community of White Rock about three-quarters of an hour from downtown Vancouver, is enticing buyers with the prospect of making an extra $23,275 to $77,275 in interest on their 20% down payment…
Owner of $24 million Point Grey home goes to court to fight $249,000 vacancy tax bill
The owner of a Point Grey home is going to court to fight a $249,000 empty homes tax bill she was ordered to pay by the City of Vancouver.
These 2 Canadian housing markets keep reaching new all-time price highs
The margin between current Vancouver home prices and peak heights continues to widen. Off 4.98 percent from July 2018, Vancouver prices fell 0.25 percent on a month-over-month basis and 4.05 percent annually.
Vancouver office building managers’ response to homeless people has shifted
"It's completely flipped. We're approaching it with the idea of trying to help them"
Which Metro Vancouver areas are still seeing strong real estate sales?
In the current slowing real estate market, it's easy to read the headlines and imagine that sales are plummeting all over the region and it's becoming a buyer's market. But that's not necessarily true of all areas – or all property types.…
Lower Mainland CRE sales down sharply in first quarter
The Real Estate Board of Greater Vancouver says there were 318 CRE sales in Q1 2019 according to data from its Commercial Edge system. That's a drop of 42.1% from a year earlier.
Vancouver leads major global markets for office rent growth
A report from CBRE shows that over the past two years rents have gained 31%, beating growth in London, Tokyo, and New York combined. Vancouver is the only city to make the top 10 in CBRE's Global Prime Office Occupancy Costs report for the past 2 years.…
Greater Vancouver commercial real estate sales down 49%: Altus Group
Sales value are down 49 per cent in the first quarter of 2019 as compared to the same period last year, totaling $1.58 billion. Sales velocity also slowed considerably, down 36 per cent from the year prior. Three hundred and twenty-two transactions mark the lo…
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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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.