News & Blog
2162 Metro Vancouver real estate articles · all BC
Buying or selling? Search active MLS® listings in your area
All BC
Metro VancouverVancouverBurnabySurreyRichmondTri-CitiesNorth ShoreFraser ValleyVictoriaOkanagan
High-stakes Burnaby bowling-alley sale, unenforceable, ‘tainted by illegality’: judge
A real-estate deal involving a bowling alley sitting on a prime piece of Burnaby development property was "tainted by illegality" and has been deemed unenforceable by a B.C. Supreme Court judge.
Amid taxes, values of Metro Vancouver properties fall substantially
An array of restrictive policies like school and speculation taxes have led to the loss of as much as $90 billion in the overall value of Metro Vancouver properties, according to an analysis by a non-partisan organization.
One in five proposed Vancouver housing units has been shelved: report
With new home sales dropping in tandem with resale residential units, Vancouver developers have been rapidly shelving projects, according to a new report by Altus Group .
Nearly $90B in equity wiped off Lower Mainland home values in past year
While falling home prices may be good news for those trying to get into the real estate market, they're certainly not welcomed by the 63.7 per cent of Metro Vancouver adults who own their home.
Vancouver launches new online tools to help speed up building
The project to improve clarity and simplify the regulations was launched in 2018 and is the first effort to review and reform over 60 years of policy-making in zoning and land use.
Latimer Heights 8207 202B Street Langley approximately 2000 homes of different types by Vesta Properties
When fully built, Latimer Heights will cover an area of 74 acres and include single-family residences, duplexes, row homes, rooftop patio townhomes and traditional townhomes.
West Vancouver has been hit hardest by the housing market correction
A new Zoocasa study of Metro Vancouver shows how 15 neighbourhoods are faring in an environment of depressed demand that has become the new reality in what was once the country's hottest real estate region. The Canadian real estate company looks at two key met…
Re/Max withdraws from referral deal with Redfin
In March, the companies announced the alliance for Redfin offices in Canada (currently in Toronto and Vancouver) and the U.S. Under the arrangement, in areas where Redfin does not have offices, Redfin referred customers to approved Partner Agents at other brok…
BoC will cut interest rates twice this year says Capital Economics
He said that with condo presales in Toronto and Vancouver in 2018, developers have found it harder to secure investment in new projects. That, says Brown, is likely to have an impact on employment and consumption, making a big dent in the country's output.…
Parq Vancouver’s debt problems spark questions about public incentives
Parq announced May 10 that it has restructured its debt to lower its annual interest payments, which had totalled $112.2 million per year on close to $560 million in debt related to project funding to build the complex, but the company did not reveal too many …
Trudeau says new mortgage rules cut froth in Toronto, Vancouver
The Canadian government is monitoring whether tougher mortgage rules are having the desired effect but doesn't favour allowing longer mortgage terms, Prime Minister Justin Trudeau said.
Find Vancouver real estate expensive? Check out these exorbitant markets
Vancouver, being a young city with a relatively underdeveloped housing market, tends to have much more space in condos than a lot of expensive world cities. This brings down the average price per square foot – so you get a lot more condo for your buck.…
Are Toronto, Vancouver facing an office vacancy surge?
Research firm CoStar Group says that the vacancy rate in downtown Toronto, which was at a historic low of 2.9% in the second quarter of 2018, will hit 6% in 2023.
Kira 750 Dogwood Street Coquitlam 116 homes in a 6 storey building by Woodbridge Homes
The word "kira" denotes light in some Middle Eastern languages, which is why Woodbridge Homes selected it as a moniker for its 116-suite multi-family development located just beside the Evergreen Line in West Coquitlam. Everything from the massing of Kira's tw…
Vancouver's luxury market: 'There's something wrong with this picture'
Trying to put a positive spin on Vancouver's luxury property prices—where a two-bedroom, 1,831 square foot condo costs $2,660,000—is a tall order.
Money laundering drove up B.C. real estate prices by 5%: reports
An estimated $5.3 billion of laundered money into B.C. real estate in 2018 hiked housing prices about 5 per cent, two special reports released May 9 by the provincial government show. However, since the figures are for the entire province and based on incomple…
Amira 612 Brantford Street New Westminster 41 homes in a 6 storey building by Alpha Beta Developments Ltd
Amira, a six-storey woodframe building with 41 homes and a heritage house, is being developed by Alpha Beta Developments.
Coquitlam realtor faces discipline over unexpected $17K roof assessment
Realtor was reprimanded for failing to review strata documents that led to his client being hit with an unexpected $17,000 property assessment
Vancouver sales volume falls due to slackened demand
Overall transactions declined by 29.1% annually in April, down to 1,829 sales. This is despite a gain of 5.9% from the 1,727 deals in March.
Average Vancouver home prices could lose $100,000 from 2018 peak
The housing recession that is sweeping across the Vancouver area will leave home prices 12 percent below the peak achieved last June, an economist predicts.
Squamish Nation to build 3000 rental units by Burrard street bridge in Vancouver
Squamish Nation has announced its plans to begin the development of one of Canada's largest Indigenous urban developments, slated to arise beside Vancouver's Burrard Street Bridge.
Montreal sees 183% surge in foreign buyer investment because of foreign buyer tax in Toronto and Vancouver
Foreign Investment in Montreal's property market surged a whopping 183% in 2018 over the previous year—the likely the result of foreign buyer taxes in Toronto and Vancouver.
Vancouver home sales slump again to 43% below average
The Real Estate Board of Greater Vancouver says that there were 1,829 sales in April, up 5.9% from March but 29.1% below the April 2018 figure and 43.1% below the 10-year average.
Wondering what sells in Vancouver’s slower market?
Our ocus was on which pockets of Greater Vancouver have strong sales. We looked at data during the most active selling months (Sept - Oct 2018 and Feb - Mar 2019) and analyzed areas with the highest sales-to-active listings ratio, a handy benchmark that compar…
Analysis: Only 43 Metro Vancouver homes over $7M have sold in past year
The Metro Vancouver real estate market is clearly cooling down, and nowhere is this happening faster than in the high-end detached home sector, an analysis of MLS data reveals.
Home-alone trend is adding fuel to housing crisis
n Vancouver, the most expensive rental housing market in Canada and one of the least affordable for homebuyers on the planet, about one-third of the homes have just one resident.
Metro Vancouver residential property prices still sliding as listings pile up: REBGV
The board said that the composite benchmark home price across Metro Vancouver dipped to $1,008,400 in April, very close to edging back down over the million-dollar mark. This is 8.5 per cent decrease over April 2018's price, and a 0.3 per cent decline from Mar…
Reduced demand and increased supply remain the trend across Metro Vancouver’s housing market
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,829 in April 2019, a 29.1 per cent decrease from the 2,579 sales recorded in April 2018, and a 5.9 per cent increase from the 1,727 homes sold in Ma…
Luxury home market experiencing 'carnage' in some spots
Longtime realtor Brent Eilers who's watched the ups and down for nearly four decades called the 50 per cent drop "extreme," but wagered that with the slow-down, which means West Vancouver properties above $5 million are now sitting on the market for three plus…
Here's What The Bank Of Canada Says Is The Real Reason For The Housing Slowdown
A report issued by the Bank of Canada (BoC) paints a very different picture of what happened in the overheated real estate markets around Toronto and Vancouver over the past several years.
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
Pages
About
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
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.