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10 Plums Upper Delbrook, District of North Vancouver 10 single family homes 4,000 to 4,791 square feet by Wallmark Custom Homes, Fusion Homes
Homes have been built on six of the 10 Plums sites. Fusion has completed four houses, while Wallmark has completed two homes in the subdivision and has four lots available with a custom-build opportunity for each lot.
Falling Vancouver condo prices could spell big trouble for pre-construction buyers
When someone buys a condo pre-construction, what they are really doing is entering into an agreement to purchase the unit at a later closing date. They'll typically need to get pre-construction mortgage approval from a lender, even though they won't actually b…
Vancouver's single-family homes are now mostly out of reach
Vancouver's affordability saga continues unimpeded as the city's single-family homes are now priced considerably above the median household income, according to a recent study by the National Bank.
Vancouver house prices still a shocker
t's difficult to generalize in Greater Vancouver, since some sellers in certain neighbourhoods have fetched roughly 15 per cent less than they would have in 1995, while others have seen their house values rise somewhat.
Akimbo a 40 storey tower with 350 homes at 4295 Dawson Street Burnaby by Imani Development
Fourth-floor amenities will include a fully equipped gym, guest suite and indoor and outdoor social areas. Outdoor amenities include a dining area and kitchen, kids' play space and gardening beds.
Vancouver immigrants spend $820K more on their homes
Immigrants to Vancouver are buying more expensive homes than Canadians in the city according to a new report. Official figures from Statistics Canada shows that homes purchased by immigrants are worth on average a third more than those owned by Canadians.…
Vancouver office vacancy drops to lowest level since 2008
Metro Vancouver vacancy has dropped to 4.5 per cent in the fourth quarter of 2018, and as low as 3.4 per cent in the downtown market. Demand has driven up prices to more than $50 per square foot for premium downtown space towards the end of the year. No new su…
Loblaws City Market to anchor massive downtown Vancouver post office redevelopment
The former central post office in Downtown Vancouver is destined for a massive revamp, and the historic building will be redeveloped into retail and office space. Now the "Post" developer, QuadReal , has announced that the retail portion will be anchored by a …
The Grand at Willow Creek 27358 32nd Avenue Langley 47 one-to-three-bedroom homes by Apex Western Homes
The lack of affordable housing options in the Lower Mainland is no longer news. It's a problem that has been spreading throughout the region in recent years, with families, businesses and communities all feeling the effects. But Ray Vesely, principal owner and…
Oops, sorry about destroying the economy
There is now talk of a recession in Canada and the blame for the projected crash is clearly tied to government policies. Government tinkering began as a way to cool a hot residential market and it has been wildly successful, which even the Bank of Canada (BOC)…
Haven 33 three and four bedroom townhomes at 3331 148th Street Surrey by Park Ridge Homes
Park Ridge Homes' latest offering is a boutique 33-unit townhouse project in South Surrey called Haven.
Here’s the rising number of condo projects expected to flood Greater Vancouver’s market in 2019
The expected launches for this year encompass a total of 13,975 homes, compared to the 11,584 pre-sale units introduced to the market in 2018.
Multi-family rental market booms as demand chases short supply
Close to $3 billion worth of purpose-built rental properties changed hands in Greater Vancouver last year, according to the numbers crunched by the Goodman team at HQ Commercial .
Richmond man accused of cleaning millions of dollars through real estate
A Richmond man involved in a money-laundering probe into Silver International, based out of this business centre at 5811 Cooney Road, is accused of washing millions of dollars via real estate deals.
Vancouver condo prices negate half a year's worth of gains
The precipitous cooldown of the Vancouver housing market is especially apparent when one considers that the benchmark condo price in the region fell by 6.4% in the 6-month period ending December, reaching $664,100. This also represented a 0.6% annual decline, …
Park George 13778 100 Avenue Surrey 337 homes in a 36 storey tower by Concord Pacific
Phase II will reach a height of 36 storeys, affording residents striking mountain views from suites that are outfitted with cutting-edge smart-home technology. Every residence at Park George has a smart thermostat, and NFC technology allows for keyless entry.…
BC homeowners given deadline to apply for speculation tax exemption
Seen as a way to address the overheated housing market in BC's large metropolitan areas, the speculation and vacancy tax looks to turn unused properties into rentals. According to CBC News, homeowners who live in their properties are exempt from paying the tax…
Metro Vancouver residential price decline will bottom in 2019, then reverse: forecasters
Speaking at the Urban Development Institute 's annual Forecast Luncheon on January 17, Neil Chrystal , president and CEO of Polygon Homes , said, "This year, the single-family home market will remain slow, and experience further price corrections…. In o…
More condo project cancellations may be on the way in Vancouver this year, developer warns
The president and CEO of a major developer is warning homebuyers that more proposed condo projects may be cancelled as inexperienced builders struggle in a cooler market that is still finding bottom. "Last year, we also saw a few smaller projects get into trou…
Vacancy Tax explanation from city of Vancouver
Each year, every owner of residential property will have to make a property status declaration. This will determine if the property is subject to the Empty Homes Tax, also known as the Vacancy Tax.
Cedar Ridge 70 Seaview Drive Port Moody 28 three and four bedroom townhomes by Allaire Living and Headwater Living
Cedar Ridge comprises 28 three-storey three- and four- bedroom townhomes in an area of Port Moody largely devoted previously to single-family homes.
In Canada's housing slowdown, Vancouver proves to be the weakest link
While the country's two most expensive real estate markets have both been hit hard by higher interest rates and tougher mortgage regulations, the data suggest Toronto is faring better and showing signs of stabilizing, while Vancouver continues its slide.…
Transactions hit 18-year low in Vancouver
According to December sales statistics released by the Canadian Real Estate Association, home prices fell 2.7% in Greater Vancouver last month, but still averaged a whopping $1,032,400.
High cost of housing sparks exodus from Vancouver
Statistics show that Vancouver, and B.C. generally, is losing skilled workers to other parts of the country. CMHC spokesman Leonard Catling said one of the main reasons people between the ages of 21 and 25 come to Metro Vancouver is for university but they mov…
Vancouver office market's strength at a record high
In its analysis, commercial agency Devencore stated that vacancy rates for office space in the downtown area fell to 4.5% at the beginning of the year, from 5% a year ago. Demand for Class A space was even stronger, with vacancy rates at 3.9% and average gross…
The waning of Vancouver and the waxing of Toronto
Last year proved to be less than stellar for Vancouver as it experienced a "remarkably constrained" supply of new homes. This trend will most likely last well into 2019, as the market is "exhibiting the most potential for downside risk," Altus stated.…
Akimbo 4295 Dawson Street 350 homes in a 40 storey tower by Imani Development
Standing akimbo – with hands on hips and elbows turned outward – exudes a sense of confidence and boldness, says Payam Imani, founder and CEO of Imani Development, adding that the firm's new 40-storey residential tower, Akimbo, will epitomize those…
Chilliwack brews up a strong economy on Metro Vancouver's edge
Chilliwack is 102 kilometres east of Vancouver but light years away when it comes to affordable housing, a fact that is enticing major employers and new residents to one of B.C.'s fastest-growing regions. The average price of a Chilliwack home is less than $48…
“Affordable” rents demand taxpayers reach deep in Metro Vancouver
A new joint venture will see taxpayers ante $40.2 million for a private development to create an East Vancouver rental project where subsidized one-bedrooms will rent for $1,500 and two-bed-rooms for $1,950 when it completes this year. The subsidy works out to…
Vancouver home sales fall to lowest point since 2000
The total number of homes sold in Metro Vancouver last year fell to 24,619, marking the lowest total since 2000, according to data from the Real Estate Board of Greater Vancouver. That's down 31.6% from nearly 36,000 in 2017 and 25% below the region's 10-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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