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2162 Metro Vancouver real estate articles · all BC
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Metro Vancouver has nation’s highest per-square-foot home prices
Western Investor · 07 Nov 2018
The average price of a downtown Vancouver condo is pegged at $1,345 per square foot, which is a staggering 39 per cent higher than one year previously, according to the Century 21 Canada report released November 7.
CMHC issues forecast for next two years
Mortgage Broker News · 07 Nov 2018
Through this year, Vancouver has born witness to softening home prices across all market segments, and that trend is expected to continue, according to CMHC.
Two downtown Vancouver office buildings acquired for $57.5M
Western Investor · 07 Nov 2018
Allied Properties Real Estate Investment Trust has entered into an agreement to purchase 151 West Hastings in Gastown and 1220 Homer Street in Yaletown.
Vancouver expects $30 million in first year of empty homes tax
Canadian Real Estate Wealth · 07 Nov 2018
The city says $8 million raised by the tax in 2017 has already been earmarked by council for specific affordable housing initiatives.
Metro Vancouver 27% below average, inventory at 4-year high
Canadian Real Estate Wealth · 05 Nov 2018
Home sales in Metro Vancouver continued to run well below their long-term historical averages in October.
Belle Isle 2060 Curling Road North Vancouver 88 stacked townhomes from 534 to 2182 square feet by Citimark
The Vancouver Sun · 03 Nov 2018
Lions Gate Village, a master-planned community at the corner of Marine Drive and Capilano Road that will eventually include about 1,800 homes, retail outlets, a new community centre, daycare and three parks.
Hiring the right Realtor is an important first step in today’s real estate market
The Vancouver Sun · 02 Nov 2018
Navigating Metro Vancouver's housing market can feel daunting, especially when market conditions are changing.
Flippers might not be the problem in Toronto and Vancouver
Canadian Real Estate Wealth · 28 Oct 2018
In Vancouver, only 3.4% of condo sales between April and June were those of previously sold homes – a stark contrast with the 5% ratio back in March 2016.
Ovation 813 Carnarvon Street New Westminster 204 homes in a 32 storey tower by Domus Homes
The Vancouver Sun · 27 Oct 2018
In a nod to New Westminster's arts and cultural community, Domus Homes is setting the stage for plenty of applause with Ovation, its new 32-storey development in the city's historic downtown.
Overvaluation is easing but vulnerability remains says CMHC
Canadian Real Estate Wealth · 26 Oct 2018
CMHC has published its latest Housing Market Assessment and says that even in four markets where overvaluation is detected - Vancouver, Toronto, Victoria, and Hamilton – house prices are returning to levels that are supported by housing market fundamenta…
Stewart's vows for Vancouver may not be enough – observers
Mortgage Broker News · 25 Oct 2018
Urban Development Institute says this plan won't do much to improve affordability in the red-hot market
Park George 339 homes in tower one at 13768 100 Avenue and 337 homes in tower two at 13778 100 Avenue Surrey by Concord Pacific
The Province · 25 Oct 2018
There aren't many places where a new condo comes with access to two private swimming pools, an outdoor hot tub theatre, tennis court, work lounge, sports social lounge, virtual spin studio and video conferencing room. Park George, the latest offering from Conc…
Chinese buyer interest in Metro Vancouver real estate soars again
Western Investor · 23 Oct 2018
Canada is not as important to China's buyers as other places, especially the United States," said Tina Mak , an agent with Coldwell Banker Westburn Realty in Vancouver. Mak contends that searches through Juwai.com are up for virtually every country as worried …
50 Electronic Avenue 258 homes in two 6-storey buildings at 50 Electronic Avenue Port Moody by Panatch Group
The Vancouver Sun · 20 Oct 2018
Twenty years ago, when Kush Panatch bought a 3.5-acre parcel of industrial land opposite Port Moody's downtown, he knew it might take a long time for it to appreciate in value. What he hadn't anticipated was the new SkyTrain Evergreen extension or the nearby W…
Flip rates in Vancouver, Toronto are much less than one would expect
REP · 17 Oct 2018
Government measures aimed at curbing housing speculation will fail to improve affordability in Vancouver
Slower Toronto, Vancouver pull down national activity – CREA
Mortgage Broker News · 17 Oct 2018
For the first time in nearly half a year, home sales activity across Canada declined, in large part due to the weaker performances of the Toronto and Vancouver markets.
B.C. launches speculation and vacancy tax, with new name following criticism
Western Investor · 16 Oct 2018
Anyone who owns a home that is not their primary residence, and that is not rented out at least six months of the year, on December 31 of each taxation year, is liable for the tax for that year. The tax only applies in certain areas, which are the Capital Regi…
Tech giants driving hearty Vancouver activity
REP · 15 Oct 2018
The steady expansion of major tech companies like Amazon and WeWork into Vancouver is a main driver of demand for the city's commercial real estate, according to RE/MAX Western Canada regional executive vice president Elton Ash.
Vancouver residential inventory swells to 4-year high
Mortgage Broker News · 12 Oct 2018
Using September 2018 data from the Real Estate Board of Greater Vancouver, VANCITYliving noted that Metro Vancouver's inventory of detached, attached, and apartment residences increased by 36% on a month-over-month basis.
Cedar Creek 7133 14th Avenue Burnaby three 6 storey buildings phase 1 has 128 homes by Ledingham McAllister
The Province · 11 Oct 2018
Cedar Creek, Ledingham McAllister's new residential development in South Burnaby, is part of the revitalization of the city's Edmonds neighbourhood and will be adjacent to the planned nearly 60-acre Southgate City community.
How low can Vancouver home prices go? An economist predicts more declines
Business in Vancouver · 10 Oct 2018
Vancouver home prices haven't hit bottom yet, not according to the latest forecast from a credit union based in BC and Ontario.
Park George 13768 100 Avenue Surrey 399 homes in two towers of 36 and 39 storeys by Concord Pacific
The Vancouver Sun · 06 Oct 2018
There are not many places where a new condo comes with access to two private swimming pools, an outdoor hot tub theatre, a tennis court, a work lounge, a sports social lounge, a virtual spin studio and a video conferencing room. Park George, the latest offerin…
Vancouver home sales activity declined considerably last month
Mortgage Broker News · 04 Oct 2018
Amid warnings of an impending bubble burst, Vancouver and its surrounding markets have experienced a sharp decline in home sales in September
Has an overzealous B.C. government imperilled 12,000 rental units?
Canadian Real Estate Wealth · 04 Oct 2018
The British Columbia government is coming down hard on landlords, including condo investors, and there's mounting fear that 12,000 much-needed rental units in Metro Vancouver are imperilled.
Gilmore Place 2108 Gilmore Avenue 12 acres with 10 towers total, primary tower 64-storey with 643 homes by Onni Group
The Province · 04 Oct 2018
The Onni Group's Gilmore Place is the third of a trio of master-planned communities launched over the last three years as part of Burnaby's ambitious plan to foster residential development along the backbone of the SkyTrain Millennium line running through its …
Vancouver home sales continued lower last month
REP · 03 Oct 2018
The Real Estate Board of Greater Vancouver reported sales of 1,595 homes in the month, down 43.5% from a year earlier
The Stack will be Vancouver’s tallest commercial building
Canadian Real Estate Wealth · 03 Oct 2018
Oxford Properties Group announced late last week the beginning of the development of The Stack, a high-rise office tower that will be injecting 540,000 square feet of commercial space in Vancouver.
Metro Vancouver residential sales plummet 43.5% in September
Western Investor · 02 Oct 2018
September is usually the month that we'd expect to see residential real estate activity start to pick up after a summer break – but there's no sign of that this year, new statistics from the Real Estate Board of Greater Vancouver reveal.…
Look At What's Happened To Demand For Vancouver Housing
other · 02 Oct 2018
Vancouver Housing Demand Drops Like A Rock, And Prices Are Now Falling If current trends continue, all the housing in Greater Vancouver will be in a "buyer's market" within a few months.
Holywell Properties offers sold prices online in Vancouver
REM · 01 Oct 2018
Vancouver brokerage Holywell Properties is now putting sold prices online for homes sold through the MLS systems of Greater Vancouver, the Fraser Valley and Chilliwack and area on its website at Zealty.ca.
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