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1744 Vancouver real estate articles · all BC
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City of Vancouver and community groups worked together to address the neighbourhood's challenges
The Province · 21 Aug 2022 · Katie Derosa
"We need to replace them with appropriate housing. We need to find a way to increase housing options in the neighbourhood for low-wage workers as well."
Designs were announced for a 40-storey wooden building at 1745 West 8th in Vancouver
The Vancouver Sun · 20 Aug 2022 · Douglas Todd
Prodded by Broadway Plan opponents such as sustainability specialist Paul Morris, Vancouver council decided in May to change the building bylaw to allow mass timber outright up to 12 storeys, a hike from the previous cap of six storeys. Pander said council's c…
1.39 acres industrial land in Maple Ridge sells for $6.88 Million
Western Investor · 19 Aug 2022 · Western Investor Staff
Sale of industrial land and 7,900-square-foot building said to set record price for Metro Vancouver suburban city.
Q2 detached home sales up in 40% of GTA pockets, 31% of GVA, compared to Q1
other · 18 Aug 2022 · Lydia McNutt
Softer detached housing values prompt new round of home-buying activity in hot pockets of Greater Vancouver and Greater Toronto housing markets
Legal dispute over the billion-dollar development of one of Vancouver’s last parcels of waterfront land.
The Vancouver Sun · 18 Aug 2022 · The Canadian Press
The decision from the Supreme Court of Canada means the lower court rulings will stand and, as is customary, the high court does not give reasons for its refusal to hear Concord's appeal.
Vancouver-area housing starts and sales continue to cool
Western Investor · 17 Aug 2022 · Frank O’Brien
Sharp drop from a month earlier is in step with a downturn in housing sales
Future conditions could mean many recent approvals will never become completions
The Vancouver Sun · 11 Aug 2022 · Dan Fumano
This yearly average of roughly 500 rental completions is more than double the previous decade. Between 2000 and 2009, Vancouver's average rental completions were around 200 homes a year.
Metro Vancouver purchase 97 hectares of land for a new regional park on Bowen Island
The Vancouver Sun · 10 Aug 2022 · Tiffany Crawford
The preliminary concept for the park includes day-use picnic areas, trails with 'impressive viewpoints,' access to the beach, and a supervised overnight camping area.
A massive 43.3% Home sales annual drop | REBGV
other · 04 Aug 2022 · Ephraim Vecina
The impact of the central bank's outsized rate hikes has become starkly apparent in Vancouver, which saw a significant 22.8% monthly home sales decline in July.
Home buyers are exercising more caution in today’s market in response to rising interest rates and inflationary concerns | REBGV
REBGV · 03 Aug 2022 · REBGV Staff
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,887 in July 2022, a 43.3 per cent decrease from the 3,326 sales recorded in July 2021, and a 22.8 per cent decrease from the 2,444 homes sold in Jun…
Metro Vancouver home sales down again in July | REBGV
The Vancouver Sun · 03 Aug 2022 · Tiffany Crawford
The Real Estate Board of Greater Vancouver says only 1,887 homes were sold in July, a 43.3 per cent decrease compared with the same month last year.
$7M from Feds to assist builders of the 11-storey tower to meet “net zero energy and passive house” standards
Western Investor · 29 Jul 2022 · Mike Howell
Vancouver MP: 'Once completed, the fully electrical building will emit 94 per cent less GHG emissions than a standard building'
Kitsilano supportive housing project approved by Vancouver City Council
The Vancouver Sun · 27 Jul 2022 · David Carrigg
Thirteen-storey B.C. Housing project at Arbutus and 7th Avenue will provide permanent shelter for 129 homeless people
Metro Vancouver’s vacancy rate has eased to 0.5% due to huge increase in supply | Colliers
Western Investor · 26 Jul 2022 · Frank O’Brien
Industrial lease rates increased to an average of $18 per square foot in the second quarter, Cushman & Wakefield reported, with some markets flirting with $20 per square foot for new product.
Westbank and Squamish nation to build 6000 units next to Burrard Bridge
The Vancouver Sun · 15 Jul 2022 · Dan Fumano
Now the Musqueam are using some of those lands near the University of B.C. to provide badly needed housing for the broader community and generate economic prosperity for their Nation.
Property management firm in Vancouver sells for $720,000
Western Investor · 14 Jul 2022 · Tribe Property Technologies Inc.
Martello Property Services Inc., founded in 1988, purchased by Tribe for $720,000
BoC raises key interest rate by 1 percentage point, the biggest increase since 1998
The Vancouver Sun · 13 Jul 2022 · Derrick Penner
on Metro Vancouver rental market "The Vancouver market was already in crisis. This (rate increase) just heightens it even more." - Paul Danison, content director Rentals.ca.
Colliers looks at 13 areas in Vancouver to understand why vacancy rates are low
The Vancouver Sun · 12 Jul 2022
Louwella Malda and Kyle Roberts launched The Filipino Noodle Joint in a mall on Keefer Street in Chinatown that has one of the highest vacancies in an especially hard hit area.
Shangri-La tower used a real estate appraiser to assess how the market value was affected by the problem
The Vancouver Sun · 08 Jul 2022 · Joanne Lee-Young
The case began in December 2015 when the lead plaintiff filed a notice of civil claim, alleging that defective glass windows were fogging, leaking and spontaneously breaking.
0.7 acres retail in Gaston area sells for $2.7 million
Western Investor · 07 Jul 2022 · Re/Max Commercial Advantage
East Cordova Street, Vancouver, site purchased as strategic acquisition for future land assembly.
The median price for all housing types across Metro Vancouver fell by 13.5% to $889,000 in June
The Vancouver Sun · 05 Jul 2022 · Joanne Lee-Young
Prospective buyers are now being forced to weigh the positive impact of falling prices against the negative impact of rising interest rates
Vancouver proposes huge condo-rentals-social housing development at north end of Granville Bridge
The Vancouver Sun · 05 Jul 2022 · Susan Lazaruk
Public responses so far runs against the development by those worried about density without amenities and an urban planning professor says density can be achieved without building towers that dominate areas of Vancouver
Vancouver’s industrial market is just blistering white hot | Susan Thompson
Western Investor · 25 Jun 2022 · Peter Mitham
Rising interest rates could slow new industrial strata projects
Homes sales are dropping fast and housing projects are being cancelled
The Vancouver Sun · 21 Jun 2022 · Douglas Todd
Looking for bargains "Greater Vancouver home sales dropped 32 per cent year-over-year in May,' says real estate analyst Steve Saretsky.
Amenity contributions are a “double-edged sword” that create “a big revenue stream | Alex Boston
The Vancouver Sun · 21 Jun 2022 · Douglas Todd
Still, the Vancouver city website is full of praise for the hundreds of millions of dollars that developers, in return for upzoning, have devoted to help create scores of amenities, such as the Marpole Family Place, the Jim Deva Plaza and the Creekside Communi…
Canadian home sales down in April as mortgage rates rise
other · 20 Jun 2022 · Jonathan Russell
The Greater Vancouver Area, for instance, saw detached home prices drop just 0.4% since April—however, that is still more than 15% higher than it was last year during the same period. For attached homes, the prices rose 21.5% compared to those in May 202…
Kits social housing project faces neighbourhood opposition
other · 18 Jun 2022 · Tahmina Aziz
A vocal group in Kitsilano is once again rejecting plans for a social housing building in the neighbourhood.
Vancouver Real Estate: An agreement is not binding on court decisions
other · 17 Jun 2022 · Ian Holliday
A Vancouver man who sued the would-be buyer of his home for $600,000, claiming he was owed a deposit for that amount despite the deal falling through, has had his claims dismissed by the B.C. Supreme Court.
3 recommendations how to make home ownership more affordable in June 2022 | REBGV
REBGV · 17 Jun 2022 · REBGV Staff
The Real Estate Board of Greater Vancouver (REBGV) made three recommendations on how to make home ownership more affordable during consultations with the provincial government in June 2022.
Strata office of 1,051 square feet in downtown Vancouver sells for $1.29 Million
Western Investor · 17 Jun 2022 · Western Investor Staff
Strata office of 1,051 square feet in downtown Vancouver sold for nearly $350,000 over assessment value.
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