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The market for detached homes in Greater Vancouver has statistically become balanced
The West Side of Vancouver and West Vancouver are now a buyer's market.
Proposed university tower to be the highest building in Metro Vancouver
The University of British Columbia Okanagan (UBCO) hopes to take the phrase "higher learning" to a whole new level.
Vancouver’s council made significant amendments to the long-awaited and widely debated Broadway plan
Opinion: Vancouver council worked through more than 20 amendments over the course of about six hours, but failed to reach a decision on the Broadway plan
A double digit drop in home sales in May
Furthermore, data from the firm found that the falling sales-to-new listings ratio in major markets such as Toronto, Montreal, Vancouver and Calgary implies home price inflation could drop from 18 per cent in April to zero by the end of the year.…
Home sales in Vancouver calmer in May as interest rates cool market
For all property types, the board reported that the sales-to-active-listings ratio for May 2022 was 29.2 percent, still a seller's market.
Scarcity in the market is now one of the most challenging in the country due to pandemic
"We've got 600-sq.-ft. units, and we're finding some businesses are buying five or six of these units," said Brennan Finley, the senior development manager at Wesbild, which is selling units in a six-storey, mixed-use industrial development in South Vancouver …
B.C. penthouse owners sue layers for vacancy taxes in common area battles
Concord Pacific CEO and Erickson penthouse owner Terry Hui alleges the strata council has delayed completion of penthouse during the fight over the common area, leading to the City of Vancouver charging a vacancy tax
Vancouver area overall dipped to $922,000 in May
A just-released report on rising interest rates is giving would-be home buyers and sellers an idea of the impact already being seen in the Vancouver area, and the results vary by city.
Greater Vancouver home sales down 31.6% from May of 2021, 9.7% from April of this year | REBGV
'Calming market' in May spooks some home sellers as transactions fall, listings rise and asking prices start to slide
Vancouver’s plenty of works ahead as it targets net-zero by 2050
Consistent tracking of performance is a missing piece of the net-zero equation
Vancouver’s plenty of works ahead as it targets net-zero by 2050
Consistent tracking of performance is a missing piece of the net-zero equation
VGH’s fundraising charity makes $100M acquisition of Vancouver property
The foundation in late March completed a deal to buy a 1.4 acre property at the 900 block of West 12th Avenue, which is right next to VGH's main campus
Metro Vancouver’s office market is the strongest in Canada
Concert's first acquisition in Brentwood seen as the highest price paid for a B.C. office property in the past two years
Metro Vancouver multiple projects hit in the market place in the second half of 2022
As more renters return to Vancouver's urban areas, purpose-built rental rates across the region continued to rise during the first months of 2022. In its Vancouver Rental Take report for Q1-2022,
Vancouver, Squamish Nation sign deal to ensure services for Kitsilano project
The service agreement, designed to provide utilities from the city to the First Nation development, will sit in escrow until details are finalized.
Vancouver votes to change building codes to tackle climate crisis
Among the changes are that all new multi-family buildings will require cooling systems by 2025 and air filtration to protect residents from intense heat waves and fire smoke pollution.
26-unit multi-family rental in Vancouver sold for $18.6 Million
The 26-unit multi-family building, concrete-built with ocean views in Vancouver's West End, sold for $18.6 million.
16.8% year over year decline in home sales in April | Saskatchewan
The Saskatoon region saw year-over-year sales drop by 14% in April, compared with 41% for Toronto and 34% in Vancouver.
Vancouver housing approvals were purpose-built-rentals or for social housing in 2021
City of Vancouver approved thousands of new housing units, the most approvals since the city's 10-year housing strategy was implemented in 2017.
New condo prices increase amidst higher demand
rose in Toronto, Vancouver, Victoria and Québec City compared to the previous quarter. Meanwhile, prices dropped in Halifax, Ottawa and Edmonton, but remained unchanged in Montréal and Calgary on a quarterly basis.
A 32-storey office tower begins construction in downtown Vancouver
Each floor will have its own air circulation and filtration system that can be sealed off and controlled separately from the rest of the building.
Housing trends indicate that the BOC rate tightening cycle to have significant impact | RBC
Home price growth in these markets is also slowing, with composite benchmark prices ticking up by just 1% month over month in Vancouver, and dropping by 1.6% in Toronto.
Multi family rental in Vancouver sold for $5.59 Million
Property on a 5,495-square-foot corner lot in Fairview, close to future Broadway SkyTrain station, sold for $5.95 million.
Vancouver housing market gradually saw change in realestate activities
While a small sample size, the return to a more traditional pace of home sales that we've experienced over the last two months provides hopeful home buyers more time to make decisions, secure financing and perform other due diligence such as home inspections,"…
Vancouver small business owners difficulty in coming back to it’s spotlight
"Our business is quite competitive, and the prices have gone up, but we dare not raise ours," Kamrudin said. "You raise prices a few dollars and you could lose that customer."
REBGV latest data showed a total of 3,232 sales last April
The composite benchmark price for all residential properties across the Metro Vancouver market reached nearly $1.375 million, having increased by 1% from March and by 18.9% from April 2021, the REBGV said.
Metro Vancouver home sales ease down from the record-breaking pace of the last year | Daniel John
April sales also down 25.6 per cent from March as month-over-month prices increases stall at a lofty high
Metro Vancouver home prices remained steady, despite the slowdown in sales in April
The slowdown comes after the Bank of Canada increased interest rates in a bid to tamp down inflation.
Vancouver’s EHT increase a “big blow to housing speculators” | Kennedy Stewart
Vancouver's EHT — otherwise known as the Vacancy Tax — was created for properties unoccupied for at least six months of the year.
Vancouver city council to decide whether to increase empty homes tax to five per cent
The city's Empty Homes Tax – charged to owners who don't live in or rent out their properties – is going up to five per cent next year.
Building List Count by City
- Abbotsford - 447
- Agassiz - 28
- Burnaby - 55
- Burnaby East - 77
- Burnaby North - 365
- Burnaby South - 343
- Campbell River - 1
- Chilliwack - 221
- Cloverdale - 193
- Comox Valley - 10
- Coquitlam - 563
- Delta - 10
- Duncan - 41
- Esquimalt - 59
- Gulf Islands - 6
- Harrison Hot Springs - 13
- Harrison Mills - 1
- Hope - 22
- Ladner - 109
- Langford - 156
- Langley - 529
- Maple Ridge - 312
- Mill Bay - 2
- Mission - 65
- New Westminster - 444
- North Delta - 28
- North Island - 2
- North Saanich - 8
- North Surrey - 409
- North Vancouver - 747
- Oak Bay - 44
- Osoyoos - 1
- Parksville / Qualicum - 7
- Penticton - 8
- Pitt Meadows - 75
- Port Alberni - 2
- Port Coquitlam - 266
- Port Moody - 267
- Richmond - 1162
- Saanich East - 232
- Saanich West - 92
- Sardis - 153
- Sidney - 152
- Sooke - 39
- South Surrey White Rock - 713
- Surrey - 662
- Tsawwassen - 97
- Vancouver East - 998
- Vancouver West - 2482
- Victoria - 665
- View Royal - 46
- West Vancouver - 230
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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.