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A joint venture agreement in Vancouver that sees a once in a lifetime opportunity for any city
The first phase of construction will start this spring with the construction of a new intersection at the site's entrance at Metchosin and Latoria roads.
Average price of new condo increased 12.5 percent in 2021 | MLA Canada
"The condo market is very strong now compared to 2018 to 2020 – end unit values have increased substantially which, in turn, increased the land value. For example, East Vancouver wood-frame condo sales range from $1,100 to $1,200 [per square foot] depend…
Hand work pays off to Goran Bucan biggest hit in 2021
"Every day I had to have the patience for the vendors and purchasers even though they had had enough and wanted to call it quits. I had to gather every ounce of strength and patience and not freak out, insert patience into the buyers and sellers and convince e…
Vancouver housing market continue to compete for fewer listings at higher prices in 2022
"With low interest rates, increased household savings, more flexible work arrangements, and higher home prices than ever before, Metro Vancouverites, in record numbers, are assessing their housing needs and options," said REBGV economist Keith Stewart.…
Vancouver house was assessed at $3.9 Million which is for sale at $11 Million
The house at 481 West 40th Ave. in Vancouver is assessed at $3.9 million, but is being listed for sale at $11 million. Photo by NICK PROCAYLO /PNG
Mansion sales surge 240% in Vancouver, Canada’s hottest market
grow­ing 240 per cent, faster than any­where else in Canada, accord­ing to a report Wed­nes­day by Sotheby's Inter­na­tional. Toronto wasn't far behind with 238 per cent growth.
Proposed surtax is expected to annually raise up $5.8 Billion to improve housing affordability
The surtax would disproportionately target those living in detached homes in Toronto and Vancouver
0.4-acre industrial building sells for $10.6 Million located in 1250 East Pender Street, Vancouver
The East Pender Street property includes a vacant 16,368-square-foot industrial building.
Lumber prices have nearly tripled surging to increase a new single family home
Several B.C. roadways and rail lines were damaged by flooding and landslides, contributing to a supply chain bottleneck at the Port of Vancouver. Lumber shipments were delayed, causing a supply crunch and pushing prices up as home builder demand remained high.…
4.62 acres industrial land at Burnaby sells for $18.5 million
Properties in the Big Bend area could be redeveloped from heavy industrial to light industrial zoning at the geographic centre of Metro Vancouver.
11,275 square feet multi-family sells for $7.5 million
The three-storey, 18-unit rental apartment building on East 6th Avenue, Vancouver, built in 1968, sold for $7.5 million.
How property markets are being reshaped in this state of pandemic
Now the question is, 'What's the future for that particular part of the workforce?' " Yan said. "You can see how this has a total cascading effect." And it raises questions about how governments might deal with improving affordability through policy decisions,…
House prices across Canada have jumped 34 percent since pandemic
Courtesy of Vancouver real-estate analyst Steve Saretsky Inflation has risen in most Western countries as Ottawa has heightened monetary stimulation (the printing of money) and handed out extremely low interest rates, to head off a slowdown. But our politician…
B.C. home sales began to normalize amidst pandemic
The Kamloops and District Real Estate Association and the Association of Interior Realtors recorded a nearly 29 per cent increase in residential prices, while in the Lower Mainland, Chilliwack and the Fraser Valley saw average home prices go up to $697,250 and…
Six foot tall spelling out “TRUMP” reportedly to be removed soon in Vancouver West Georgia
There was, at the same time, public discussion about what high-profile brand might take over the hotel. Now, there are signs online that it will be Paradox Hotels. There is a link at Hotels.com, which contains the Paradox name in its URL, and points to the for…
2021 produced record setting annual total in British Columbia
Greater Vancouver continues to have the province's most expensive real estate, with the average home price exceeding $1.24 million, up 14.6 per cent from November 2020, although the price gap between outlying areas is shrinking.
Council approved series of moves aimed at encouraging construction of secure rental housing
The decision has both practical and symbolic importance, said Gil Kelley, who headed Vancouver's city's planning department from 2016 until his departure in March of this year . In his first public comments since his departure from the City of Vancouver in Mar…
Squamish is set between the world’s best ski hill and the world’s best city
With home prices ascending faster than anywhere in Metro Vancouver, Sea-to-Sky city has more than Chief climbers heading for the top
A stronger-than-ever e-commerce market, demand for space will likely accelerate through 2022
The Interior and Vancouver Island can be part of the solution. Within the pandemic and post-pandemic "new normal", more people will be relocating from the Lower Mainland to other communities in the province. Our transition to remote work, and newfound apprecia…
Proposal for 535 home and retail town centre in North Vancouver this month
The residential rental vacancy in North Vancouver is currently at 2.8 per cent, according to CMHC.. In addition to qualifying income, as determined by BC Housing, the 58 rental units will be set at 25 per cent below market rates, which were pegged at $1,436 pe…
$300M Richmond Land Deal brokered by Goran Bucan - Buyer is a local developer Keltic Developments located at the corner of #2 and River Road
"The acquisition of this piece of land presents us with an opportunity to work with the City of Richmond and the public to design and develop their dream, and to create something that will have a positive and lasting impact on this community for generations to…
Real estate demand in Greater Vancouver is hot, even the supply of active listings has dwindled dramatically
It's a seller's market in Greater Vancouver real estate — but shortage of active listings is a symptom of dwindling supply
Six-storey condo project proposed for Port Moody
The current benchmark price for a Port Moody resale condominium is $741,200, according to November data from the Real Estate Board of Greater Vancouver. But several councillors expressed concern such micro-suites were out of place in a suburban setting with fe…
Metro Vancouver continues to see high demand in housing supply amidst pandemic
"We've had elevated home sale activity throughout 2021 despite persistently low levels of homes available for sale," Stewart added. "With a new year around the corner, it's critical that this supply crunch remains the focus for addressing the housing affordabi…
Aggregate price of a home will grow 15% in Q4-2021 compared to the same period last year
The cost of homes in Greater Vancouver are expected to keep rising through the rest of 2021.
Redeveloping 19-storey residential rental tower located in Mansion Street
The development would provide 227 parking spaces in a three-level underground garage, plus 733 bicycle parking spots. Mirage Management is developing the project on behalf of an investment firm, with DA Architects & Planners handling design aspects.…
Vancouver’s rental market availability hit a 2 years low during Q3-2021
"Availability rates are now at the lowest level in two years as post-secondary institutions have resumed in-person lectures and an influx of students have migrated back to the region," said the report. "With low levels of availability, leasing teams are contin…
Meng’s future plans for the homes, except that they had no indication of any interest to sell them.
But both Vancouver realtor Julie Wei, who was the listing agent, and Bob Cheng, who was the buying agent, for the home in 2016 when it was purchased in the name of Meng's husband, Liu Xiaozong, say the property is currently not for sale on MLS or off-market.…
Metro Vancouver continued hitting the market to fall in line with long-term averages
"Although this is keeping the overall supply of homes for sale low, we're not seeing the same upward intensity on home prices today as we did in the spring," said Stewart in the report.
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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