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Vancouver housing market, demand remains high despite the reduced supply
Demand should remain high in the short term to cap a record-setting year.
The strata council requested the removal of the large TRUMP signage
Since then, the list of voices calling for the Trump name to be taken off one of the tallest and prominently located downtown buildings has included former mayors, city councillors, chief planners, construction workers, marketing professors, urban planners, ac…
Numbers of residential apartments sold in B.C wiped out its records during the first half of 2021
"Investing in rental apartments in B.C. is probably one of the lowest risk profiles of any asset class right now." Toronto-based Starlight Investments bought two separate portfolios of multi-family apartments, in Vancouver and West Vancouver, and Victoria and …
Metro Vancouver ratepayers still recovering from the effects of the pandemic
A larger increase, however, is projected over the next five years. According to Metro's 2022 to 2026 financial plan, the yearly rate is expected to increase from $595 next year to $952 by 2026. Metro Vancouver, which serves 21 local municipalities in the Lower…
Vancouver to plan conceptual development in False Creek South
The decision doesn't delay the process, she said. "Either way we would have gone into a planning process. But this ensures that the process begins from a place of trust with the residents, so it can better engage them and better hear from them, and reflect the…
Redevelopment of a 67-year-old centre motel in Vancouver
A deal was recently reached by Nicola-Crosby Real Estate Investments, the real estate arm of Vancouver-based Nicola Wealth Management, to acquire the property. It is operated as low-cost accommodations with 66 guest rooms. It was previously stated by the build…
A Vancouver homeowner is upset that rezoning being rammed will lose his home
Stewart said he plans to take every legal action he can to ensure the City of Vancouver meets its obligations under the Vancouver Charter that stipulates parties affected by zoning and development amendments have a fair opportunity to understand and respond to…
Unveiling changes aimed at increasing housing supply | Provincial Government
The B.C. government has been recently trying new things to help — and sometimes push — local governments to approve more affordable housing more quickly. In one example this year, Vancouver Sun columnist Vaughn Palmer observed Housing Minister Davi…
A new development will rise that will redefine its meaning to live in the most desirable cities in the world
Inspired by European capital cities like Paris and London, Burrard Place provides a blueprint for the future of downtown living in Vancouver. Joining One Burrard Place and The Offices at Burrard Place, the 2 Burrard Place tower is the final piece in Burrard Pl…
Growth in condo market share across the Canadian real estate market in 2021
Canadian real estate market sees higher share of condos in 2021, in wake of rising detached housing values; affordability shifts demand for condominiums into high gear in 2021
Canadians hoping to enter the housing market to homeownership for qualified first-time buyers
It remains to be seen whether proposed tweaks can revive the much-maligned federal program On paper, it seemed a welcome break for Canadians hoping to enter the housing market: a federal incentive program aimed at reducing the monthly mortgage burden and easin…
Canada’s housing market fastest increase 7.7% in the 12 month through June
The last time Canada saw a similar surge in people owning multiple properties was in 2017, the data show. At that time, rapidly appreciating home prices in Toronto and Vancouver prompted authorities to crack down amid fears of a bubble.
Metro Vancouver vacancy rate for industrial space has been fluctuating between 1 and 2% for years
Vacancy in Vancouver's tight industrial property market dropped to an all-time low of 0.5 per cent while the average asking rent per square foot hit an all-time high of $15.50, according to Colliers. "What's new is that (vacancy) is below one per cent," said D…
Fifteen Fifteen at 1515 Alberni Street will be a distinctive 42-storey building of 202 homes, with 18 cantilevered units taking advantage of 270-degree views.
Bosa Properties' collaboration with internationally renowned architects like Gensler on Central Park House, Heatherwick on its upcoming project at 1700 Alberni Street and Ole Scheeren for the luxury tower Fifteen Fifteen – also on Alberni Street – …
Metro Vancouver construction completions ramained stable despite of curveballs the pandemic
Despite all of the curveballs the pandemic has thrown at the real estate industry, new home construction completions in Metro Vancouver have remained stable according to new insights from the Real Estate Board of Greater Vancouver.
A rental housing advocate connected evictions to homelessness
He said for the first time, researchers were able to look into nationally representative data collected from 65,377 Canadians in the 2018 Canadian Housing Survey.
Experience the luxurious and premier entertainment destination hotel in Vancouver
The property includes two hotels, a two-level casino, a large outdoor park, a full-service spa and a number of restaurants and bars. That in itself makes it a bit of a one-stop staycation location, but its proximity to both BC Place and Rogers Arena also make …
Vancouver Luxury realtor Layla Yang's successful realtor career even during pandemic
"A lot of haters came out. They're very jealous of me. They're hypocrites. They don't like it if you talk about money or sex or those kinds of things. They gave me a lot of bad comments on social media. But I don't care about it."
Broadway and Granville New 39 Story Drive with Skytrain Below
Opinion: Proposed 39-storey rental tower above South Granville subway station would be among Vancouver's tallest buildings. It will likely be both applauded and derided.
2.5-acre Chilliwack brownfield site zoned industrial sold for $5.4 million
"Being on the forefront of working on new greenfield and brownfield projects in the Lower Mainland, we see that there's very little industrial land remaining, and it's increasingly shrinking in both Metro Vancouver and the Fraser Valley," Gaglardi said.…
The giant project proposed in Senakw development in Vancouver
An illustration for the Senakw development, located beside the Burrard Bridge, includes what appears to be a road through an under-utilized portion of the park
Vancouver mansion located at 4868 Drummond Drive sold for the listing price of $39.9M
It also translates English acts into Mandarin. In 2018 it had an inaugural production at Gateway Theatre in Richmond. Last March Chen organized a charity concert titled "One World One Love - China and Canada" for Unicef Canada's COVID-19 response, and raised c…
Sales of a multi-family rental building notching $1.64 Billion through the first six months of 2021
First-half sales were 45% higher than the entire 2020 annual total and appear on pace to hit the third-highest annual sales volume ever recorded, according to Goodman. Starlight Developments announced an all-rental rezoning of Lougheed Village on the Burnaby-C…
1,967 new listing in Greater Vancouver lower than the 2,491 properties onboarded in July
"It's not about the sales but the number of listings and the lack thereof that are keeping the market at bay this summer," stated Skipworth in the monthly email update report. "By mid-month the number of active listings in Greater Vancouver plummeted to just o…
Tallest rental tower redevelopment in Vancouver to include a 100% 52-storey rental building
The hot multi-family rental sector has attracted the attention of some of the region's largest residential developers
0.068 acres mixed-use building sells for $4.57 Million located in Hasting Street,Vancouver
Located on West Hastings Street, the 3,000-square-foot building has commercial space below and two residential rentals above, one of which is unauthorized.
The beginning of the end of new monster homes in West Vancouver | Nora Gambioli
The idea is to encourage smaller homes and limit the visual impact of houses that don't fit in with the existing neighbourhood, while still preserving property owners' equity, according to staff.
Mortgage rates remain stable and are expected until late 2022
The Real Estate Board of Greater Vancouver reports that residential home sales in the region totalled 3,326 in July 2021, a 6.3% increase from the same month last year but decreased almost 12% from last month.
Residents insights regarding the increase of housing in B.C. in the next five years
A further 11 per cent are thinking of selling and moving somewhere else in B.C. and nine per cent are considering moving to another country to afford a better home or buy something less expensive, according to the poll. As for Metro Vancouver homeowners specif…
Vancouver apartment properties showed increase in annual sales despite the moderation
Combining all three property types — detached, attached and apartments — 4,377 homes were newly listed on MLS across Metro Vancouver in July. Inventory worsened as the number of new listings hitting the market dropped by 26.4 percent from July 2020…
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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