News & Blog
1744 Vancouver real estate articles · all BC
Buying or selling? Search active MLS® listings in your area
All BC
Metro VancouverVancouverBurnabySurreyRichmondTri-CitiesNorth ShoreFraser ValleyVictoriaOkanagan
Less traffic more business ventures
The provincial Transportation Investment Corporation gave an update June 16 with a technical briefing on plans to build the new Broadway subway extension, which it has slated for operation in 2025. The new Broadway subway will be built mostly underground using…
Sell out of Coquitlam office in a week due to market demand
Bosa Development sold out 15 floors of its 30-storey Waterfront Centre office tower in downtown Vancouver as strata in 2017 at $2,000 per square foot, but current office strata is mostly seen in conversion of older office buildings, much of it Burnaby.…
.49 acres hotel sells for $61.95 Million located at 427 East Hastings Street, Vancouver
East Hastings Street hotel in Vancouver eyed for repurposing and potential development for social housing
Vancouver retained as the highest rent status in Canada during pandemic
" After a year of rental rate declines because of COVID-19-related lockdowns, the Canadian rental market is starting to recover. The average monthly rental rate experienced its first month-over-month increase since October of last year," the report stated.…
Retail assets saw continued strong performance in Q1 2021 with 79 percent increase compared to Q1 2020 amidst pandemic
"The first quarter of 2021 represents the final opportunity for comparison against a pre–pandemic market, and the numbers indicate the Metro Vancouver market to be healthy, active and back to pre–pandemic levels," Altus noted.
2 largest shopping centre in Victoria bought by immigrants from China
"Because this community has accepted me with open arms, I am committed to continuing to work with local leaders to build the communities that we have invested in so that, together, we can make them the very best places that they can be."
The increase demand of purpose built rentals in Vancouver City
"Over 50 per cent of residents in the City of Vancouver are renters," said McCauley. "This is not new. The reality is that rental is in high demand and will continue to be in high demand as our population grows. As housing becomes less and less affordable, peo…
64-unit residential development the 5th installment in Pennyfarthing’s Cambie Corridor
"Our people became aware of it, and we thought, this is a great system," says Anthony Hepworth, president and CEO of Pennyfarthing, which has built some 4,000 homes in the last 40 years, about 85 per cent of them in Greater Vancouver.
2.79-acre site sells for $44 Million located at West 1st Ave., North Vancouver, B.C.
Deal includes four buildings totalling more than 110,000 square feet on a 2.79-acre site on West 1st Avenue and is considered the largest North Shore industrial sale this year to date.
2.79 acres sold for $44 Million located in North Vancouver City
"This property features exceptional street exposure and is in proximity to several amenities including Capilano Mall, North Shore Auto Mall, and the newly-announced North Harbour development by Concert Properties," Thomas noted.
North and West Vancouver sales listing shot up and pent-up demand between January and April
Realtors were as surprised as anyone else by the bullish turn in the real estate market.
BC Hydro Plant pulling private sector for new opportunities
"I've already been in contact with a number of companies that have expressed interest in the opportunity to expand their operations onto a site like Burrard thermal, and I know that some companies have already been in discussions with BC Hydro," Glumac said. "…
Multi-family investors find capitalization rates three to four times higher than in Metro Vancouver
Multi-family investors find capitalization rates as high as 10 per cent in Northern B.C. towns, but such rates also reflect risk in the boom-and-bust region
Amazon plans to build distribution center in Metro Vancouver
The retailer opened a 200-employee delivery station in Langley Township in mid-February. The other sites are slated to open later in 2021.
Strata office sells for $3.4 Million located at East Hastings Street, Vancouver
The 5,185-square-foot strata office in Vancouver, with a 10-year lease in place, sold for $3.4 million at a 4.29 per cent capitalization rate.
Metro Vancouver has lowest industrial vacancy rate 0.7% in Q1 of 2021, and highest industrial lease in Canada
Rising lease rates, Canada's lowest vacancy rate and potential appreciation make strata industrial a hot commodity in Metro Vancouver
False Creek located at Vancouver seawall worth $ 1.7 Million
It's one of Vancouver's most picturesque neighbourhoods, offers easy access to everyday amenities, and is home to many of the city's signature events like the International Dragon Boat Festival, Carnaval del Sol and Food Truck Fest.
Multi-family heritage property sells for $2.1 Million located at Cambie Street,Vancouver
On Cambie Street where Vancouver's Gastown and Crosstown merge, the three-storey heritage property includes retail with SRO rentals above.
Home sales fell nearly 40 percent annually and 56 percent on a monthly basis in April
"Our housing market has changed considerably from one year ago when COVID-19 concerns brought activity to a near standstill," said REBGV Economist Keith Stewart.
55-storey tower will be one of Vancouver’s tallest building located at Granville Bridge
The project would be taller than the 495-foot (151 metre) Vancouver House and would add a total of 455 homes to the neighbourhood, including 303 condominiums and 152 social housing units.
Metro Vancouver developers throwing a wide net to meet intense demand has driven industrial lease rates
Prices for brown site industrial lands, being bought for speculative development, have reached incredible levels.
143-unit ERA low-rise strata project in Maple Ridge sold out in hours - Metro Vancouver
On a single day – April 25 - the last 10 of 30 townhouses sold at an average price of $720,000. All 112 condo units in the low-rise development in downtown Maple Ridge sold in the $500,000 to $600,000 range.
Legal action taken as owner in doubt that her property sold below market value
Still, an offer came in six days after the listing went up. Someone said they'd pay $1.9 million, subject-free, for the property. But before Macdonald could ask his client what she thought, the offer was withdrawn.
0.07 acres retail sites sells for $1.3 million located at East Hastings Vancouver
Single-tenant building in Vancouver's Downtown East Side – Strathcona neighbourhood sold for $450,000 below the asking price.
0.21 acres multi- family rental sells for $10.8 million located at North Vancouver, B.C.
The central Lonsdale luxury apartment building was rebuilt from the studs with a complete retrofit, including the addition of two floors.
Calgary, worlds most affordable city to invest a home - U.K mortgage firm study
"This makes Calgary the city in the world that has seen the largest increase in the amount of square feet affordable to the average local."
Multi-family rental building sells for $10.07 Million located at Cornwall Avenue, Vancouver
The 20-unit, 67-year-old multi-family rental on 11,800-square-foot site on Cornwall Avenue, Vancouver, sold for just over $10 million.
Multi-family rental building sells for $8.37 Million located at Pendrell Street,Vancouver
Pendrell Street multi-family rental building, built in 1959, sold for $398,000 per suite at a capitalization rate of 2.4 per cent.
Real estate market is extremely hot starting the Q1 2021
"The market is quite unbelievable right now, and what I find truly interesting is that it's not just the Greater Toronto and Greater Vancouver markets – it's pretty much across the entire country," he said.
Vancouver condo sales increase 52.2 % month-to-month from January 2021
TheStraightreports that condo sales in Downtown Vancouver fell to 29 units in April 2020, when the global pandemic tanked the local condo market. At that time, the median price of a condo hit its lowest point at $680,000. Sales slowly recovered throughout 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
Pages
About
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
The listing data is provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver.
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.