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RBC Economics: condo prices stagnated over the past six months
Hogue also stated that "rent is now declining in Toronto, Montreal and Vancouver, especially in higher density, downtown locations".
Covid-19 disrupt Vancouver condo owners
"COVID-19 has severely disrupted the flow of immigrants moving to Canada — a major source of housing demand," senior economist Robert Hogue stated in his October 29 report.
Popolo: 81 European-inspired in the heart of Vancouver’s most accessible transit hub
Popolo is comprised of 81 European-inspired, one-two and three-bedroom homes, ranging from 450 to 1,135 square feet of distinctive design. Each airy, open floor plan features eight' ceilings (10'8" Penthouse), wide plank premium vinyl flooring, and large windo…
Voyce a Luxury contemporary 6 story building in Westside Vancouver
Forefield Development Group introduces Voyce - a contemporary, six-story concrete building offering a sophisticated collection of 81 homes, from junior one-bedrooms to three-bedroom apartments, ranging from 447 to 1,111 square feet of beautifully appointed liv…
3 Storey rental apartment sold for $4.8 million, South Granville
Up-graded three-storey rental apartment building a block from South Granville in Vancouver, and near planned station for SkyTrain extension, sold for $436,000 per door.
6,137 square feet Mixed-use development site sold for $6.6 million in Dunbar Street Vancouver
The retail/residential property on Dunbar Street, Vancouver, has development potential for a mid-rise project at 2.5FSR.
Mixed used building near Kitsilano transit hub, Vancouver
The proposed 11-storey, mixed-use residence is part of a joint development at 2106 West 8th Avenue, which was submitted under a separate permit application. If approved, the project would see a 79-unit building replace an existing gas station on the northwest …
First glimpse of Concord Pacific’s proposed redevelopment plans of the Molson Coors brewery in Vancouver
The developer intends to build a redevelopment with a total floor area of 1.8 million sq ft, including 300,000 sq ft of office space with high ceilings, ground-level retail, restaurant, and showroom spaces, and 3,000 homes within towers between 15 and 25 store…
City of Vancouver, the lowest tax rate for commercial property among major Canadian cities
The tax shift is measured by a commercial-to-residential ratio that compares the commercial tax rate to the residential tax rate. For example, if the ratio is 2.50, a commercial property valued at $1 million dollars would incur property taxes 2.5 times higher …
Vancouver housing market sales up nearly 54% in mid-October as recovery continues
The mid-month sales and new listings figures were published late last week by Dexter Realty Managing Broker Kevin Skipworth, who projected that over 3,000 homes are likely to be sold across the region by the end of the month if the current pace continues.…
43 storey curved residential tower is expected to be completed in 2021-22, Vancouver
The condo is one of 181 residential units in a 43-storey tower currently under construction.
First prime 40 storey luxury high rise tower in Burnaby
"Akimbo is the first super prime tower outside of downtown Vancouver and home buyers love it - they have made Akimbo the most successful tower launch since 2018," says Cam Good, President of Key Marketing. "It's a huge win, not just for IMANI, but for all of M…
Multi level retail/office sold for $31.2 million in Vancouver
Off-market deal involves multi-level retail/office building on West Hastings Street.
Immigration plunge affecting Vancouver’s rental market
Net immigration to British Columbia has gone negative, plunging 111 per cent in the first half of this year compared to the first six months of 2019, adding to concerns in the rental housing sector
Vancouver housing market is now shifted back into seller’s market territory
Now, after an anxiety-ridden spring and a remarkable summer bounce back, home sales have continued their high-flying performance in September while new home listings struggled to keep up.
Stunning architectural design of a 55-storey condo tower approves by Vancouver council
Pinnacle International project will be the fourth-highest building in the city and include 152 social-housing units and 303 condominiums
COV: plan to reduce the value of mixed-used commercial properties
City of Vancouver council has recommended a policy change that the city admits would reduce the value of hundreds of mixed-use commercial properties by up to 30 per cent.
Vancouver homes sales remain strong despite of pandemic
In its latest report, the Real Estate Board of Greater Vancouver said that 3,643 residential units were sold in its jurisdiction last month. This represented 19.6% growth from the 3,047 homes sold in August, and a massive 56.2% increase from the 2,333 transact…
Vancouver’s housing market soaring high in September sales
The Real Estate Board of Greater Vancouver (REBGV), which released the data on Friday, said that low interest rates and changing housing needs during the pandemic are the primary drivers of the increase in activity. Notably absent from REBGV's commentary on wh…
Sublease bulge expected office vacancy rates increases
With a spike in sublease space shoved back onto the market in the third quarter, Vancouver's downtown office vacancy rate has risen to 4.7 per cent, up from 3.3 per cent in the preceding quarter, reports CBRE Ltd., but still tied with Toronto with the lowest d…
601 Beach - new 55 storey proposed ‘twisting’ tower with 303 condo units and 155 social housing units to be developed by Pinnacle”
Vancouver council will consider a proposal this week for the 55-storey skyscraper, which would be one of the city's taller buildings, intended to form a southern "gateway" to downtown along with Vancouver House's similarly twisting design just across the Granv…
Cybercriminals have weaponized AI, using it to hone in on subjects and deliver more polished phishing attempts, as well as generate automated malware that lowers the barrier of entry for bad actors.
The "threat map" that greets you at reception of cybersecurity firm Fortinet's Metro Vancouver hub is the easiest illustration for the layperson of cybercrime's explosive growth. High up on the wall, LED streaks arc from location to location across a world map…
Marriott suffered the worst market decline in 2020
This January, Marriott broke ground on a 172-room hotel next to the Vancouver Island Conference Centre in Nanaimo, B.C. At the pre-pandemic start of 2020, the combined value of stocks of the Washington, D.C.-based corporation stood at $49.51 billion (all figur…
Pandemic increases industrial properties interest
"Our purchaser actually saw the for-sale sign being installed, and immediately called us," said Nick Goulet of Macdonald Commercial in Vancouver, the buyer agent with partner Stuart Wright. Goulet said they originally thought the near-$10 million asking price …
Multi-family real estate in Canada are exceptionally strong
The same factors are contributing to an overall softening in rents, which has made for some tasty headline fodder in Toronto and Vancouver. But McTait feels rents, like housing prices, could see significant growth once the economy levels out, immigration retur…
Renters are facing the threat of eviction during Pandemic
Tenants in East Vancouver are being pushed out to make way for a residential project, but the developer is allegedly saddled with hundreds of millions in unpaid loans.
Mayor Kennedy Steward viable plan for affordable homes in Vancouver
The house would look like any other house, except it might have four front doors. Three for families that make around $150,000 a year (like two teachers, or an accountant and a tradesperson). And one door reserved for middle-income earners – forever," re…
200 rental apartments with industrial and offices soon to rise at Main Street and East First Avenue
Vancouver's first real estate development considered a 'tri-mix,' combining residential apartments with offices and industrial space has launched in the False Creek Flats.
B.C Multi-family rental building insurance increase while raise rents is frozen
"Insurance companies are putting the hammer down," said Will Eddy, a client executive of Excel Insurance Brokers (Metro Vancouver) Inc. who explained Vancouver owners of older multi-family rental buildings are particularly at risk. "We are seeing increases of …
Homeless people in Vancouver are increasing
A City of Vancouver homeless count conducted over 24 hours in March found that 2,095 people were without a home. Mayor Kennedy Stewart now says the homeless population has grown since then, largely due to the pandemic, with the city thinning out it shelters fo…
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.