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Vancouver's empty homes tax is working – city officials
Observers have noted that policies aimed at compelling condo investors in the city to rent out their residences appear to be effective so far.
Supply down, sales up in Metro Vancouver
Home sales in Metro Vancouver hit 1,571 in January. While this represents a 42.4% jump from the sales recorded in January 2019, the total number of sales dropped by 22.1% from December.
Rezonings, capped rents stymie Metro Vancouver development
One thing was clear at the January 23 Urban Development Institute's (UDI) annual forecast luncheon: local developers are not happy with government. The mood was sour, the anger was palpable, and it's all government's fault.
Vancouver's new Plaza of Nations to include towers, Canucks rink, music venue
Canadian Metropolitan Properties redevelopment on North East False Creek site, including terraced buildings up to 30 storeys, will be completed in three phases
Vancouver home sales start 2020 strong but below average
Data from the Real Estate Board of Greater Vancouver shows a 42.4% increase in sales year-over-year with 1,571 homes sold. This is also up 22.1% from December.
Metro Vancouver’s residential real estate prices continue to creep up
The Metro Vancouver residential real estate market has had a fairly strong start to the year, relative to the poor performance of one year previously, the Real Estate Board of Greater Vancouver reported February 4.
First-time home buyer incentive ‘a flop’ with minimal take-up
The federal First Time Buyer Incentive (FTHBI), introduced in September 2019, has so far been used by only 29 buyers in Metro Vancouver and fewer than 3,000 first buyers across Canada.
Clock ticking for Vancouver homeowners to file EHT declaration
Owners have until February 4 to tell the City or face a $250 fine – or dispute the ticket - before they can file late.
SRO buildings continue to sell as Vancouver aims to discourage speculation
The assessed value of all single-room occupancy hotel buildings in Vancouver increased by a striking 84 per cent during the last five years. And even though values dipped slightly last year, there has been a string of sales in recent months, with some trading …
Vancouver green-lights moderate income rental homes
The homes will be for individuals, couples, and families. The council approved one project at 1956-1990 Stainsbury Avenue earlier this month and on Wednesday gave the go-ahead for two further projects, at 3600 and 3680 East Hastings Street.…
One more blow to cash flow in Vancouver
Investors with their sights set on Vancouver's recently resurgent market will need to factor a significantly heavier tax burden into their revenue calculations.
Coronavirus outbreak means fewer Vancouver new condo sales this winter: realtor
With Chinese nationals still making up a considerable proportion of Vancouver real estate buyers, there's little doubt that the coronavirus will impact market activity in the first few months of 2020 and potentially beyond
Metro Vancouver residential land market shows signs of life
Year-end housing data from Canada Mortgage and Housing Corp. (CMHC) earlier this month pointed to record housing starts of 28,141 units for Metro Vancouver in 2019. This was up 20 per cent from a year earlier.
Vancouver aims to protect and expand co-ops on city-owned land
Kennedy Stewart is asking for feedback on the best way to renew leases to ensure stability for residents and optimize the provision of affordable housing in the city.
Shopify takes 70,000 sq ft office, will hire 1000 in Vancouver
Shopify has made a major commitment to Vancouver with a new permanent office due to open later this year.
Vancouver amongst world's most expensive markets
Vancouver came in second to Hong Kong, which retained its position as the least affordable housing market across the globe.
BCREA report forecasts increased sales, prices for 2020
In its first quarter forecast, the British Columbia Real Estate Association projects moderate growth for the provincial housing market in 2020. Led by returns to average levels of activity for Greater Vancouver and the Fraser Valley, sales in BC are expected t…
Significant price declines observable among Vancouver detached homes
According to the Real Estate Board of Greater Vancouver, the market saw a 72.1% annual increase in detached real estate sales in December, for a total of 599 transactions. However, this was 27.39% lower on a monthly basis, and 2.76% below Vancouver's 5-year me…
Vancouver eyes better amenities without impacting housing costs
The City of Vancouver wants to ensure greater and efficacy of a key development contribution policy without adding burden to housing costs and taxpayers.
Developers paint bleak picture of Metro Vancouver’s future under status quo
Metro Vancouver is at a crucial fork in the road — does it become a global city, embracing change and growth, or does it continue down its current path and become a "museum city"?
How Long Would It Take to Save for the Home Buyers’ Plan Across Canada?
The maximum Home Buyers' Plan (HBP) withdrawal limit of $35,000 is just 3.5% of a benchmark home in Vancouver and 4.3% in Toronto. Here's how many years it'd take the top 10%, 25%, and 50% of income earners across Canada to save $35,000.
Metro Vancouver’s apartment building sales drop despite tight rental market
"The low vacancy rate is a product of a high economy – nothing more, nothing less," he said last fall during a panel discussion at the University of British Columbia Centre for Urban Economics and Real Estate.
Vancouver 2 years in a row ranked world’s second least affordable housing market
The provincial government has made legislative changes in an effort to ease the inflated market with the introduction of the foreign buyers' tax and the empty homes tax.
Vancouver poised to get back on its feet
The housing market of Greater Vancouver is projected to witness a modest growth this year after a weak 2019, according to the latest forecast by Royal LePage.
Vancouver poised to get back on its feet
During the fourth quarter of the year, the region showed signs of improvement. The aggregate price of a home in Greater Vancouver decreased by 4.8%, improving from the 5.2% drop recorded during the preceding quarter.
Toronto and Vancouver lead Canada’s top-tier housing recovery
The usual suspects are at it again: Toronto and Vancouver led the country's high-end market in both home prices and sales activity, according to the latest report from Sotheby's International Realty Canada.
Metro Vancouver clocks record-high housing starts
Metro Vancouver managed to buck the national downtrend in housing starts, ending 2019 with a record-high growth, according to the latest figures from Canada Mortgage and Housing Corporation (CMHC).
Metro Vancouver rental market had a remarkable boom year
Over the last year, property values in the city fell by as much as 15% in several cases. Meanwhile, the market's rental segment is expected to have a vacancy rate of 1.1% by the end of 2019, per the CMHC's last prediction in October (up by 1% from 2018).…
Which Canadian cities are people moving to right now?
U-Haul's migration trends report for 2019 shows that North Vancouver, BC, is the No.1 U-Haul Canadian Growth City, posting the largest net gain of one-way U-Haul trucks entering the city versus leaving it during the past calendar year.
Metro Vancouver commercial real estate's 10-year bull run faces rare red flags
Even with total commercial and industrial sales down 45 per cent through the first three quarters of last year and dollar volume off 43 per cent, to $6.92 billion, compared to a year earlier, confidence remains unshaken.
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.