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Developer Beedie taking City of Vancouver to court over rejected Chinatown project
A Vancouver developer is taking the City of Vancouver to court over a controversial proposal to rezone a property to allow construction of a 12-storey building on Keefer Street.
Strata units dominating Metro Vancouver’s industrial development
Projects where space is sold – not leased – are dominating Metro Vancouver's industrial market for the first time as property transactions fall sharply from the record investment levels of 2018.
The Vancouver price madness has infected both purchases and rentals
A since-removed Craigslist ad for a "low-income" rental home in the City of Vancouver would have been available only for tenants who are earning more than twice the market's average household income.
MODE at 3438 Sawmill Crescent 257 homes in a 25 storey tower between Kerr Street and Boundary Road by Wesgroup
There's a reason Wesgroup Properties' new residential tower in Vancouver's River District is called MODE—the 25-storey building's 9,000 square feet of amenities will include a range of dedicated spaces for everything from work, movie screenings, yoga and…
Vacancy taxes prompt sale of luxury condos in Downtown Vancouver
High-end buildings are seeing a high volume of properties going up for sale
Commercial construction permits in BC surge
While residential market activity in Vancouver is markedly slower than in years past, the commercial sector is on fire.
No luxury-housing market in the world is performing worse than Vancouver’s
Vancouver's annual luxury home price decline of 13.6 percent in the second quarter planted it firmly in 46th place out of 46 markets, according to Knight Frank's Prime Global Cities Index.
Vancouver luxury market is weakest among global cities
Vancouver remains at the bottom of the table of 46 cities worldwide compiled using Knight Frank's global research network while Toronto ranks 13th.
Metro Vancouver sees 12th month without a residential price increase
The region was the only metro area in Canada to post an index decline in July, according to the latest Teranet-National Bank house price index
Office, industrial and retail sectors proving robust in Metro Vancouver
While Metro Vancouver's residential sector struggles, its commercial real estate market is holding firm, with vacancy rates extremely low, according to a monthly analysis by commercial market intelligence company CoStar Group .
Be wary of Vancouver market rebound
According to an economic outlook report from Central 1 Credit Union, the signs of recovery are there, however, its deputy chief economist still calls for tapered expectations.
The Canadian 'ghost towns' where vacant homes are rising
The analysis of government data on vacant residences shows that 1.34 million homes had no one living in them in 2016, with Toronto and Vancouver leading the high vacancy rates.
Canadian Real Estate Close to Sellers’ Market in July: CREA
Transactions rose for the fifth month in a row with a 12.6% year-over-year increase, and up 3.5% from June. The number of newly-listed homes brought to market stayed flat, however, down -0.4%. That's put upward pressure on the national average home price, whic…
‘CAVE people’ disrupt Metro Vancouver multi-family rentals
There is a new term bandied about now in Vancouver's long-suffering rental housing market as developers and landlords attempt to meet tenant demand in a city with the highest rents and the lowest vacancy rates in the country.
Housing Demand Improves in July
The British Columbia Real Estate Association (BCREA) reports that a total of 7,930 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July,
Residential sales across B.C. up 12.4% from last year: BCREA
There were 7,930 home sales in the province last month, which is 12.4 per cent higher than July 2018, recovering around half the annual transaction losses seen one year ago. Most of the provincial increase was driven by the spike in sales in Greater Vancouver …
CMHC designates Vancouver market ‘moderately vulnerable’
The reduction is largely due to a sales pace that's nowhere near as fervent as it had been before new mortgage rules were introduced in January 2018. Additionally, CMHC is not as worried anymore about price escalation in the city, reducing its concern from "mo…
Vancouver showing promising recovery signs
July sales figures released by the Real Estate Board of Greater Vancouver revealed a 23.5% year-over-year increase, as regional residential home sales totalled 2,557, trumping last year's 2,070. It also marked a 23.1% increase over the 2,077 home sales recorde…
Vancouver retail tenants face demolition clauses
Development pressure has driven Vancouver retail rents sky high and convinced some landlords to include demolition clauses so they can boot retailers out if a developer wants in.
Metro Vancouver office vacancy reaches lowest levels since 2007
As of mid-year 2019, the Metro Vancouver region's vacancy rate was 4.3%, while the downtown market's reading was 2%. The previous regional record low of 4.7% was reached way back at the end of 2007.
Monument 2485 Larch Street, 22 one, two, and three bedroom homes by Epta Development
The Greek community's long history in Vancouver's Kitsilano neighbourhood has a special connection for Epta Development Corporation, the developer behind the 22-unit Monument project on Larch Street.
Critics pan glass buildings as developer envisions world's tallest wooden tower in Vancouver
The International Energy Agency estimates that about 40 per cent of carbon dioxide emissions in the world is tied to buildings and the construction of buildings.
Metro Vancouver home sales bucked the usual July trend
The Real Estate Board of Greater Vancouver reported 2,557 residential sales, up 23.5% from a year earlier, and a 23.1% increase from the previous month.
Shift 5089 Quebec Street a six storey 43 condo building by Aragon Properties
The Shift development by Aragon Properties in Vancouver's Little Mountain neighbourhood offers prospective homebuyers an unusual opportunity in the new-condo market – to view and purchase completed units.
Metro Vancouver housing market no longer ‘vulnerable’ but Victoria still at risk: CMHC
CMHC's HMA examines urban real estate markets across Canada, assessing a combination of four key risk factors: overvaluation of house prices in comparison with levels that can be supported by economic fundamentals; overheating, when demand for homes in the reg…
Western Investor’s pick of waterfront bargains on western lakes and coasts
The average price of a Vancouver condominium apartment is now around $740,000 and a bungalow is about $1 million, but for much less than that a buyer can acquire a waterfront property on the B.C. coast or inland lakes and rivers.
Will B.C.'s commercial real estate prices follow residential decline?
Home prices have been in a sharp retreat in Metro Vancouver, Canada's second largest investment market, ever since the British Columbia government introduced a foreign buyer tax in mid-2016. The concern for some is that commercial property prices will be pulle…
Vancouver commits to green building with ambitious action plan
The "Greenest City 2020 Action Plan" will catapult a city with one of the cleanest building codes in North America to the summit and create an abundance of jobs in its green building sector.
Vancouver developers are pivoting from condos to rentals as deep freeze sets in
"Given the uncertainty in the Canadian housing market, inflated home prices, elevated levels of household debt, and mortgage stress tests, it seems more and more buyers are opting for the sidelines, choosing to rent instead
The Westerly in Nanoose Bay 39 one and two bedroom homes by Seacliff Properties
In terms of established master-planned communities, Vancouver Island's Fairwinds is more than a little noteworthy.
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 - 267
- 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.