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Canada Post building redevelopment called ‘the post’ will be occupied by 5000 Amazon employees
With the launch of the much larger office by 2022, Amazon is expected to boost its employment in Vancouver from the current 1,000+ technical specialists to approximately 5,000 employees – an unprecedented opportunity for B.C.'s graduates and tech worker …
St. Paul’s Hospital Burrard Street site for sale
Shaf Hussain , a spokesman for Providence Health Care (PHC), said he believes the site went to market soon after the Feb. 15 announcement revealing that the new St. Paul's Hospital was officially moving forward. He said a "unique part of this project" is that …
Steps to Finding Exactly the Right Real Estate Agent
REW shares practical tips and savvy strategies to help buyers and sellers select the right agent from the nearly 70,000 working the greater Toronto and Vancouver markets.
Metro Vancouver’s March residential sales lowest in 33 years
Issuing its monthly market statistics April 2, the REBGV reported that there were just 1,727 home sales in March 2019, which is 31.4 per cent year over year decline, and 46.3 per cent below the 10-year average for the month. It's also the lowest number of Marc…
Legal Cannabis is Smoking Up Neighbourhoods in Toronto & Vancouver
So far, the fact cannabis is now legal Canada-wide has had little, if any impact, on Toronto and Vancouver 's residential real estate, but if it reduces crime rates, which is a possibility, it may eventually boost demand and value in certain neighbourhoods.…
High-rise commercial towers to be erected in Toronto, Vancouver
Leading developers Allied Properties REIT and Westbank have announced that the construction of the office towers – which are predicted to "reshape" these markets' downtown areas – will pave the way for greater tech industry presence in Canada's lar…
Chinese buyers will continue to hunger for Canadian property
The market-cooling effects of foreigner-targeted regulations taking root in Toronto and Vancouver for most of the year, the volume of Chinese inquiries in Montreal, Calgary, and Halifax has significantly escalated.
District of North Vancouver cancels another affordable housing project
Council voted behind closed doors in January to terminate a proposal from the non-profit Hollyburn Family Services Society for a 100-unit, all-below market rental building on a piece of district-owned land on Burr Plac
REBGV launches home listings site
The board has worked with Quebec firm Centris to create the modern listings portal with enhanced search and filtering capabilities. It allows users to create a profile for saving searches, which can be listed as a list, gallery, or on a map. It shows MLS listi…
Demand for commercial real estate declines in 2018
There were 2,266 commercial real estate sales in the Lower Mainland in 2018, a 13.6 per cent decrease from 2,624 sales in 2017, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBG…
2019 housing starts to decline in Toronto, Vancouver
According to an Altus Group report, Toronto and Vancouver are staring down another turbulent year in which housing starts will fall. Montreal, on the other hand, expects to keep riding high until at least next year—although affordability challenges and a…
Another American company enters Canadian real estate market
The real estate referral and lead generation management firm has begun operations in Toronto, Vancouver and Calgary to start, but already has plans for further expansion throughout the Great White North, including in Edmonton this week. Dubbed as "dating for r…
Investigation: Dozens of money transfer/exchange businesses operating out of Metro Vancouver condos, houses
The Money Service Business sector — which includes foreign exchange dealing, international money transfers and cashing or selling money orders and traveller's cheques — has been identified as being highly vulnerable to money laundering.…
Hunter is a two-tower residency in an emerging North Shore neighbourhood
The success of any new residential development is heavily dependent on location, and in the case of Hunter at Lynn Creek, the location is unique. Imagine a brand new village of gleaming residential towers rising directly above unspoiled streams and woodland, a…
Foreign ‘bottom feeders’ fuel West Vancouver recovery
Fuelled by a sudden spike in China-based buyers, the West Vancouver luxury housing market is bouncing off the bottom, according to China's largest real estate portal and West Vancouver agents.
Vancouver's high-rises enjoying sustained growth in value
According to new research by Altus Group, an acre slated for a high-density residential project in Vancouver can be valued up to as much as $40 million. This has propelled the city's per-buildable-square-foot cost for high-rise residential housing up to $325 t…
River District is Wesgroup’s master-planned community in Vancouver
Wesgroup is in the midst of developing River District, the largest master-planned community in Vancouver, that has 54 development parcels over approximately 130 acres. In total, the community expects about 15,000 residents will be spread across 7,000 units of …
Housing report offers new insights into B.C.'s non-resident home ownership
In the Vancouver census metropolitan area, about 8.3 per cent of condominiums were owned by only non-resident owners, while 2.9 per cent were owned by a mix of resident and non-resident owners.
Metro Vancouver residential land prices may have already peaked
Nosebleed dirt prices expected to ease as residential downturn, construction costs, politics and financing fears cool land speculation across the region
Real estate disruptor ranks Canadian cities for public transport
Redfin firm Walk Score's inaugural Transit Score rankings put Toronto, Vancouver, and Montreal at the top of the list of big cities with populations of 300,000+.
Vancouver homebuilders to delay new condo launches during normally-busy spring season as housing slump intensifies
By the end of March, MLA anticipates developers will have brought about 620 new pre-sale units to market in wood-frame, concrete and townhome developments across five developments in Greater Vancouver and the Fraser Valley, down sharply from 1,144 in February,…
27North at 3490 Mount Seymour Parkway North Vancouver 27 townhomes by Intergulf Development Group and Tatla Developments
Nestled along Northlands Golf Course, 27North delivers 27 contemporary homes across three storeys of modern architecture at the corner of Parkgate Avenue and Mount Seymour Parkway. Conceived and built in collaboration by Intergulf Development Group and Tatla D…
Vancouver prices, sales, and supply all decelerate
Single-detached properties experienced the greatest fall at 9.7%, reaching an average of $1,443,100. Condominium prices had a more modest 4% drop to $660,300, and townhomes by 3.3% to end up at $789,300.
Vancouver detached home sales just collapsed to their lowest level since 1990
Owners of detached homes have been refusing to lower prices despite market forces putting downward pressure on price expectations. "There are economic/housing studies which illustrate sales volumes peak two full years before prices start to fall, and Vancouver…
Chinese demand for Canadian housing is picking up speed again, but not in the usual hot spots
The subsequent measures are one reason Chinese buyers are turning away from Toronto and Vancouver to different Canadian markets, suggests Juwai CEO Carrie Law in a statement. "With steep foreign buyer taxes and high prices in Vancouver and Toronto, we have see…
Rough winter weather made home sales in Toronto and Vancouver go from bad to worse
"We would caution to jump to any conclusions too quickly in the middle of winter when the market is at its seasonal low point. Demand weakness can be easily exaggerated by blasts of bad weather. And February was particularly brutal across Canada this year," re…
Vancouver makes changes to empty homes tax
In addition to the changes that have been approved, City staff will be exploring a potential change to help owners who are unintentionally impacted by the Empty Homes Tax.
B.C. seniors with unrentable homes near Vancouver face huge speculation tax bills
Neil Belenkie, mayor of the remote village of Belcarra, and the property owners were at British Columbia's legislature Tuesday demanding relief from the tax, which applies to vacant homes in Metro Vancouver, the Fraser Valley, Kelowna, southern Vancouver Islan…
Vancouver-based developer opens sales after constructing condos
Aragon Developments builds its condomniums before opening sales to the public—a virtually unheard of way to market condos in a major Canadian market. Developers usually have to surpass 80% sales before they can secure financing to start building.…
Vancouver's homebuyers remain in the driving seat
February's data from the Real Estate Board of Greater Vancouver shows a 32.8% drop in sales year-over-year to 1,484, more than 42% below the 10-year average for the month. Sales were up 34.5% compared to January.
Building List Count by City
- Abbotsford - 447
- Agassiz - 28
- Burnaby - 55
- Burnaby East - 77
- Burnaby North - 366
- Burnaby South - 344
- 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.