Vancouver News & Blog

World's largest rent rises for Vancouver industrial

REP · 08 Aug 2018

These price increases are a result of continued dwindling industrial supply, doubling occupier demand and continued growth of Vancouver's population

Telus Garden Vancouver headquarters sold to undisclosed buyer

Western Investor · 07 Aug 2018

Telus' $750-million headquarters – completed in 2015 – has sold just three years later to an undisclosed buyer for an unreleased amount.

Toronto, Vancouver headed in different directions

Canadian Real Estate Wealth · 07 Aug 2018

Results from Toronto are a contrast to Metro Vancouver, where the real estate board said Thursday that home sales tumbled to their lowest level in 18 years.

Hunter at Lynn Creek 1401 Hunter Street North Vancouver 326 homes in two concrete towers of 27 and 16 storeys by Intergulf Development Group

The Vancouver Sun · 04 Aug 2018

Hunter at Lynn Creek sits on a 2.1-acre parcel and features two towers, one 27 storeys high and the other 16 storeys, joined at the base by a podium that will house the development's townhomes. Residents will be able to walk to a high street of shops and servi…

Metro Vancouver home sales hit 18-year low and 8 more facts about the city’s July housing market

other · 03 Aug 2018

Last month, 2,070 homes changed hands in the region — a 30 per cent drop from the 2,960 sales recorded in July 2017

Vancouver's recent price declines do not guarantee improved affordability

Canadian Real Estate Wealth · 03 Aug 2018

A recent shrinkage in home prices across Metro Vancouver will not help improve the prospects of more affordable housing for first-time buyers

Here's who Metro Vancouver residents blame for the housing crisis

REP · 03 Aug 2018

A survey from Insights West asked residents if there is a housing crisis, 90% say there is including 64% who 'strongly agree' with that opinion.

Selling assembly land is much more higher value than individual plot

other · 02 Aug 2018 · Special to Financial Post

When there is value in splitting a larger parcel into smaller units, it's called plattage. Plattage is common in low-density greenfield developments where owners of large swaths of land sell smaller chunks for new development. In built-up areas where large emp…

Vancouver to hike fees for developers, at the expense of housing affordability

other · 02 Aug 2018

The council's decision will be made next week, and, if approved, will take effect on September 30.

Metro Vancouver residential sales see coolest July in 18 years

Western Investor · 02 Aug 2018

July may have been scorching in terms of the weather, but the residential real estate market was decidedly cool, according to the latest report from the Real Estate Board of Greater Vancouver

Vancouver home sales hit 18-year low

Canadian Real Estate Wealth · 02 Aug 2018

The Greater Vancouver Real Estate Board says 2,070 properties changed hands in July, a 30 per cent plunge when compared with July of last year and about 29 per cent below the 10-year sales average for the month.

The Fifth Dimension Second Quarter 2018

other · 02 Aug 2018

A comprehensive analysis of the multifamily real estate market in Metropolitan Vancouver . Read Full Report

Vancouver seeks court-ordered repairs to heritage mansion damaged by suspicious fire

The Province · 02 Aug 2018

As the owners failed to bring the heritage building into compliance with the bylaw, the Vancouver Charter authorizes council to apply to the B.C. Supreme Court for an order "for compliance or restoration,"

City of Vancouver approves Jericho Lands planning policy

Western Investor · 30 Jul 2018

The Jericho Lands in Vancouver's West Point Grey neighbourhood will undergo a comprehensive planning and engagement program that will help guide future redevelopment of the site to create a new community that is sustainable, socially and culturally inclusive, …

Park West at Lions Gate 258 one, two and three bedroom condos in two concrete towers, 19 storeys and 23 storeys at 1633 Capilano Road North Vancouver by Keltic Development Ltd

The Vancouver Sun · 28 Jul 2018

Park West, with its two concrete towers containing 258 homes overlooking a pedestrian mall, is part of an ambitious plan by the District of North Vancouver to redevelop an older, largely commercial area around Capilano and Marine Drive in North Vancouver.…

Amendments to the Residential Tenancy Act have landlords worried

Canadian Real Estate Wealth · 27 Jul 2018

Vancouver's vacancy rate is staggeringly low while rents are jarringly high. Goodman takes particular aim at a moratorium the city imposed against tearing down old rental apartment buildings

Canadian housing market still "highly vulnerable" says CMHC

REP · 27 Jul 2018

The housing market's "early warning system" flags that Toronto, Vancouver, Victoria, and Hamilton, are the markets CMHC is most concerned about.

Canada's housing sector faces high degree of instability for eighth quarter: CMHC

REP · 26 Jul 2018

CMHC says it is seeing signs of moderate overheating in Vancouver although price growth has been slowing over the last two quarters

Metro Vancouver homebuyers face unintended consequences of mortgage stress testing rules

The Vancouver Sun · 21 Jul 2018

It is also affecting people hoping to use an existing mortgage when moving from one property to another.

Vancouver wage levels aggravating housing woes

Canadian Real Estate Wealth · 19 Jul 2018

Considering that home prices in Vancouver have triples since 2005, it is unsurprising that households will find it daunting to close the affordability gap

Pre-sale condo action cools

Business in Vancouver · 18 Jul 2018

Pre-sales of new condominiums across Greater Vancouver and the Fraser Valley dropped from 91% of offerings in January to 50% as of June

Belmont Residences 960 Division Avenue Langford 80 homes in a 5-storey building by Ledcor Property Development

The Vancouver Sun · 14 Jul 2018

At 79, Jean Maddocks has a pretty good idea what she wants. So when she saw the first phase of the Belmont Residences, a master-planned community in Vancouver Island's Langford, she knew she had found what she was looking for.

35-storey, mixed-tower in 1261 Hornby Street, Vancouver

Livabl · 11 Jul 2018 · Kenneth Chan

"This composition plays in elevation with the symmetry of the typical floor plan through the interlocking material logic of clear/silver glazing systems and the gray metal panel system.

30-year high housing starts could signal return to prosperous market

REP · 10 Jul 2018

Housing starts jumped 30 percent to an annualized 248,138 units, in Toronto. Vancouver recorded declines last month.

Vancouver housing sales drop as prices flatline

The Globe and Mail · 07 Jul 2018

There have been fewer home buyers recently but prices tend to be slow to react before declining, said real estate economist Tom Davidoff of the University of British Columbia's Sauder School of Business.

Real Estate market news - Significant slowdown in Vancouver and Toronto

other · 05 Jul 2018

680 NEWS senior business editor Mike Eppel with the day's top business headlines.

Pricey Vancouver market weakens with buyers on sidelines

Mortgage Broker News · 05 Jul 2018

The figures add to evidence Canada's hottest housing markets are cooling after price gains that topped 30% early last year

Detached homes entering buyers’ market in Vancouver

REP · 05 Jul 2018

Buyers are less active today. This is allowing the supply of homes for sale to accumulate to levels we haven't seen in the last few years

Vancouver real estate - Supply of homes for sale hits three-year high

The Province · 05 Jul 2018

he Real Estate Board of Greater Vancouver reports there was a 37.7 per cent decline from June 2017.

Housing affordability reaches crisis level in Vancouver, says RBC report

The Province · 04 Jul 2018

A cooling in the market may take pressure off prices but it's unlikely to ease affordability tensions