News & Blog
1744 Vancouver real estate articles · all BC
Buying or selling? Search active MLS® listings in your area
All BC
Metro VancouverVancouverBurnabySurreyRichmondTri-CitiesNorth ShoreFraser ValleyVictoriaOkanagan
Greater Vancouver home sales up 162% compared to the same period in January 2023
After posting dismal numbers in January, early February data suggests sales are gaining strength and active listings are increasing
Metro Vancouver area drove rental demand in 2022 | CMHC
The rate for purpose-built rentals in the region fell below one per cent last year, while the average asking rent for vacant units is 43 per cent higher than occupied ones
Vancouver property owners can now start make their EHT property status declarations for the 2022 tax year
Properties declared or deemed vacant in the 2022 tax year will be taxed at a rate of three per cent of the property's 2022 assessed taxable value.
1.5 acres land assembly in Vancouver sells for $100 Million
The Vancouver General Hospital (VGH) and the University of B.C Hospital Foundation closed on this full city block property across from VGH in March 2022.
Metro Vancouver’s industrial vacancy rate ended 2022 unchanged at 0.2%, despite record volumes of new construction
No relief in sight as most space spoken for months ahead of completion
0.375 acres office building in Vancouver sells for $63 Million
Destined for higher-density redevelopment, the Robson Professional Building site in Vancouver sold for more than $12 million over
Vancouver Island sees 10% to 20% increase in property valuations, according to B.C. Assessment
'We've seen a strong road to recovery for industrial and commercial properties across the Vancouver Island region' says Jodie MacLennan, deputy assessor.
Vancouver’s Dec. home sales down 19.8% month-over-month | REBGV
In the final month of 2022, Vancouver suffered the effects of the winter market that have been seen widely across Canada – a cooldown in sales numbers. There were 1,295 sales in the Greater Vancouver area in December, down 19.8% month-over-month, accordi…
Metro Vancouver on track for strong but not record-breaking performance in 2022
Metro Vancouver deals slow but stabilizing interest rates offer hope
Despite the sharp drop in sales, benchmark prices remained stable in December | REBGV
Housing sales accounted for more than 100 per cent of new listings added in Greater Vancouver during December
Calgary’s multi-family rental market is firing on all cylinders coming into 2023
Average rents are hitting $2.57 per square foot, the highest recorded rent per square foot in the last five years, while per-door sale prices are about half that of Vancouver
10-storey medical office next to the under-construction new St. Paul’s Hospital in Vancouver’s False Creek Flats
New $2.1 billion hospital, office and industrial buildings anchor 450-acre site in East Vancouver
Close to 90% of Canadians will visit shopping malls in December | JLL Canada
Space constraints ensure Metro Vancouver mall resilience
November housing sales and price data continue downward spiral seen over the past seven months
November sale and price data remains dismal, but Metro Vancouver housing market could be ripe for buyers right now, analysts say
Vancouver’s the top market for investment in Western Canada
Multifamily, industrial lending poised to grow in 2023
0.165 acres retail in North Vancouver sells for $5.3 Million
The modern, prime two-storey package, on 0.16 acres in Edgemont Village, traded at $5.3 million in a deal closing November 30.
0.87 acres multi-family rental in Kitsilano sells for $35.25 Million
The updated, well maintained 56-year multi-family property is close to Vancouver's Kits Beach on a 0.87-acre lot.
Tech tenants are responsible for 81% of all subleases available on the market in downtown Vancouver
Some tech companies are taking a cue from their work-from-home staff and switching downtown costs for the savings and flexibility on the edge of town
3 retail units in Vancouver sells for $3.7 Million
The East Village parcel has three retail units, and the land offers development potential in an up-trending community.
David Eby's introduce two pieces of legislation to boost housing supply
On his first day in the B.C. legislature as premier, Eby's housing minister tabled the two bills.
B.C.’s propose housing supply act would come into effect through regulations in mid-2023
New scheme would turn all condos into rentals and subject the owners to provincial and Vancouver 'empty home' taxes if not rented
1.2-acre residential development site in East Vancouver sold in October for $23.8 Million
Even as B.C. home prices decline, Metro Vancouver and Vancouver Island developers appear willing to pay millions of dollars per acre for residential assemblies
B.C.'s residential real estate market, as sales slump, active listings plateau and average prices dip
The BC Real Estate Association's October report shows a 45.5 per cent decline in the number of sales, a 47.2 per cent drop in sales volume and a 3.1 per cent decline in average price compared to the same time last year.
Sales activity remains slow across the province and inventories appear to be plateauing | BCREA
The steepest sales decline occurred in Chilliwack (61%), followed by the Fraser Valley, where sales dipped 54%. Greater Vancouver saw residential sales drop by nearly 46%.
Owners of Vancouver-area homes with a median value of $3.7 million pay income taxes of just $15,800
Their research builds on peer-reviewed work by former Simon Fraser University prof. Josh Gordon, who found that home prices in Metro Vancouver began "decoupling" from local incomes between 2011 and 2016, in part due to increasing foreign ownership. Gordon's fi…
10 multi-family rental in Kerrisdale sells for $4.08 million
Apartment building in the heart of Vancouver's Kerrisdale sold unconditionally for $408,000 per suite at a 2.35 per cent capitalization rate.
Residential real estate values across B.C. have been falling since March 2022
These rates are adopted by commercial lenders so the monthly cost of servicing a mortgage goes up so buyers can afford less house. This also comes as potential buyers face other increased costs, like food and gasoline.
Metro Vancouver cap rates are rising for the first time in nearly a decade
"With flight-to-quality being the narrative for most office requirements, triple-A and A-class buildings appear to be outperforming the market and rental rates are holding steady," Kiselbach said.
Return to work levels for Vancouver overall remain above the country-wide average
We know some of the reasons why Vancouver has done so well: Vancouver benefits from a more favorable year round climate and a more robust outdoor economy and lifestyle than in other parts of Canada and so we were less affected by the impacts of COVID-19 than o…
24,209 sqft. office retail in Parksville sells for $4.5 million
The Vancouver Island office-retail complex includes two buildings, 10 tenants including Shopper's Drug Mart and professionals, and a 65-stall parking lot in downtown Parksville.
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
Pages
About
MLS®, REALTOR® and the associated logos are trademarks of The Canadian Real Estate Association
The listing data is provided under copyright by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver.
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.