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Metro Vancouver housing market continue to trend well below historical averages in October
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a 45.5 per cent decrease from the 3,494 sales recorded in October 2021, and a 12.8 per cent increase from the 1,687 homes sold …
REBGV reports that October residential home sales were down to 45.5 percent
In total, 9,852 homes are for sale across Greater Vancouver, a 22.6 per cent increase compared to the end of October 2021 and a 1.2 per cent decrease from September 2022.
Three of the five largest industrial developments underway in the Metro region
The strata space is touted to allow businesses to acquire workspace and enjoy the benefits of real estate appreciation combined with a set monthly mortgage cost, rather than being exposed to rising lease rates.
Vancouver residents are spending less than 30% on shelter costs
Renters most likely to spend more than 30 per cent of income on shelter
Housing starts in Metro Vancouver decline 23% in the first half of 2022 compared in 2021
Condo starts, in comparison, have fallen 36 per cent so far in 2022 from a year earlier
6.56 acres manufactured home park in Sicamous sells for $3.35 Million
The park is on 6.56 acres and close to two lakes in the Okanagan, about a 4.5-hour drive from Vancouver.
4,176 square feet multi-family rental in North Vancouver sells for $2.56 Million
Small townhouse rental complex near central Lonsdale Avenue has development potential under OCP approval for higher density
Vancouver’s luxury real estate market seeing balanced conditions after an era of “pandemic over-exuberance”
After two years of 'over-exuberance,' the luxury market is seeing a slow down that represents a return back to normal
Vancouver elects first Chinese-Canadian mayor
Ken Sim, a novice politician, is the first Chinese-Canadian elected as mayor of Vancouver.
29 storeys propose for the site of the former Mountain Equipment Co-op flagship store at 130 West Broadway in Vancouver
Two rental towers proposed for site of former MEC flagship store
Cost of owning a home in Vancouver, now sits at a staggering 90% of the city’s median income | RBC
Tucked between snow-capped mountains and the sparkling Pacific, with a mild climate and thriving cultural scene, Vancouver is a perennial contender for North America's best place to live. It's also the least affordable.
California city’s commercial real estate as 24M sqft of office space has gone vacant since pandemic began
Core office towers are going dark from Manhattan to San Francisco as employees prefer working from home – but Vancouver has so far dodged the downturn
Metro Vancouver apartment building sales activity to see what past trends could tell us about the future
Study covering 35 years of Metro Vancouver's multi-family rentals shows government intervention the constant in every market slump
1.23 acres land assembly in Vancouver sells for $23.8 Million
The 53,664-square-foot land assembly along Grandview Highway and Nanaimo Street near Trout Lake will host a townhouse development
Metro Vancouver homes sales drop 50% compared last earlier
With more than 15,700 homes listed for sale in a slowing market, prices may face further downward pressure
New office building sells for $123M Located in 220 Prior Street, Vancouver
New building is in False Creek Flats and will complete in 2024 adjacent to the new St. Paul's Hospital, which is now under development.
19,034 sq.ft. development land in Nanaimo sells for $1.69 Million
The land in Vancouver Island city 's south end is seen as a prime for residential development.
Metro Vancouver commercial real estate sales drop by 2% in Q2
Cap rates set to rise as values reset following interest rate hikes
Canada’s real estate market sees dramatic fluctuations from all-time price highs in early 2022
Across Canada, the real estate market has seen dramatic fluctuations from all-time price highs in early 2022 in the Greater Toronto and Vancouver areas to significant price drops due to the 300 basis point interest rate hikes by the Bank of Canada.…
Metro Vancouver office vacancies fall 7.8% during the period, down from 8.4% a year earlier
Flexible leases in demand as economic outlook calls for caution
B.C. builds far fewer rental units per capita of all municipalities in Metro Vancouver
Website lets voters compare need against completed units in their municipality
Realtors believe in helping Metro Vancouverites make informed, home buying and selling decisions | REBGV
You can now find historical home sale prices on REALTOR.ca for homes actively listed for sale in Metro Vancouver.
2 units of strata commercial in Vancouver sells in $3.34 Million
Two showpiece retail/office strata sites at Koret Lofts, East Cordova Street, Vancouver total 2,807 square feet.
Residential property sales in Metro Vancouver
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,870 in August 2022, a 40.7 per cent decrease from the 3,152 sales recorded in August 2021, and a 0.9 per cent decrease from the 1,887 homes sold in …
B.C. Supreme Court quashes Vancouver bylaws that limit rent increases between single-occupancy housing tenancies
"It's definitely worth the fight," Vancouver Mayor Kennedy Stewart said. "I can't imagine losing 3,000, 3,500 low-income units in the city."
$15M estimate for the Squamish Nation to build a transit hub on the Burrard Bridge
Vancouver servicing agreement signed in May and recently released details plan for 11-tower, 6,000-unit rental project in Kitsilano
A $500M mixed-use development represents the tallest residential tower in Vancouver
Exclusive soirée marks completion of $500 million project as tallest residential tower in the city.
4,026 square feet industrial lot in Vancouver sells for $2.46 million
Currently improved with a fully leased residential triplex, Graveley Street lot of less than a 10th of an acre has potential for 3FSR of industrial density.
4,026-square-foot industrial lot sells for $2.46M located in 1321 Graveley Street, Vancouver
Currently improved with a fully leased residential triplex, Graveley Street lot of less than a 10th of an acre has potential for 3FSR of industrial density.
Metro Vancouver markets saw home price declines in Q3
High-priced Vancouver's West Side and West Vancouver also out-perform three-quarters of Metro markets
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.