Scenery, climate driving foreign investment in Vancouver real estate

Apr 15, 2014 - Home sales in the Greater Vancouver area have been healthy thus far this year, due in no small part to the city’s attractiveness to foreign investors and newcomers.    Full Article


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1

Weekend Read: Vancouver is world's second-most

Apr 09, 2014 - The top three cities in the world for long-term real estate investment, ranked in terms of resilience, are in ... Full Article

2

Home prices in Vancouver continue to trend upward

Apr 08, 2014 - Prices for all housing types are still on the rise in Vancouver, according to the Royal LePage House Price... Full Article

3

Aquilinis partner with First Nations for Burnaby land

Apr 11, 2014 - Two first nations that bought the Willingdon lands in Burnaby have brought a third party into the deal - the... Full Article



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Vancouver office lease rates drop to compete with lure of new towers

Apr 14, 2014 - Owners of existing prime office towers in downtown Vancouver and across the city are dropping rates to attract tenants who might otherwise be... Full Article

Metro Vancouver house prices see March gains as most of Canada falls flat

Apr 14, 2014 - While average home prices remained flat throughout most of Canada, Metro Vancouver saw a big year-over-year gain in the month of March, according... Full Article

Aquilinis partner with First Nations for Burnaby land development

Apr 11, 2014 - Two first nations that bought the Willingdon lands in Burnaby have brought a third party into the deal - the Aquilini Investment Group.... Full Article

Weekend Read: Vancouver is world's second-most “resilient” city for real estate: Grosvenor Group

Apr 09, 2014 - The top three cities in the world for long-term real estate investment, ranked in terms of resilience, are in Canada, and Vancouver takes the... Full Article

Home prices in Vancouver continue to trend upward

Apr 08, 2014 - Prices for all housing types are still on the rise in Vancouver, according to the Royal LePage House Price Survey released April 8.... Full Article

Building intentions dip in February: StatsCan

Apr 08, 2014 - The value of building permits issued in the Lower Mainland increased year-over-year in February, but were down compared with January, according to ... Full Article

City development strategy risks tax dollars: critics

Apr 08, 2014 - While concerns are raised over a government-owned entity competing against private developers, Surrey City Development Corp. continues to generate ... Full Article

Gastown development slowed by ‘hollow’ city incentives

Apr 08, 2014 - Downtown Eastside neighbourhood to get its first new office building in decades, 0but architects of area restoration say city has failed to... Full Article

Sales and prices edge higher for Metro Vancouver homes

Apr 02, 2014 - Sales and prices for Metro Vancouver homes edged higher in March, according to statistics released April 2 by the Real Estate Board of Greater... Full Article

Mature Chinese investors take “quantum” leap

Apr 02, 2014 - A "quantum leap" into foreign real estate by mainland Chinese investors is expected this year and three recent British Columbia sales show it may... Full Article

Century Group plans first new office building in Gastown in decades

Apr 01, 2014 - Century Group announced April 1 that it plans to construct the first redeveloped office building built in Gastown in decades.... Full Article

Commercial real estate report: Ka-ching! Cashing in on Metro Vancouver retail properties

Mar 25, 2014 - Vancouver's shopping malls among the most profitable in North America Full Article

Ray Harris becomes Real Estate Board of Greater Vancouver president

Mar 24, 2014 - Ray Harris officially took over from Sandra Wyant as president of the Real Estate Board of Greater Vancouver (REBGV) at the organization’s... Full Article

Tags: Real Estate

Vancouver’s housing market strongly dependent on Chinese economy: Conference Board of Canada

Mar 24, 2014 - An increase in growth in China’s gross domestic product (GDP) would have a positive impact on the housing market in Vancouver, argues a... Full Article

Vancouver landlords see potential in small town Saskatchewan

Mar 19, 2014 - Vancouver residential rental investors are eying a small town in Saskatchewan where potential rents are higher and housing prices are a fraction... Full Article

High-rise condo prices fall as suite sizes shrink

Mar 19, 2014 - Prices for new high-rise condos have fallen from the recent peak in spring 2011 as average suite sizes have shrunk, according to market research... Full Article

Vancouver first-time home buyers expect to pay 60% more than Canadian average

Mar 18, 2014 - High real estate prices in Vancouver are leading first-time home buyers to set budgets considerably higher than the Canadian average across the... Full Article

Sotheby’s projects healthy spring for Vancouver real estate

Mar 18, 2014 - Sotheby’s International Realty Canada (SIRC) expects both sales and prices to rise in the Vancouver real estate market this spring,... Full Article

B.C. to see biggest jump in housing resales in 2014: CREA

Mar 17, 2014 - British Columbia is forecast to have the biggest jump in housing resale activity in 2014 in Canada, according to the Canadian Real Estate... Full Article

Council approves $1.5 billion Oakridge redevelopment

Mar 14, 2014 - Vancouver city council voted March 14 to approve a $1.5 billion redevelopment of Oakridge Centre that would allow 14 towers that would range... Full Article

February home sales in up in Vancouver compared with one year ago

Mar 14, 2014 - Total home sales in Greater Vancouver grew by 57% in February compared with one year ago, according to the British Columbia Real Estate... Full Article

Oakridge opponents have their say at public hearing

Mar 12, 2014 - Residents say massive redevelopment a “done deal” at council Full Article

Vancouver house prices continue to climb, hit record high

Mar 12, 2014 - House prices in Vancouver hit another record high in February, according to the Teranet-National Bank Composite House Price Index released March... Full Article

Tags: Prices

How to purchase commercial property

Mar 10, 2014 - Work with a business advisor to mitigate risks Full Article

Industrial areas increasingly popular for breweries: Colliers

Mar 07, 2014 - A burgeoning number of craft breweries are flocking to industrial and semi-industrial areas as traditional manufacturers and distributors move out ... Full Article

Anthem Properties makes $200m acquisition

Mar 06, 2014 - Vancouver-based Anthem Properties Group has acquired Calgary-based United Communities for $200 million from former owner and CEO Don Douglas and... Full Article

Building intentions up in January

Mar 06, 2014 - Canada, British Columbia and Vancouver all saw the value of building permits increase in January, Statistics Canada announced March 6.... Full Article

Provincial cutbacks hurt office real estate market

Mar 05, 2014 - Cutbacks by the provincial government have driven Victoria’s office vacancies to record levels and are adding to the glut of space in... Full Article

B.C., federal government commit to five-year $300 million affordable housing deal

Mar 04, 2014 - Victoria and Ottawa will commit to investing an additional $300 million over five years as part of an extension to the Investment in Affordable... Full Article

Prices up slightly as home sales stabilize across Metro Vancouver and Fraser Valley

Mar 04, 2014 - Home sales in Metro Vancouver and the Fraser Valley continued to stabilize in February while prices rose slightly, according to statistics that... Full Article

Engineering report: Partnering with architects helps expand market reach for local engineering firms

Mar 04, 2014 - JKK merger with Dialog the latest example of architects and engineers working as integrated team and building market share Full Article

Surrey developer building blocks – and revenue

Mar 04, 2014 - Surrey City Development Corp. boss aims to keep churning out profits from land deals Full Article

Surrey tower rooftop could house event business

Feb 25, 2014 - While many high-rise developers are rediscovering roof space for amenities, gardens and even fountains, Century Group may be the first to consider ... Full Article

Vancouver extends building bylaw deadline

Feb 25, 2014 - Implementation of the City of Vancouver Building Bylaw – which will ban doorknobs and usher in some of the toughest energy requirements in... Full Article

Vancouver housing affordability sees slight improvement, remains poor: RBC

Feb 25, 2014 - The affordability of housing in the Vancouver area increased slightly in 2013’s fourth quarter but remains the worst of all of... Full Article

Immigrant investor scheme generated little cash

Feb 24, 2014 - Program’s cancellation will have no major impact on local housing market: analysts Full Article

Massive change envisioned for North Vancouver waterfront

Feb 20, 2014 - Ice rink, ferris wheel, water fountains and more listed in potential plan Full Article

New housing construction investment drops

Feb 20, 2014 - Investment in new housing construction fell in December, Statistics Canada announced February 20. Full Article

Developer wins approval for Point Roberts waterfront homes

Feb 19, 2014 - A U.S. developer is aiming to attract B.C. recreational buyers into Washington state by offering waterfront cottages at a fraction of the cost on... Full Article

Mount Washington ski resort up for sale

Feb 19, 2014 - The owners of Mount Washington Alpine Resort have quietly put Vancouver Island’s only commercial ski hill on the market.... Full Article

Vancouver developers to fund a third-world house for every condo bought

Feb 19, 2014 - High-end condominium buyers in Vancouver will soon have the opportunity to share in a new concept that delivers a house to a poverty-stricken... Full Article

New $97m Surrey city hall opens

Feb 17, 2014 - A new $97 million city hall for the City of Surrey opened February 17 at noon. Full Article

Immigrant investor program's demise won't hurt Metro Vancouver's soaring home sales: report

Feb 14, 2014 - Don't expect the elimination of the immigrant investor program in the latest federal budget to have much of an effect on...... Full Article

Tags: Real Estate

Cease-and-desist order issued to Vancouver-based mortgage broker Northstone

Feb 14, 2014 - B.C..'s Registrar of Mortgage Brokers has issued a cease-and-desist order against a Vancouver-based corporation over allegations of unregistered... Full Article

Tags: Mortgage

Federal axing of immigrant investor program to limit foreign real-estate ownership

Feb 12, 2014 - The death of Canada's controversial investor visa scheme will have an immediate effect on Vancouver's high-end housing market and could be the... Full Article

Vancouver house prices hit record high in January

Feb 12, 2014 - Vancouver house prices aren’t showing any signs of slowing down after hitting an all-time high in January, according to the... Full Article

Tags: Prices

New Westminster hoping to sell vacant office tower

Feb 12, 2014 - The City of New Westminster hopes to sell a vacant office tower it is building on spec in its downtown core. Full Article

Vancouver condo developer looks to Calgary for future

Feb 11, 2014 - Downtown Calgary is the next big play for multi-family residential developers, according to Cameron McNeill, president of Mac Marketing Solutions, ... Full Article

Government cuts bite into Victoria office market

Feb 11, 2014 - Downsizing by the provincial and federal governments and the closing of Microsoft’s development office has pushed Victoria’s office... Full Article

Spaceman inspires Fraser Valley real estate agents

Feb 11, 2014 - Chris Hadfield maps out ways to change habits, achieve goals for realtor conference attendees Full Article

Concrete rental tower in North Vancouver is first to sell in 23 years

Feb 07, 2014 - One of Canada's largest residential landlords plans to complete the first sale of a purpose-built, concrete rental tower in North Vancouver in 23... Full Article

Housing starts in B.C. expected to remain stable in 2014, 2015

Feb 06, 2014 - Canada Mortgage and Housing Corporation (CMHC) is forecasting B.C. will see 27,800 new homes built in 2014. Full Article

Landlord expects Pacific Centre retail expansion to be full by 2015 launch

Feb 05, 2014 - Pacific Centre's owner expects the downtown Vancouver mall's 44,000-square-foot retail expansion to be full when both it and a 230,000-square-foot ... Full Article

Condo owners urged to check strata fees

Feb 05, 2014 - A local real estate expert is warning condo owners to check their strata fees are sufficient, after a recent legislative change that allows strata ... Full Article

Car-for-condo down payment promo a hit for local developer

Feb 05, 2014 - A "car for condo" down payment promotion has proved a hit for a Vancouver developer in the short time since its launch.... Full Article

Metro Vancouver home sales jump 30.3% in January

Feb 04, 2014 - Metro Vancouver home sales stabilized in January, following a sluggish 2013, when sales were dramatically below the 10-year average, according to... Full Article

West Vancouver's economic salvation resides in real estate

Feb 04, 2014 - Municipality's mayor pushing to change the face of West Vancouver retail strip Full Article

Affordable housing a generational challenge for B.C.

Feb 04, 2014 - Anyone born in the 21st century should kiss goodbye any hope of buying a house in Vancouver. Full Article

Hearing set for Brentwood mall tower and Big Bend business centre

Feb 03, 2014 - Brentwood mall’s first tower and a business centre in the Big Bend shopping centre are heading for public hearing next month.... Full Article

Home overvaluation more pronounced in Vancouver: TD Economics

Feb 03, 2014 - Homes in Vancouver and Toronto are overvalued by 10% to 15%, compared with an average of 8% in other regions of Canada, a new TD Economics report... Full Article

Province to see escalating home sales: BCREA

Jan 30, 2014 - Residential sales in the province are set to grow over 2014, according to the British Columbia Real Estate Association's (BCREA) 2014 First... Full Article

City office development incentives questioned

Jan 28, 2014 - As Vancouver Mayor Gregor Robertson welcomed a new $200 million office tower start in downtown Vancouver last week, industry observers...... Full Article

Under-construction Tsawwassen Mills mega-mall hooks major retail anchor

Jan 28, 2014 - Outdoor retailer Bass Pro Shops will open a 145,000-square-foot outlet, joining Walmart and Rona as anchors, in the giant shopping centre complex... Full Article

Vancouver developer Hungerford revamps landmark Calgary site

Jan 28, 2014 - Vancouver-based Hungerford Properties plans to transform what was once Calgary’s largest manufacturing plant into a massive business park by ... Full Article

Construction starts on new luxury outlet mall at YVR

Jan 28, 2014 - Work is now underway on a new 35,000-square-metre luxury goods mall at Vancouver International Airport. Full Article

Developer Ryan Beedie shares leadership lessons

Jan 28, 2014 - 60-year-old development firm Beedie Group has expanded tenfold in past 20 years Full Article

Development density deal could save Hollywood Theatre

Jan 27, 2014 - Bonnis Properties, City of Vancouver, community groups and potential new owner in negotiations to open door to six-storey condominium development ... Full Article

Gastown development allows buyers to trade in cars for down payment

Jan 24, 2014 - A Gastown condominium project is creating a buzz for its novel marketing ploy of urging buyers to pay for at least part of their down payment by... Full Article

Credit Suisse breaks ground on $200 million tower despite no tenants

Jan 23, 2014 - Credit Suisse Real Estate Asset Management and SwissReal Group revealed their confidence in Vancouver's office market by launching construction of ... Full Article

Investment in new housing construction down: StatsCan

Jan 22, 2014 - Investment in the construction of new housing was down in November, according to Statistics Canada data released January 22.... Full Article

Harbour Centre food court and lower level get a new look

Jan 22, 2014 - The food court and lower level of downtown Vancouver’s popular Harbour Centre have had a multi-million dollar makeover.... Full Article

ALR to blame for Vancouver's unaffordable real estate: Demographia

Jan 21, 2014 - Vancouver real estate ranks as the second most expensive in nine countries in the developed world as a multiple of the average resident's income... Full Article

Realtor claims to be first in Canada to accept commissions in bitcoins

Jan 21, 2014 - Vancouver realtor Mayur Arora announced January 21 that he will start accepting commissions on property sales in bitcoins at his OneFlatFee.ca... Full Article

Vendor misconceptions limiting industrial real estate sales: Avison Young

Jan 21, 2014 - Industrial real estate sales in 2013 were dampened because of vendor misconceptions relating to potential land-use options, according to a January ... Full Article

Troubled Victoria developer League forced to liquidate properties

Jan 21, 2014 - Financially troubled Victoria developer League group of companies has started selling some of its properties under a six-month court-imposed... Full Article

Law firm becomes first tenant in Pacific Centre redevelopment

Jan 15, 2014 - Miller Thomson LLP plans to move into the redeveloped Pacific Centre at 725 Granville Street above the future Nordstrom department store.... Full Article

Real estate developer starts accepting bitcoin for deposits

Jan 15, 2014 - Abbotsford-based Quantum Properties has become the first B.C. real estate developer to accept bitcoin for deposits on homes.... Full Article

Questions swirl around Delta megamall construction

Jan 15, 2014 - The Tsawwassen First Nation has announced it will hold a "construction start event" ceremony on January 24 with developers Ivanhoe Cambridge and... Full Article

Non-profits increasingly pressed for space in Surrey

Jan 14, 2014 - City’s rapid growth putting squeeze on charities and other non-profit organizations Full Article

BC home sales bounced back in 2013: BCREA

Jan 13, 2014 - B.C. homes sales in 2013 bounced 7.8% compared with 2012, according to the BC Real Estate Association (BCREA).... Full Article

Vancouver luxury home sales surge in last half of 2013

Jan 09, 2014 - Confidence returned to Vancouver's luxury home market in 2013 with sales for homes priced more than $1 million surging in the last half of the... Full Article

Vancouver to see jump in house prices in 2014

Jan 09, 2014 - Home sellers in Vancouver will get a boost in 2014 as the city sees an above-average increase in home prices, according to a Royal LePage forecast ... Full Article

Boomtown realtors frustrated by lack of product

Jan 08, 2014 - Realtors in two northern British Columbia boomtowns are frustrated by a lack of product in the face of huge buyer demand.... Full Article

Landlords squeezed under rent cap

Jan 08, 2014 - In 2014, landlords in British Columbia can raise the rent by 2.2%. Full Article

Northern B.C. tenants had no heat in –40C cold

Jan 08, 2014 - Tom Durning of the Tenant Resource and Advisory Centre in Vancouver said he was shocked when he learned nearly two dozen residents of the Westmont ... Full Article

Metro Vancouver home sales and prices rise in December

Jan 03, 2014 - Sales and prices for all classes of Vancouver real estate were up in December compared with a year ago, according to Real Estate Board of Greater... Full Article

Property values stable for Vancouver, up 27% in Kitimat (Updated, 11:45 a.m.)

Jan 02, 2014 - Residential property values in the Vancouver Sea-to-Sky region are generally stable, according to 2014 assessments, while homeowners in Kitimat... Full Article

Growing gains and industrial development pains

Dec 24, 2013 - Surrey’s population wave making ripples in neighbouring municipalities Full Article

B.C.’s housing market to continue rebound in 2014: Central 1

Dec 18, 2013 - A modest recovery in British Columbia’s residential real estate market will continue over the next few years, according to the latest... Full Article




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