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Vancouver real estate has lowest April sales since 2001: CREA
May 16, 2013 - Residential property sales on the Multiple Listing Service in Greater Vancouver were 2,627 in April – a drop of 11.9% compared with the 2,347 sales recorded in March, according to Canadian Real Estate Association (CREA) data... Full Article
U.S. housing in recovery, Vancouver showing weakness: report
Luxury Island cottage development to launch sales
Sluggish sales delay London Drugs condo development
Vancouver sees increase in non-residential building construction prices: StatsCan
Partners REIT acquires two Montreal retail centres for $46m
Most Popular Real Estate and Development News »
1
Sluggish sales delay London Drugs condo development
May 14, 2013 - London Drugs Ltd. is delaying development of the Alba – a four-storey, 108-unit residential development ... Full Article
2
U.S. housing in recovery, Vancouver showing weakness:
May 15, 2013 - A continued rebound in multiple U.S. housing markets as predicted, while Canadian housing markets are likely... Full Article
3
Vancouver real estate has lowest April sales since
May 16, 2013 - Residential property sales on the Multiple Listing Service in Greater Vancouver were 2,627 in April – a ... Full Article
All Real Estate and Development
Vancouver commercial real estate returns lag Canadian cities
May 16, 2013 -
Commercial real estate has been a great investment during the past year, with returns in the 13.1% range – far outpacing stocks (5.9%),...
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U.S. housing in recovery, Vancouver showing weakness: report
May 15, 2013 -
A continued rebound in multiple U.S. housing markets as predicted, while Canadian housing markets are likely to endure a "potential lengthy period ...
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Luxury Island cottage development to launch sales
May 15, 2013 -
Sales of 95 luxury waterfront cottages are set to launch in June, the developer told Business in Vancouver May 14....
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Sluggish sales delay London Drugs condo development
May 14, 2013 -
London Drugs Ltd. is delaying development of the Alba – a four-storey, 108-unit residential development at 2642 East Hastings Street – ...
Full Article
Vancouver sees increase in non-residential building construction prices: StatsCan
May 14, 2013 -
The composite price index for non-residential building construction in Vancouver increased by 0.1% in 2013’s first quarter, according to...
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Partners REIT acquires two Montreal retail centres for $46m
May 14, 2013 -
Victoria-based Partners REIT (TSX:PAR.UN) announced May 13 that it spent $45.9 million to acquire two retail centres in metropolitan Montreal....
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Britco and Lax Kw’alaams Band partner on modular building business
May 08, 2013 -
Modular construction company Britco and the Lax Kw’alaams Band are partnering to develop a rental business in Northwest B.C....
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Building permit values dropped 11% in March
May 07, 2013 -
Construction in the Lower Mainland region continued a downward trend, with building permit values dropping by 11% in March compared with February, ...
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Real-estate board lobbies for lower property transfer tax
May 07, 2013 -
Government raises $600 million annually and has benefited from higher residential real-estate prices
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Groups vie for art gallery space
May 07, 2013 -
Organizations lobby for public support in bids to nab VAG's iconic Robson Square space
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Metro Vancouver home sales continue to plummet
May 03, 2013 -
Metro Vancouver home sales fell 6.1% in April to the lowest total sales for the month since 2001, the Real Estate Board of Greater Vancouver...
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Real-estate marketer sues for alleged unpaid bonus
May 03, 2013 -
Real-estate marketer Pilothouse Real Estate Inc. is suing project manager Tridecca Developments Ltd. for failing to pay Pilothouse a $125,000...
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British Columbians feel Property Transfer Tax unfair: poll
May 02, 2013 -
Most British Columbians believe that B.C.'s property transfer tax (PTT) places an unfair tax burden on homebuyers, according to an Ipsos Reid poll ...
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First Nations leveraging land for band business opportunities
Apr 30, 2013 -
Capitalizing on its premium location, Tzeachten has created a respectable real estate empire
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Demand for luxury homes down 29% in Vancouver: RE/MAX
Apr 30, 2013 -
Sales of luxury homes in Vancouver were down 29% in 2013’s first quarter compared with the same period in 2012, according to a RE/MAX report ...
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Developers set to invest $500 million to transform PoCo’s Fremont district into planned community
Apr 30, 2013 -
New retail, residential and industrial to be combined with recreational amenities
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Kevin Falcon joins Anthem Properties
Apr 26, 2013 -
Former B.C. finance minister and deputy premier Kevin Falcon has found a job with real-estate developer Anthem Properties, the company announced...
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Home ownership is a hurdle for Generation Y
Apr 23, 2013 -
Generation Y faces many more barriers to home ownership than their baby-boomer parents did, according to a TD Canada Trust report released today....
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Development deluge to remake face of North Shore
Apr 23, 2013 -
New forms of housing, increased density to diversify single-family focused areas
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Depressed hotel real estate market pushes owners to diversify holdings
Apr 23, 2013 -
Business case for developing hotels in Vancouver viable only if residential units are included
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Investment in non-residential construction hits record high in Metro Vancouver
Apr 19, 2013 -
Investment in non-residential construction in Metro Vancouver has continued its upward trend for the fifth consecutive quarter, hitting a record...
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Vancouver has Canada’s priciest office space
Apr 18, 2013 -
Vancouver’s central business district has Canada’s most expensive office space and the 29th most expensive office space worldwide,...
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Luxury home criteria vary widely across Canada: Sotheby’s
Apr 18, 2013 -
The definition of "luxury home" varies widely across the country, according to a Sotheby’s International Realty Canada report released this...
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Pricey multi-family buildings endure ultra-low capitalization rates
Apr 18, 2013 -
Multi-family residential property prices in B.C. strengthened in 2012 as rental returns for owners reached 20-year lows, according to Avison...
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Canada’s smallest condos go on sale in Surrey April 20
Apr 17, 2013 -
Surrey development company Tien Sher plans to start selling Canada’s smallest condos – starting at just 297 square feet – to the ...
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Smoking can damage house prices: Pfizer study
Apr 17, 2013 -
Homeowners who smoke may be paying more for their fix than they realize.
Full Article
Sky-high property costs stalling much-needed densification of Metro Vancouver’s industrial lands
Apr 16, 2013 -
But brokers say intensifying development is helping alleviate limited supply problem
Full Article
REIT executives eye acquisitions in high-growth areas
Apr 16, 2013 -
CIBC World Markets predicts 2013 will be fifth year in a row that real estate investment trust returns surpass TSX composite average
Full Article
Vancouver home sales up in March: CREA
Apr 15, 2013 -
Home sales in Vancouver were up in March compared with February, according to Canadian Real Estate Association (CREA) data released this morning....
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New survey could save rental property owners money
Apr 12, 2013 -
The developer of a new data collection tool says it could help rental property owners ensure their buildings are as profitable as the one next...
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Multi-family housing starts down in March, detached homes up
Apr 09, 2013 -
Construction of multi-family housing was down in March in the greater Vancouver area, but housing starts for single-family detached homes were up, ...
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Anti-gentrification protests fail to dampen Downtown Eastside investment initiatives
Apr 09, 2013 -
Land sales, new projects hint at ongoing renewal of heritage and derelict properties
Full Article
Property buyers at Revelstoke Mountain Resort sue to rescind purchase
Apr 05, 2013 -
The trend of property buyers suing developers to get out of presale contracts has spread to the Revelstoke Mountain Resort....
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Vancouver shifts out of being in buyer's market
Apr 03, 2013 -
Vancouver's housing market has become more balanced with a higher sales-to-listings ration, according to the Real Estate Board of Greater...
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Proposed office towers compete for tenants
Apr 02, 2013 -
Developers fear negative speculation about limited downtown market demand could result in projects being shelved
Full Article
B.C. real-estate recovery will be slow and weak: Central 1
Mar 27, 2013 -
A B.C. credit union is predicting a weak, slow recovery for home sales across the province this year. ...
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Better time to buy than to sell Vancouver real estate: survey
Mar 26, 2013 -
More Lower Mainland residents think it's a good time to buy a home but a bad time to sell, according to a new Real Estate Weekly (REW) survey....
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Wooden skyscraper proponent wins Prince George contract
Mar 25, 2013 -
PCL Construction Westcoast and Michael Green Architects have beat out two other bidders to build and design the Wood Innovation and Design Centre...
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Vancouver housing start prospects dim: Conference Board
Mar 25, 2013 -
The Conference Board of Canada released a report March 22 that painted a bleak picture for Canadian housing starts, particularly in 10 markets...
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Wyant new head of Real Estate Board of Greater Vancouver
Mar 20, 2013 -
The Real Estate Board of Greater Vancouver (REBGV) announced this week that its directors have elected long-time realtor Sandra Wyant as its new...
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Cash flow key to investment real estate
Mar 19, 2013 -
Flush with capital and low interest rates, commercial real-estate investors compete to acquire perceived safety of B.C. properties
Full Article
Pattison Toyota site proposal adds a fourth tower
Mar 19, 2013 -
Developers behind a megaproject in the downtown Vancouver blocks bounded by Burrard, Davie, Hornby and Drake streets are proposing to build a...
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Negotiating better lease terms can help right “renoviction” wrongs
Mar 19, 2013 -
Despite his serving up sweet treats to customers, Cookies of Course’s "head cookie" (also president and owner), Alan Boysen, has been left...
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Record set for commercial real-estate investment in B.C.
Mar 15, 2013 -
A record level investment of $2.35 billion was made in commercial real estate in B.C. in 2012, according to a new Avison Young......
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Vancouver’s first co-housing project approved
Mar 15, 2013 -
Vancouver city council this week approved the city’s first co-housing project on East 33rd Avenue in a controversial rezoning....
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B.C. home sales to continue slump, rebound in 2014: CREA
Mar 15, 2013 -
B.C.'s home sales will continue to slump through 2013 but will rebound in 2014, according to a market forecast released this morning by the...
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Property group buys historic Save On Meats building, plans to renovate
Mar 14, 2013 -
Anthem Properties Group Ltd. has bought the Save On Meats building in East Vancouver, home of a diner and butcher shop that was recently featured...
Full Article
PST will make the purchase of pricier homes cheaper
Mar 12, 2013 -
Real estate agents' fees for home-sellers will also be lower under provincial sales tax regime
Full Article
Bosa Properties breaks ground on 30-storey Coquitlam condo project
Mar 05, 2013 -
Bosa Properties is not letting sluggish sales across Metro Vancouver deter its plans to break ground on new condominium projects....
Full Article
Art gallery flush with cash in lead-up to relocation
Mar 05, 2013 -
VAG yet to launch capital campaign but already has $93.7 million in funds and pledges
Full Article
Vancouver home sales drop 29% but turnaround in sight: REBGV
Mar 04, 2013 -
Vancouver home sales remained sluggish in February but a few indicators hint that the trend toward recent weakness is subsiding. ...
Full Article
Fresh real-estate scandal breaks as $38m mansion photos revealed to be fake
Feb 28, 2013 -
More evidence of media manipulation by the real-estate industry has emerged with a Vancouver newspaper’s misstep in publishing fake photos...
Full Article
Vancouver approves new rental towers at English Bay
Feb 27, 2013 -
The iconic Beach Towers complex near English Bay will be getting 133 new rental apartments.
Full Article
Real-estate marketers investigated over allegations of media manipulation
Feb 26, 2013 -
As Vancouver home sales remain sluggish, real-estate industry regulator examines series of alleged marketing misrepresentations
Full Article
Vancouver to expand laneway housing initiative
Feb 25, 2013 -
The City of Vancouver is planning to expand and tweak its laneway housing program to encourage the building of laneway homes and make them more...
Full Article
B.C.’s housing affordability improves “noticeably”: RBC
Feb 25, 2013 -
For the second consecutive quarter, B.C.’s housing affordability has improved "noticeably," according to a new RBC Economics Research report....
Full Article
B.C. housing starts to edge up in 2013
Feb 25, 2013 -
B.C.’s housing market is strengthening with housing starts expected to edge higher in 2013, according to a Canada Mortgage and Housing Corp. ...
Full Article
Bosa set to launch sales for renovated Yaletown building
Feb 20, 2013 -
Bosa Development Corp. is preparing to launch sales in the next week for its renovated, 21-year-old Pacific Point building at 1323 Homer Street,...
Full Article
Partners REIT spends $25.8m to buy Island shopping centre
Feb 20, 2013 -
Victoria-based Partners Real Estate Investment Trust (Partners REIT) (TSX:PAR.UN) announced February 19 that it is spending $25.8 million to buy...
Full Article
Two downtown sites could be Target for U.S. retailers
Feb 19, 2013 -
Development value up for Vancouver's Larwill Park, Canada Post building properties
Full Article
Trump tower may not come to Vancouver after all
Feb 18, 2013 -
CBC, the Huffington Post and other media may have jumped the gun on the weekend by reporting that Holborn Group has agreed to pay an undisclosed...
Full Article
Vancouver’s January home sales up but year-over-year prices down: CREA
Feb 15, 2013 -
Greater Vancouver home sales rose 4.7% in January from December levels, according to a Canadian Real Estate Association (CREA) report released...
Full Article
Toronto condos no Shangri-La for unhappy B.C. buyers
Feb 12, 2013 -
Real-estate investors launch lawsuits against B.C. developer to overturn pre-sale contracts
Full Article
Housing starts down from a year ago: CMHC
Feb 08, 2013 -
Greater Vancouver housing starts have dropped when compared with one year prior, according to Canada Mortgage and Housing Corp. (CMHC) data...
Full Article
Vancouver’s new housing price index dips: Stats Canada
Feb 07, 2013 -
New housing prices in Vancouver fell for the second month in a row in December, according to Statistics Canada data released this morning....
Full Article
New B.C. home builders' CEO defends departure from Liberal job
Feb 06, 2013 -
Brian Bonney, incoming CEO of the Canadian Home Builders' Association of B.C. (CHBA BC) told Business in Vancouver yesterday that he is not...
Full Article
Public hearing on controversial Beach Towers rezoning set for tonight
Feb 05, 2013 -
City council will tonight hear from those interested in Devonshire Properties’ proposed redevelopment of the Beach Towers complex at 1600...
Full Article
Home sales remain low: real estate board
Feb 05, 2013 -
Last month’s home sales represent the second-lowest January total in Greater Vancouver since 2001, the Real Estate Board of Greater...
Full Article
Developers push for demolition of West-End walk-ups
Feb 05, 2013 -
City pressed to increase affordability by ending low-rise demolition moratorium
Full Article
Saving Waldorf could cost city big bucks
Jan 22, 2013 -
Density bonus 'most likely' way Vancouver city council would compensate owner for designating East Vancouver site as a heritage landmark
Full Article
Non-residential construction investment at four-year high
Jan 18, 2013 -
Non-residential construction investment in Metro Vancouver rose for the fourth consecutive quarter to a level not seen since 2009's first quarter, ...
Full Article
City grants lease in effort to boost artist studio spaces on industrial land
Jan 18, 2013 -
The Arts Factory has won the right to lease a 21,000-square-foot city-owned warehouse at 281 Industrial Avenue as part of the city's plan to...
Full Article
Waldorf Hotel granted 120-day reprieve
Jan 16, 2013 -
Vancouver city council voted unanimously yesterday to grant the Waldorf Hotel a 120-day temporary protection order so a review can be conducted to ...
Full Article
B.C. home sales fell 12% in 2012: BCREA
Jan 15, 2013 -
Residential home sales across the province dropped nearly 12% in 2012, compared with 2011, according to a new report by the British Columbia Real...
Full Article
Delta approves 37-storey residential tower as Metro Vancouver councils aim to increase urban density
Jan 15, 2013 -
Tower power on the rise as municipal governments struggle to diversify housing mix
Full Article
Vancouver’s 2012 building permits outpaced 2011
Jan 11, 2013 -
As of November 2012, year-to-date construction intentions in the Vancouver Census Metropolitan Area (CMA) were up substantially over the previous...
Full Article
Developer has “no intention of demolishing” Waldorf Hotel
Jan 10, 2013 -
Condominium developer Solterra Group confirmed January 10 that it is buying the East Vancouver cultural hub Waldorf Hotel but denied that it plans ...
Full Article
Developers plan to turn Waldorf Hotel into condos
Jan 10, 2013 -
Condominium developer Solterra Group of Companies has bought East Vancouver's Waldorf Hotel from Marko Puharich for an undisclosed price and is...
Full Article
B.C. housing starts fall in December
Jan 10, 2013 -
Housing starts in B.C. fell in December, although total starts in the month were relatively flat compared with a year ago, Canada Mortgage and...
Full Article
Vancouver housing prices to continue slide: Royal LePage
Jan 08, 2013 -
Vancouver housing prices have fallen year-over-year and will continue to drop this year, according to Royal LePage's House Price Survey and Market ...
Full Article
Village 'megapub' brawl brews
Jan 08, 2013 -
Salt Building surprise for Olympic Village condo owners: large ale outlet seen as threat to ambience and property values for residents and city
Full Article
Vancouver home sales fell 23% in 2012: real estate board
Jan 04, 2013 -
Home sales in the Greater Vancouver declined nearly 23% in 2012, according to the Real Estate Board of Greater Vancouver (REBGV)....
Full Article
BC government increases homeowners grant threshold
Jan 03, 2013 -
The B.C. government is raising the threshold for the province's homeowner grant well past the $1 million mark, which Finance Minister Mike de Jong ...
Full Article
Surrey tenants want millionaire landlord to turn on the heat
Jan 02, 2013 -
Bob Dhillon owns an island in Belize and his Calgary-based company, Mainstreet Equity Corp. (TSX: MEQ), hit the $1 billion valuation mark in 2012, ...
Full Article
Rental vacancy loosens in Vancouver
Dec 14, 2012 -
Metro Vancouver’s rental vacancy rate climbed 0.4 percentage points to 1.8% in October compared with the same month in 2011, Canada Mortgage ...
Full Article
Marine Drive corridor shifts gears from industrial to urban destination
Dec 11, 2012 -
Mixed-use residential-retail developers follow string of big-box openings to turn South Vancouver into city’s next hot area
Full Article
Province has largest decline in residential building permits in October: Statistics Canada
Dec 06, 2012 -
British Columbia had the country’s largest decline in the total value of residential building permits in October, according to Statistics...
Full Article
Vancouver incentives promoting uneconomic rental units
Dec 04, 2012 -
Mayor's push for rental apartments will be short-lived if construction and operating costs ignored, say developers
Full Article
Harbour Centre plans multimillion-dollar facelift
Dec 03, 2012 -
Harbour Centre Complex will get a multimillion-dollar facelift, starting in the spring of 2013.
Full Article
Langley luring professional service companies east
Nov 27, 2012 -
Accountants, financial planners, lawyers cluster in new Fraser Valley business park
Full Article
City’s housing affordability better, but still bad: RBC
Nov 22, 2012 -
Buying a home in Vancouver got slightly more affordable this quarter, but the city’s real estate prices remain sharply out of line with...
Full Article
Metro Vancouver commercial real estate market activity slows
Nov 22, 2012 -
Metro Vancouver commercial real estate transactions fell 13% in 2012’s third quarter compared with the previous quarter, although prices...
Full Article
Red tape stalls development of scarce industrial land
Nov 20, 2012 -
Opposition and opportunity in B.C. environmental regulations that require costly soil and water tests to prove industrial land groundwater is...
Full Article
Nat Bosa baffles Washington state real estate analysts with downtown Seattle condo project
Nov 20, 2012 -
41-storey twin tower Insignia development in wake of market crash raises eyebrows
Full Article
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