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Real Estate

Doolin’s to close October 31 part of Granville Street transformation

Doolin’s to close October 31 part of Granville Street transformation

Hotel Belmont to open next spring on site that also includes Comfort Inn
Fraser Valley becomes favoured investment destination as giants step in, transit steps up

Fraser Valley becomes favoured investment destination as giants step in, transit steps up

Giant distribution centre and LRT decision reflect reasons Metro developers, investors, homebuyers are heading south across the Fraser
Strong market, rising interest rates raise market correction fears

Strong market, rising interest rates raise market correction fears

Sober first thoughts When the elder statesmen of the real estate industry speak to younger generations, the sky-high interest rates of the early 1980s stand out as one of the defining moments in their careers.
OMERS cashes in and builds as Vancouver’s office market hits record

OMERS cashes in and builds as Vancouver’s office market hits record

Downtown Vancouver’s white-hot office market – where sales soared 91% this year above the five-year average to $3.2 billion in the second quarter – is proving a profitable sector for some retired Ontario public employees.
Metro Vancouver home sales 36% below average in September: REBGV

Metro Vancouver home sales 36% below average in September: REBGV

September home sales across Metro Vancouver fell to 36.1% below the 10-year average for the month, according to Real Estate Board of Greater Vancouver (REBGV) data released October 2, as demand remained low and supply continued to increase.
Home ownership ‘for the rich only’ in Metro Vancouver: RBC

Home ownership ‘for the rich only’ in Metro Vancouver: RBC

Report says it would take nearly 120% of household income to cover costs of a single-family detached home in the region
Stratas bank millions in anticipation of future costs

Stratas bank millions in anticipation of future costs

Depreciation reports important, but not always valued by building owners
Real estate market tightens squeeze on golf industry

Real estate market tightens squeeze on golf industry

Industry has mixed feelings about the redevelopment of courses into housing
$1M+ real estate in Metro Vancouver turning into a buyer’s market – even for condos: Sotheby’s

$1M+ real estate in Metro Vancouver turning into a buyer’s market – even for condos: Sotheby’s

Forecast predicts further declines for “top-tier” real estate market, with even resilient condos weakening
Speculation tax tightens residential market supply

Speculation tax tightens residential market supply

Percentage of foreign buyers of Metro real estate down in 2018’s first six months