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Hudson’s Bay to sell downtown Vancouver store for $675 million: Reuters

Hudson’s Bay to sell downtown Vancouver store for $675 million: Reuters

Conditional agreement said to be reached with an “Asian buyer”
Most B.C. residents support ban of foreign real estate investment: survey

Most B.C. residents support ban of foreign real estate investment: survey

Almost six-in-10 residents of British Columbia think it is time to look at an outright ban of foreign investment in real estate in the province, according to the results of a Mustel Group survey conducted in partnership with CBC.

Infographic: Canadian Rental Housing Index, May 2018

How many Canadian renting households spend more than 30% of their gross income on rent? How about 50%? How does British Columbia's average rental cost compare with other provinces?
B.C. residents more than twice as likely as average Canadian to struggle to make home down payments: Zoocasa

B.C. residents more than twice as likely as average Canadian to struggle to make home down payments: Zoocasa

A full 53% of British Columbian renters say they rent as opposed to owning a home because they struggle to save enough for a down payment, according to a new report from Zoocasa.
Vancouver Zero Emissions centre underway

Vancouver Zero Emissions centre underway

The Vancouver Regional Construction Association (VRCA) in partnership with the City of Vancouver, Passive House Canada and the Open Green Building Society are building a Vancouver Zero Emissions Building Centre of Excellence.
Phase 3 of Cambie Corridor approved

Phase 3 of Cambie Corridor approved

Rezoning for higher-density could mean windfall for 1,700 detached house owners
Westbank plans to launch downtown office space

Westbank plans to launch downtown office space

Westbank plans strata Westbank Corp. plans to announce a new strata office development in downtown Vancouver.
Metro Vancouver home sales fall to 17-year low in April: REBGV

Metro Vancouver home sales fall to 17-year low in April: REBGV

A total of 2,579 homes were sold across the Metro Vancouver region in April, according to new data from the Real Estate Board of Greater Vancouver (REBGV), which is a drop of 27.4% compared with the 3,553 sales in the same month last year.
Young Vancouver first-time homebuyers can afford 10% less living space now than a year ago: Royal LePage

Young Vancouver first-time homebuyers can afford 10% less living space now than a year ago: Royal LePage

How much bang for their buck could these buyers see in other cities across Canada?
Too early to look for positives from government policies: experts

Too early to look for positives from government policies: experts

Policy shifts The real estate industry has taken umbrage and given flak regarding various measures Victoria has proposed to moderate the province’s housing market.