Real Estate

Lot assemblies signal wholesale housing demolitions: one in four Vancouver houses sold to be torn down

Flamingo dance Tien Sher Group is drafting a new chapter in the redevelopment of Surrey’s storied Flamingo Hotel. A month ago, Avison Young principals Bal Atwal and Mehdi Shokri circulated a brochure inviting interest in the four-acre site.

Over the second half of last year, a surprising development occurred – the net inflow of people moving to B.C. from other provinces fell sharply. The drop showed up in the third quarter and persisted through the final months of 2017.

Both the total dollar volume of home sales and the number of units changing hands in Greater Vancouver fell around 35% in May, according to new data from the British Columbia Real Estate Association (BCREA).

New Burnaby space selling for north of $400 per square foot

Use of 'cheap' foreign shrubs and trees is counterproductive, expert says

Realtors concerned about government's definition of what constitutes a conflict of interest

The average rent for a one-bedroom apartment in Vancouver was $2,090 in June, according to new data from PadMapper, making the city once again the most expensive in Canada for that home type.

Breathing space Several reports in the last week point to investors seeking breathing room, which means a break, if not a brake, for the market.

Lark Group announces major tenant, seeks more enterprises from surrounding cities