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Vancouver home prices rise as sales fall in January

Vancouver home prices rise as sales fall in January

The Metro Vancouver housing market remained stable in January with the average home price rising 0.6%, compared with December, to $1,056,500. This came as sales fell 9.8%, compared with December, to 1,818.
Significant construction labour shortage expected in next three years: BuildForce Canada

Significant construction labour shortage expected in next three years: BuildForce Canada

Recruitment requirements in the construction industry might pose a significant challenge over the next three years, according to the latest labour forecast released by BuildForce Canada.
High Vancouver land prices test city’s office strata ceiling

High Vancouver land prices test city’s office strata ceiling

Developers grapple with doubts over buyer demand at $10 million per floor
Housing momentum slowing, but more supply still needed

Housing momentum slowing, but more supply still needed

Slowing momentum Affordability was the elephant in the room at the annual Urban Development Institute (UDI) forecast luncheon on January 18.
First towers proposed for Port Moody’s St. Johns Street

First towers proposed for Port Moody’s St. Johns Street

Port Moody residents will get their first look on Jan. 31 at a mixed-use development proposed for the 3200-block of St. Johns Street.
Condos approved for North Vancouver Telus site

Condos approved for North Vancouver Telus site

North Vancouver city council voted this week to allow for 179 condo units at 150 East Eighth St. in North Vancouver. The condos will share the site with Telus’ office building at that location.
Richmond MLAs want city to act on farmland mega mansions

Richmond MLAs want city to act on farmland mega mansions

Richmond’s Liberal MLAs say it’s time city council take stricter measures on house sizes in the Agricultural Land Reserve.
Fully financed and highly leveraged

Fully financed and highly leveraged

100% financing for businesses not always enough in a tight market
Flamingo Hotel overhaul signals rise of North Surrey

Flamingo Hotel overhaul signals rise of North Surrey

Development, university campus, hot real estate market driving gentrification
Metro apartment sales broke through the $2 billion mark in 2017

Metro apartment sales broke through the $2 billion mark in 2017

Real estate roundup Record volume Purpose-built rental apartments are a hot topic these days as politicians continue to seek to be seen to be doing something about housing affordability.