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Real Estate

Toronto overtakes Vancouver for Canada’s most expensive one-bedroom rent: PadMapper

Toronto overtakes Vancouver for Canada’s most expensive one-bedroom rent: PadMapper

The average rent for a one-bedroom apartment in Toronto was $2,040 in April, which was $30 higher than the Vancouver average of $2,010, according to PadMapper’s latest data, which looks at median rents for all homes that are currently available to re
Vancouver has worst housing affordability ever recorded in Canada: RBC

Vancouver has worst housing affordability ever recorded in Canada: RBC

82.5% of average household’s income necessary to finance a Vancouver home
Court ruling shows risk of pre-sale contracts as unsuspecting buyers lose homes

Court ruling shows risk of pre-sale contracts as unsuspecting buyers lose homes

Buyers’ agreements overturned as judgment gives lenders priority in recouping funds
March Vancouver home sales down 30% after new mortgage rules dampen demand

March Vancouver home sales down 30% after new mortgage rules dampen demand

Demand for homes in Greater Vancouver and across British Columbia as a whole was down in March due in large part to more stringent federal mortgage qualification regulations that became effective January 1, according to a new report from the British
Neighbourhood retail faces accommodation squeeze

Neighbourhood retail faces accommodation squeeze

Redevelopment pressures up ante for local merchants amid rapidly eroding bottom lines
Housing starts roar as sales go quiet

Housing starts roar as sales go quiet

Vancouver leads pace as starts more than double in first quarter compared with last year
Vancouver to require Airbnb hosts display business licence numbers in ads

Vancouver to require Airbnb hosts display business licence numbers in ads

Fines for non-compliance set at up to $1,000 per day
Avison Young acquires local property management firm

Avison Young acquires local property management firm

Avison Young grows locally Toronto-based Avison Young (Canada) Inc. has bought Alcor Commercial Realty Inc. of Vancouver for an undisclosed sum.
Crestpoint buys False Creek Flats MEC building, other Metro Vancouver properties

Crestpoint buys False Creek Flats MEC building, other Metro Vancouver properties

Crestpoint Real Estate Investments Ltd.
Architect finds purpose in providing quality seniors' homes

Architect finds purpose in providing quality seniors' homes

A profile of Rainer Müller, founder and chairman, Parc Retirement Living