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Real Estate

Vancouver market has ‘regained lost ground’ after foreign-buyer tax last year: Teranet

Vancouver market has ‘regained lost ground’ after foreign-buyer tax last year: Teranet

Repeat home sales prices increased 0.7% in October and 12% year-over-year across Metro Vancouver, according to Teranet’s House Price Index, which measures price changes for repeat sales of single-family homes.
Bosa office tower sells out at $2,000 per square foot

Bosa office tower sells out at $2,000 per square foot

Waterfront Centre strata sale launches Vancouver office market into upper stratosphere
Vancouver makes some short-term rentals legal

Vancouver makes some short-term rentals legal

Operators in primary residences will need to get a licence and pay activation fee
Fourteen-storey non-market rental tower, 47-storey mixed-use tower coming to Metrotown

Fourteen-storey non-market rental tower, 47-storey mixed-use tower coming to Metrotown

The Metrotown skyline is going to change when a new 14-storey apartment building and a 47-storey mixed use tower are built.
Anvil almost fully leased; AI set to retool office tower functions

Anvil almost fully leased; AI set to retool office tower functions

Anvil Centre leases up Patience is paying off at the Anvil Centre in downtown New Westminster, which Kingswood Capital Corp. and CRS Group acquired in December 2014 for $35.5 million.
Suburban condo construction drives Lower Mainland housing start activity: CMHC

Suburban condo construction drives Lower Mainland housing start activity: CMHC

A continuing upswing in condominium apartment starts in suburban areas drove October housing starts in the Vancouver region up 186% year-over-year, according to Canada Mortgage and Housing Corporation data released November 8.
Keefer Street rejection ‘sends a negative chill’ throughout development community

Keefer Street rejection ‘sends a negative chill’ throughout development community

Vancouver permit panel votes down controversial Chinatown condo tower despite it meeting city design and zoning requirements
Vancouver rolls out empty home tax

Vancouver rolls out empty home tax

There are punishing penalties for owners who refuse to rent out their vacant homes
Multi-family home completions to surge to 50% above average next year: BCREA

Multi-family home completions to surge to 50% above average next year: BCREA

The emphasis on density has led to an increase in the amount of time between project conception and completion in Metro Vancouver, exacerbating market imbalances, the British Columbia Real Estate Association said in a November 7 report.
Surrey city hall stays in the municipal property game

Surrey city hall stays in the municipal property game

City’s controversial development corporation aimed at aiding investment