Real Estate

On the rise One quarter down and three to go in 2017 and according to real estate marketing firm MLA Canada, at least 35 new highrise developments will launch across Metro Vancouver this year with more than 10,000 units.

But lack of timely project approvals could derail future opportunities

The number of homes started in the Vancouver Census Metropolitan Area (CMA) in March was the highest seen in decades, according to CMHC data released April 10.

Benchmark home prices have fallen, but they remain near record highs in Vancouver, and homebuyers are extending their reach beyond the city limits.

Lower Mainland housing prices sending younger voters into political hinterland

Record-setting pace slows as prices push market peak and cap rates plunge

For the birds The impact of development on Delta green space is a long-standing concern.

Affordability pressures increasing the appeal of expanding the inventory of townhouse options

Developer plans to rezone site and get approval to build condos

For the first time in almost three years, overall housing affordability actually improved—a little—in 2016’s fourth quarter, but this was not the case for the condominium market.