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Real Estate

Short supply, bad weather dampen February home sales in Vancouver: REBGV

Short supply, bad weather dampen February home sales in Vancouver: REBGV

Home sales across Metro Vancouver fell 41.9% year-over-year last month, according to Real Estate Board of Greater Vancouver data released March 2, putting sales activity almost 8% below the 10-year average for February.
Hong Kong investors to buy Rosewood Hotel Georgia for $145 million

Hong Kong investors to buy Rosewood Hotel Georgia for $145 million

Rosewood Hotels and Resorts will continue to operate the property
China crackdown threatens to cut foreign investment

China crackdown threatens to cut foreign investment

Tougher currency control rules could also offer investors an excuse to exit Metro’s slowing housing market
Liberal budget offers no bold solutions to B.C.’s real estate challenges

Liberal budget offers no bold solutions to B.C.’s real estate challenges

Budget sop Real estate appears to have largely exhausted the province’s largesse, if last week’s budget is any indication.
City’s ‘green’ bylaw will add more costs to new homes

City’s ‘green’ bylaw will add more costs to new homes

Big windows, balconies could cost extra, but cheap natural gas not available at any price
Critics question BCLDB move to larger warehouse

Critics question BCLDB move to larger warehouse

Province will continue to store product destined for private retailers
B.C. Budget 2017: Government plans for a slower housing market

B.C. Budget 2017: Government plans for a slower housing market

Less property transfer tax, and more tax from foreign buyers in 2017
Vancouver housing affordability not expected to improve: UDI

Vancouver housing affordability not expected to improve: UDI

Affordability is not expected to improve in Vancouver’s housing market as long as zoning restrictions, approval delays and other factors are leading to a severe supply shortage, according to an Urban Development Institute report released February 20.
Condo owners cash out with $51 million project sale

Condo owners cash out with $51 million project sale

Land lift equal to a 50% price jump compared with the assessed value of complex
Court delays plague strata wind-up attempt

Court delays plague strata wind-up attempt

West side project is first to go to court under new B.C. law that allows strata corporations to dissolve without unanimous support