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Real Estate

Burnaby legion’s redevelopment dreams delayed

Burnaby legion’s redevelopment dreams delayed

Beedie Development Group chosen to pick up where embattled Epta left off
Porteau Cove dispute back to the courts, arbitration

Porteau Cove dispute back to the courts, arbitration

Squamish Nation, Concord Pacific partnership on former BC Rail land derailed
Housing market cools in Fraser Valley

Housing market cools in Fraser Valley

After a white-hot first half of 2016, slower sales push inventory higher
Vancouver housing starts fall to lowest level since 2011 in October: CMHC

Vancouver housing starts fall to lowest level since 2011 in October: CMHC

Housing starts in Vancouver dropped 52% year-over-year in October, according to Canada Mortgage and Housing Corporation data released November 8.
Safe havens and cash flow dominate investor concerns

Safe havens and cash flow dominate investor concerns

Don’t worry CBRE Ltd. kicked off the Vancouver Real Estate Strategy and Leasing Conference last week with its research director Spencer Levy weighing in on the outcome of the presidential election in the U.S.
Home sales continue to plummet in October across Metro Vancouver: REBGV

Home sales continue to plummet in October across Metro Vancouver: REBGV

Metro Vancouver home sales plunged 38.8% year-over-year in October, according to Real Estate Board of Greater Vancouver data released November 2. A total of 2,233 homes were sold in the month, which was 15% below the 10-year average for October.
Industrial, infrastructure projects energizing Okanagan outlook

Industrial, infrastructure projects energizing Okanagan outlook

Okanagan boom A quick glance at the latest edition of the province’s major projects inventory indicates that the Thompson Okanagan region hosts 110 major projects – those worth $15 million or more – with an aggregate value of $22.8 billion.
Retail starts to come together at River District

Retail starts to come together at River District

Save-On-Foods, TD Bank, Westminster Savings and more to come to southeast Vancouver
Victoria real estate sees drop in foreign buyers

Victoria real estate sees drop in foreign buyers

There is no indication that the 15% tax on foreign home buyers in Metro Vancouver implemented this summer is driving offshore money to the Victoria region.
Vancouver home sales to continue to slow over next two years: CMHC

Vancouver home sales to continue to slow over next two years: CMHC

Despite slowing sales, home prices will continue to rise, the organization forecasts