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Real Estate

Vacant schools sold for housing

Vacant schools sold for housing

Last week the District of North Vancouver voted to rezone the site of the vacant Monteray elementary school to make way for 12 single-family homes. The 1.
Metro rental investors eye “realistic” Victoria

Metro rental investors eye “realistic” Victoria

Commercial realtor David Venance recently sold four rental apartment buildings in Victoria and they all had two things in common. They had zero vacancies and all the buyers were from Vancouver.
Grosvenor Properties eyes Downtown South development

Grosvenor Properties eyes Downtown South development

Grosvenor Properties is cooking up a new plan for the site of Umberto Menghi’s fabled Il Giardino restaurant at
Home real estate sales jump 37% across Metro Vancouver in April

Home real estate sales jump 37% across Metro Vancouver in April

Home sales across Metro Vancouver spiked in April, creating a seller’s market not seen in the region since before the 2008 recession.
Despite high prices, Vancouver housing market at low risk of correction

Despite high prices, Vancouver housing market at low risk of correction

Vancouver has the nation’s highest real estate prices but the city’s market is unlikely to see a correction
Bulk home buyers slowed by mortgage rules

Bulk home buyers slowed by mortgage rules

Harder to get financing if you own five or more properties
Investors scoop old Burnaby apartment blocks in land development rush

Investors scoop old Burnaby apartment blocks in land development rush

$850 rental apartments selling for $350,000 per door
Planned-community development widens horizons for Penticton Indian Band

Planned-community development widens horizons for Penticton Indian Band

Skaha Hills resort-style venture helps Okanagan First Nation win Aboriginal Economic Development Corporation Award
Down dollar doesn’t dampen local demand for U.S. real estate

Down dollar doesn’t dampen local demand for U.S. real estate

Real estate prospects for British Columbia projected to surge
Big jump in homebuyers expecting help from ‘bank of mom and dad’: BMO

Big jump in homebuyers expecting help from ‘bank of mom and dad’: BMO

Parents hoping to enjoy their empty nests in comfort may first have to deal with some financial pleas from their kids.