Real Estate

Smaller markets in British Columbia are posting the highest increases this year as the province has seen an overall 18% spike in residential sales, according to the BC Real Estate Association.

NAIOP Vancouver, in partnership with Business in Vancouver, is delighted to announce the finalists for the 2014 Commercial Real Estate Awards of Excellence. This event will recognize excellence in Commercial Real Estate within the Metro Vancouver area for the 2012 and 2013 calendar years.

Metro Vancouver house prices are up from March to April, making it the only Canadian city whose prices have gone up 12 months consecutively, according to the Teranet–National Bank Composite House Price Index.

Potential landlords may consider buying apartment buildings rather than houses or condominiums because of the lower mortgage rates and greater financial flexibility available.

The question is one Vision Vancouver councillor Geoff Meggs hears a lot: Is it time to declare the future of housing for most people in the city will be rental?

Construction prices for apartment buildings in the Vancouver census metropolitan area (CMA) increased 3.2% according to Statistics Canada data released May 13, which is the highest growth in the country.

Site expected to include 800 homes in 18 buildings within 15 years

The price of new homes dipped in the twelve months to March, according to the New Housing Price index released by Statistics Canada May 8.

Fewer than 20% of the 30,000 strata corporations in British Columbia have agreed to acquire depreciation reports, which were mandated for most condominium buildings in December 2013 under the provincial Strata Property Act, Regulations and Amendments.

Just a year after having the second-biggest drop in revenues-per-room in the country, Vancouver hotel owners are seeing both occupancy levels and incomes rising, according to industry analyst HVS International.