Real Estate

Municipality's mayor pushing to change the face of West Vancouver retail strip

Anyone born in the 21st century should kiss goodbye any hope of buying a house in Vancouver.

Metro Vancouver home sales stabilized in January, following a sluggish 2013, when sales were dramatically below the 10-year average, according to numbers that the Real Estate Board of Greater Vancouver released February 4.

City suffers highest annual negative absorption on record

Brentwood mall’s first tower and a business centre in the Big Bend shopping centre are heading for public hearing next month.

Homes in Vancouver and Toronto are overvalued by 10% to 15%, compared with an average of 8% in other regions of Canada, a new TD Economics report concludes.

Residential sales in the province are set to grow over 2014, according to the British Columbia Real Estate Association's (BCREA) 2014 First Quarter Housing Forecast Update published January 30.

As Vancouver Mayor Gregor Robertson welcomed a new $200 million office tower start in downtown Vancouver last week, industry observers questioned whether municipal incentives are encouraging a glut of office space.

Work is now underway on a new 35,000-square-metre luxury goods mall at Vancouver International Airport.

Outdoor retailer Bass Pro Shops will open a 145,000-square-foot outlet, joining Walmart and Rona as anchors, in the giant shopping centre complex being developed in South Delta.