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Real Estate

Building permit values dropped 11% in March

Building permit values dropped 11% in March

Construction in the Lower Mainland region continued a downward trend, with building permit values dropping by 11% in March compared with February, according to an analysis of the latest Statistics Canada data by the Vancouver Regional Construction Association.
Metro Vancouver home sales continue to plummet

Metro Vancouver home sales continue to plummet

Metro Vancouver home sales fell 6.1% in April to the lowest total sales for the month since 2001, the Real Estate Board of Greater Vancouver (REBGV) announced May 2.
Real-estate marketer sues for alleged unpaid bonus

Real-estate marketer sues for alleged unpaid bonus

Real-estate marketer Pilothouse Real Estate Inc. is suing project manager Tridecca Developments Ltd. for failing to pay Pilothouse a $125,000 bonus after Pilothouse allegedly successfully sold units in the River View Terrace development for higher-than-expected prices.
British Columbians feel Property Transfer Tax unfair: poll

British Columbians feel Property Transfer Tax unfair: poll

Most British Columbians believe that B.C.'s property transfer tax (PTT) places an unfair tax burden on homebuyers, according to an Ipsos Reid poll released May 1.

First Nations leveraging land for band business opportunities

Capitalizing on its premium location, Tzeachten has created a respectable real estate empire
Developers set to invest $500 million to transform PoCo’s Fremont district into planned community

Developers set to invest $500 million to transform PoCo’s Fremont district into planned community

New retail, residential and industrial to be combined with recreational amenities
Demand for luxury homes down 29% in Vancouver: RE/MAX

Demand for luxury homes down 29% in Vancouver: RE/MAX

Sales of luxury homes in Vancouver were down 29% in 2013’s first quarter compared with the same period in 2012, according to a RE/MAX report released this morning.
Kevin Falcon joins Anthem Properties

Kevin Falcon joins Anthem Properties

Former B.C. finance minister and deputy premier Kevin Falcon has found a job with real-estate developer Anthem Properties, the company announced today.

Residential units subsidizing Vancouver hotel developments

Mayfair, Holborn Group plan city projects
Home ownership is a hurdle for Generation Y

Home ownership is a hurdle for Generation Y

Generation Y faces many more barriers to home ownership than their baby-boomer parents did, according to a TD Canada Trust report released today.