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Real Estate

Housing benchmark price dips slightly, market remains active: REBGV

Housing benchmark price dips slightly, market remains active: REBGV

The benchmark price for all residential properties in Greater Vancouver was $601,500 in August – a 1.3% decline compared with a year earlier, according to the Real Estate Board of Greater Vancouver.
Malls on transit lines emerging as new residential centres

Malls on transit lines emerging as new residential centres

Shape Properties looking to transform Lougheed Town Centre with 11 residential towers
Canada is top developed nation for real-estate investment worldwide: EY

Canada is top developed nation for real-estate investment worldwide: EY

Canada is in fifth spot worldwide when it comes to real-estate investment and is the only developed nation to break the top five, according to the results of an EY survey published August 29.
B.C. housing affordability down in Q2: RBC

B.C. housing affordability down in Q2: RBC

Housing affordability in British Columbia declined in 2013’s second quarter, according to an RBC Economics Research report released August 27.
U.S. new home sales plunge 13%

U.S. new home sales plunge 13%

U.S. new home sales fell 13% in July to 394,000 compared with 455,000 in June, the U.S. Department of Commerce reported today (August 23).
U.S. existing home sales see strong increase in July

U.S. existing home sales see strong increase in July

U.S. existing home sales were up sharply in July, continuing the trend of positive developments for the U.S. housing market.
Commercial real estate report: ‘Greed’ blamed for multi-family land sales nosedive

Commercial real estate report: ‘Greed’ blamed for multi-family land sales nosedive

30% drop in sales of Metro Vancouver multi-family development sites in first half of 2013

Commercial real estate report: Shaky mining juniors spook Vancouver office market

Volatility floods local office market with sublease space
Commercial real estate report: Windows of opportunity: City’s largest reglazing project

Commercial real estate report: Windows of opportunity: City’s largest reglazing project

$7 million refit of One Wall Centre’s double-pane glass follows condo tenants’ complaints

Commercial real estate report: Ten key questions commercial tenants should ask a landlord’s leasing agent

A local landlord is often more accessible, thus making any dealings prior to and following signing the formal lease easier