Real Estate

Richmond-based developer Tien Sher has announced that its newest project, a four-storey building in Surrey, will be home to the country’s smallest condos. The development will have 56 micro-suites, with some as small as 290 square feet.

Housing starts in Metro Vancouver slipped slightly in September, according to Canada Mortgage and Housing Corp. (CMHC) September’s seasonally adjusted housing starts put the region on track for 20,239, CMHC reported October 9.

Ideas focused on reducing economic impact of a major house price correction

Vancouver City Council moved forward yesterday with a series of actions to create new affordable housing and protect renters in Vancouver, while increasing engagement with citizens and neighbourhoods.

Vancouver properties showed modest year-over-year price decreases as inventory has started to climb, according to the Royal LePage House Price Survey released yesterday. Detached bungalows posted a decrease of 0.

Residential property sales declined 32.5% in September to 1,516 units sold, compared with the 2,246 sales in September 2011, according to the Real Estate Board of Greater Vancouver (REBGV). This was also a marked decrease of 8.

Consulting report estimated cost of securing a new site and building a new facility would far exceed revenue generated from sale

Faster application processing credited with increasing permit numbers

Emerging “aerotropolis” likely to attract manufacturer tenants seeking closer links with airport

The majority (58%) of Lower Mainland residents believe it is a bad time to sell a home over the next three months, while 34% believe it is a good time, according to REW.ca’s September Real Estate Consumer Confidence Survey.