Real Estate

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.

Commercial real estate is driving Metro Vancouver's economy, according to a September 27 report by the National Association of Industrial and Office Properties (NAIOP).

Condominium builder and developer Marcon is teaming up with Vancouver-based CONDOday on Saturday to sell the last 18 of 108 condominiums at its Cornerstone development in Langley. Sales first launched in April 2010.