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Real Estate

Home builders’ association has new CEO

Home builders’ association has new CEO

The Greater Vancouver Home Builders’ Association (GVHBA) announced September 25 that Bob de Wit will take over as CEO on November 1 from 68-year-old Peter Simpson, who is retiring after heading the organization for the past 18 years.
Vancouver's home renovation market: rogues, risks and redemption

Vancouver's home renovation market: rogues, risks and redemption

Vancouver's $4 billion reno market is a “wild west” where illegal contractors duck taxes and permits and homeowners play along. In part two of BIV-CBC's joint series Renovation Reality, experts explain how both parties can protect themselves
B.C. house prices dropping, will drop further: conference board

B.C. house prices dropping, will drop further: conference board

Out of 28 Canadian residential real-estate markets, the only areas where prices fell year-over-year were in B.C. – Victoria (-9.9%); Vancouver (-8.
Cash flow key to residential real estate investing

Cash flow key to residential real estate investing

Study shows condos atop Burnaby Mountain provide better rental yields than other areas of the Lower Mainland
B.C. home sales continue fall, down 25% in August

B.C. home sales continue fall, down 25% in August

The dollar volume of homes sold through the Multiple Listing Service (MLS) in B.C. declined 25.4% to $2.6 billion in August compared with the same month last year, according to the BC Real Estate Association (BCREA).
Canadian home sales decline; Vancouverites still priced out of market

Canadian home sales decline; Vancouverites still priced out of market

Home sales across Canada shrank on a month-over-month basis in August by 5.8%, the largest decline since June 2010, according to TD Economics. Sales contracted in five of the past six months, according to a TD Economics report released Monday.
Vancouver's home reno market: dealing with unregulated mayhem

Vancouver's home reno market: dealing with unregulated mayhem

Part one: Metro Vancouver's home reno market is a $3.8 billion industry without a safety net. In this first part of BIV-CBC joint investigative series Renovation Reality, we look at how professionals strive to reclaim credibility in a business going rogue
Multifamily projects fuel Metro Vancouver housing starts

Multifamily projects fuel Metro Vancouver housing starts

Multi-family developments are driving Metro Vancouver housing starts upwards, according to Canada Mortgage and Housing Corp. numbers released September 11. Housing starts in multi-family developments rose 29% to 1,417 in August.
Surrey's tallest tower hinges on pre-sales

Surrey's tallest tower hinges on pre-sales

If sales miss target for $100 million highrise, in which City of Surrey has $13 million stake, developer will have to delay construction
Brighter prospects for recreational property sales

Brighter prospects for recreational property sales

Vacation property market recovers as Vancouver residential sales continue to slide