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Real Estate

Prices of detached homes rise as condos flatten

Prices of detached homes rise as condos flatten

The cost of two-storey homes and detached bungalows in Vancouver has risen considerably over the past year, but standard condominiums remained flat, according to a Royal LePage survey. Standard two-storey homes rose in price 9.
Fraser Valley home sales slow

Fraser Valley home sales slow

The Fraser Valley Real Estate Board (FVREB) processed 1,412 sales on its Multiple Listing Service in March. That’s a drop of 22% compared with March 2011 and 13% less than the 10-year average of 1,626 sales for March.
Duperron Group buys 41 buildings in Houston

Duperron Group buys 41 buildings in Houston

Port Coquitlam-based investment firm Duperron Group has spent US$11 million on 41 buildings in a gated community in Houston, Texas, to expand its U.S. real-estate portfolio.

Housing gold rush sends prospectors north

Fort St. John home prices rise 15% between late 2011 and February 2012, but uncertainty over megaprojects raises red flags
$750m Telus Garden sells out before public launch

$750m Telus Garden sells out before public launch

Telecom giant’s employees given 1% discount off price of development’s condos
First-time buyers to drive Canadian housing market

First-time buyers to drive Canadian housing market

First-time homebuyers and people intending to buy a home in the next two years lead the pack when it comes to financial fitness and confidence.
Richmond faces distribution space supply crunch: Avison Young

Richmond faces distribution space supply crunch: Avison Young

Richmond is facing an increasing supply crunch for large, modern distribution space, according to an Avison Young report released Thursday.
Another contractor sues Woodward’s developer for debt

Another contractor sues Woodward’s developer for debt

The general contractor on the London Drugs store on the redeveloped Woodward’s site is suing the project developers for alleged debt of $386,804. Contractor NGC Management Ltd.
Stalled condo sales generating novel real estate marketing ploys

Stalled condo sales generating novel real estate marketing ploys

Innovative promotions on offer this week: glass-walled presentation suite at Central City mall and a one-day $20,000 discount
Heightened competition spawns restaurant construction boom

Heightened competition spawns restaurant construction boom

Long-term leases increasingly important for restaurateurs investing big dollars to lure fickle diners