Real Estate

The B.C. government has signed an incremental treaty agreement (ITA) with Nazko First Nation, under which the band will receive more than 275 hectares of Crown land.

Melbourne and Vienna have beaten out Vancouver in a new report ranking the world’s most livable cities in 2012. Melbourne took top honours with Vienna in second place, in the annual Economist Intelligence Unit report.

B.C. housing starts are forecast to increase to 28,500 in 2012, from 26,400 in 2011, according to Canada Mortgage and Housing Corp.'s (CMHC) third quarter Housing Market Outlook British Columbia Highlights report.

Following a busy spring season, the Canadian residential construction market has cooled off and should continue to moderate, according to Robert Kavcic, economist at BMO Capital Markets.

Fears that Vancouver house prices are set to drop dramatically are overstated, according to a new forecast by Central 1 Credit Union. Central 1, the financial facility and trade association for B.C.

Total building permit values in the Lower Mainland-Southwest region were down 16% in June 2012 from May 2012, according to Vancouver Regional Construction Association's (VRCA) analysis of yesterday's Statistics Canada Building Permit Report .

The downside risks to Canada's housing market are increasing, according to a Special Report on Canadian Housing released today by Scotiabank.

The total value of Canadian building permits fell 2.5% to $6.8 billion in June, following a 7.1% increase in May, according to Statistics Canada. The decline was largely the result of a decrease in the non-residential and residential sectors in B.C.

The lowest sales-to-listings ratio since 2000 has prompted the Real Estate Board of Greater Vancouver (REBGV) to declare that Vancouver is in a buyer’s market.

The City of Vancouver has announced winners of its affordable housing competition, Re:THINK HOUSING.