Real Estate News & Articles

0.90 acre industrial land sells for $12.33 Million located at Fraser Highway, Surrey, B.C.

2021-07-29

Surrey 0.90-acre development site sells over ask at $12.3 million Fraser Elliott Group Western Investor Fleetwood-area strata-windup industrial property is in the new Surrey-Langley SkyTrain corridor and has OCP rezoning potential for a hig…

B.C. estimates nearly 20 percent of the eligible population are unvaccinated

2021-07-27

COVID-19: Unvaccinated British Columbians may face limits on where they can go Joanne Lee-Young The Vancouver Sun Dr. Bonnie Henry said there may be examples where imposing workplace vaccination requirements makes sense for businesses B.C. …

B.C. court ordered to release list also for their privacy and safety concern

2021-07-27

Strata council ordered by B.C. court to release list of all owners to one of its members Susan Lazaruk The Vancouver Sun The strata refused, citing privacy and safety concerns, and said it was not in the best interests of the strata communi…

Belmont mansion sold for the highest price ever in the region for a single family detached

2021-07-26

Vancouver real estate: Mansion sold for $42M, well below the asking price but still a record high Kendra Mangione other   VANCOUVER -- A Vancouver mansion sold this month for what realtors described as a record-breaking price was purch…

A record-breaking real estate markets in Great Vancouver

2021-07-26

Greater Vancouver real estate record broken with new $42M private sale Amy Judd other A new Greater Vancouver real estate record has been broken with a new private sale recently. Sotheby’s International Realty Canada said the sale of …

Figuring out major deficiencies to fix amidst rising costs in the real estate market

2021-07-23

New Westminster strata windup and sale finds solution in a bumpy market Joanne Lee-Young The Vancouver Sun Just as strata owners at Kinnaird Place decided to sell their building because they couldn't afford to take on major repairs, the mar…

Strata complex has 28 surveillance camera and 30 fob access point for purposes

2021-07-23

Condo surveillance went too far, says privacy watchdog Jeremy Hainsworth Western Investor Hidden cameras, tracking key fobs, sharing private video data on strata owners and guests represent excessive use of surveillance, report says   …

Canadian mortgage market challenges in the current crisis

2021-07-22

How will immigration impact the mortgage market as Canada opens up? Fergal McAlinden other An industry president expects the effect to be steady rather than spectacular In an otherwise flourishing mortgage market, the absence of one key dem…

Does Canadian first time home buyer foresee problem before 25 years from now?

2021-07-22

Canada first-time buyers hit by new dilemma Ephraim Vecina other The Canadian housing market’s bull run is proving increasingly costly for would-be buyers In the current environment, many first-time buyers are wrestling with a troubli…

0.46 acres multi-unit duplex sells for $762,500 located at Mission, B.C.

2021-07-22

Less than half-acre in Mission, B.C. fetches ask price of $762,500 London Pacific Property Agents Inc. Western Investor Potential residential development site near downtown Mission sold for more than double its assessed value . London Pacif…

Industrial building sells for $2.3 Million located at Langley, B.C.

2021-07-22

Langley 5,040-square-foot industrial building sells for $2.3 million Frontline Real Estate Services Inc. Western Investor The freestanding building, in the Aldergrove area, is zoned light-industrial and includes renovated office space Front…

Meeting the demand of housing market sales amidst pandemic

2021-07-21

Toronto-based real estate startup Properly raises $44 million with plans to expand across country Stefanie Marotta other The funding round for Properly — which allows buyers to purchase a new home before listing their current property…

What happen to Vancouver housing sales?

2021-07-21

July home sales drop for fifth straight month WI Staff Western Investor Early Vancouver data shows sales down 17 per cent from June but low inventory may keep prices firm, analysts say "Tepid" price drop expected if current trends persist. …

Housing supply crisis in Canada issue needs to be address immediately

2021-07-21

Darlene Hyde and Dan Morrison: Governments in Canada need to work together to solve current housing crisis Darlene Hyde The Vancouver Sun Opinion: The federal government needs to prioritize this issue and plan for a&nbsp…

Creating transparency in the housing market based on a variety of data sources

2021-07-19

Vancouver real estate analytics company launches its version of Zillow's Zestimate Pallavi Rao other   Offerland wants to create transparency in the housing market by empowering customers through data and insights American real estate …

New normal Checklist on entering borders in Canada

2021-07-17

Travelling to or within Canada? The rules have changed. Here's what you need to know Sophia Harris CBC Radio   Travelling abroad? Coming home might be more complicated than you think. (Kevin Lamarque/Reuters) Passport? Check. Plane tic…

New townhomes in Vancouver located in the heart of Kitsilano

2021-07-16

Book a private appointment to tour the newly-opened showhomes at Kai Kitsilano Jim Pattison Developments LTD Livabl Now selling, Kai is a boutique collection of twelve modern townhomes located in the heart of Kitsilano, one of Vancouver&rsq…

Canadian home sales has continued to trend downward during the early summer months

2021-07-16

Market takes another step towards normalcy as Canadian home sales fall again in June: CREA Michelle McNally Livabl After a record-breaking spring for Canadian home sales, buying and selling activity across the country has continued to trend…

0.85 Acres Multi-Family rental sells for $91 Million located at 1155 Beach Avenue, Vancouver

2021-07-15

Vancouver Beach Avenue rental tower sells for $91 million Avison Young Western Investor One of the biggest multi-family deals in Vancouver for 2021, the 151-unit, 21-storey landmark concrete tower is on Beach Avenue with unobstructed ocean …

4.4 Acres land sells for $7.6 Million located at Aldergrove, B.C

2021-07-15

Aldergrove 4.4-acre land assembly sells for $7.6 million Varing Marketing Group Western Investor Two adjacent properties assembled and sold as a package for residential development Property type: Land Location: 25639 and 26771 24 Avenue, Al…

0.61 Acres land assembly sells for $4.1 Million located at Surrey, B.C.

2021-07-15

Surrey three-lot land assembly sells for $4.1 million Home life Advantage Western Investor Located in the Guildford area, the 0.61-acre site has holding rental income and potential for multi-family development. Type of property: Land assemb…

0.2 Acres site sells for $1.52 Million located at Wellington Avenue, Chilliwack, B.C.

2021-07-15

Chilliwack 0.2-acre downtown site sells for $1.52 million Homelife Advantage Realty Ltd. Western Investor The site, currently with three commercial addresses, sold with development potential on a prime site in the downtown core. Property ty…

Macklem's plan to keep the benchmark interest rate pinned near zero

2021-07-14

Bank of Canada willing to let inflation run hot on road to 'complete' recovery Kevin Carmichael other Kevin Carmichael: Policy-makers argue they're taking a calculated risk — and one worth taking   Bank of Canada Governor Tiff Ma…

High demand is leading in B.C. builders amidst pandemic

2021-07-13

B.C. builders weathered pandemic - but storm clouds are forming Peter Mitham Western Investor ‘Absolutely nothing has changed with us,’ says one Abbotsford contractor as provincial construction returns to its post-pandemic pace …