Real Estate News & Articles

Kitsilano's former Black Swan building to be demolished by developer

2006-01-28

Cheryl Rossi Van. Courier A historic Kitsilano building will be demolished in the next three to six months unless city staff can find it another home. Although the city, its Heritage Commission and the developer debated options to retain th…

Arthur launches The Erickson project

2006-01-28

Malcolm Parry Sun Marika Palmer and husband Frank made a twice-yearly home buy in False Creek's The Erickson tower. ARTHUR ERICKSON, the iconic architect, and Concord Pacific development firm chief Terry Hui launched what may be our town's …

TV Towers on Robson Street

2006-01-28

Concord is building the residential towers jointly with the CBC Sun Concord Pacific's David Negrin is championing a TV Tower home as an affordable entry-level home. Lineups suggest he's on to something. Photograph by : Ward Perrin, Vancouve…

UBC program pioneers choice in construction standards

2006-01-28

Kim Davis Sun A year-old University of B.C. sustainable construction program is drawing the attention of residential developers and their regulators. Called the Residential Environmental Assessment Program, it is very much a made-in-Vancouv…

New-home sales climb in Dec., set record for 2005

2006-01-28

USA Today WASHINGTON (Reuters) — Sales of new homes expectedly rose 2.9% in December as mortgage rates dipped, but home prices fell for a third month and the number of houses on the market hit a record, according to a government repor…

Alarm rings for construction industry

2006-01-27

After cancellation of a Victoria condo development more fallout from boom expected Daphne Bramham Sun For the past couple of years there have been dire warnings about an acute shortage of construction workers caused by the Olympics, Olympic…

One in six Canadians plan to buy investment property

2006-01-27

Prices encouraging trend, but experts warn against spectacular increases repeating Michael Kane Sun BRIAN SPROUT/SPECIAL TO THE VANCOUVER SUN Elton Ash, regional vice-president Re/Max Western Canada, shown in the Kettle Valley subdivision, …

Hudson's Bay takes the bait

2006-01-27

Board of historic retail chain accepts U.S. investor's sweetened offer Hollie Shaw Sun Hudson 's Bay Co. accepted a sweetened offer from U.S. investor Jerry Zucker on Thursday in a deal that isn't expected to affect Vancouver's 2010 Olympic…

Restaurant listings January 26, 2006

2006-01-26

Mia Stainsby Sun A list of restaurants recommended and anonymously visited by Sun restaurant critic Mia Stainsby . Prices are per couple for three courses, with a glass of wine each, before tip and taxes. $ means $50 or less $$ means $50 to…

Canadian Investors Flocking to Housing Market

2006-01-26

Investor Presence Growing in Residential Housing Markets Across the Country, says RE/MAX Other Kelowna, British Columbia -- Recent gains in average price are attracting a growing number of investors to major markets across the country. In f…

Existing home sales hit record in '05 despite Dec. dip

2006-01-25

Tim Loehrke USA Today David Lereah, chief economist for the Realtors, said he expected price increases to slow this year. WASHINGTON (AP) — Sales of existing homes set a record for a fifth straight year in 2005 even though the year en…

The BlackBerry revolution

2006-01-24

Users of the Research in Motion device keep growing in numbers and devotion to its merits Peter Wilson Sun Darryl Rawlings, president of Vetinsurance who is shown with his dog Charlie, says he gets 500 ... Photograph by : Bill Keay, Vancouv…

Holt Renfrew plans major expansion at Pacific Centre

2006-01-24

Sun Pacific Centre will lose about 20 retail tenants by the end of this month as they make way for upscale fashion retailer Holt Renfrew's plan to open a new 121,000-square-foot store at the north end of the downtown Vancouver mall by the s…

Noose tightens on BlackBerry

2006-01-24

U.S. Supreme Court refuses to intervene; judge can rule on injunction request Sun WASHINGTON -- The fate of the BlackBerry may be decided by a federal district judge now that the U.S. Supreme Court has chosen not to intervene in a patent di…

Council debates social housing

2006-01-20

John Bermingham Province A model housing project in Southeast False Creek could end up as a community for the rich if Vancouver City Council slashes social housing at the project. Gregor Robertson, New Democrat MLA for Vancouver-Fairview, w…

U.S. Economy: Boom in housing near end

2006-01-20

The Associated Press Province WASHINGTON -- Construction of new single-family homes in the U.S. surged to an all-time high in 2005 but construction activity fell sharply in December, sending a signal that the long housing boom could be cool…

Google snubs White House demand to see search requests

2006-01-20

U.S. government goes to court to force company to hand over records Michael Liedtke Sun SAN FRANCISCO -- Google Inc. is rebuffing the Bush administration's demand for a peek at what millions of people have been looking up on the Internet's …

Pricey land purchases may hurt some condo projects

2006-01-20

Bruce Constantineau Sun Some B.C. condominium projects will fail in the future because inexperienced developers are paying too much money now for land in "silly purchases" that can't be justified, Concert Properties president David Podmore …

Work meets play with lighter, faster computer notebooks

2006-01-19

Peter Wilson Sun Work and play will blend more and more for British Columbians in 2006 as lighter, faster wireless notebook computers -- complete with surround sound, enhanced graphics and high-definition TV -- make their way into the hands…

Restaurant Update for January 19, 2006

2006-01-19

Sun WEST COAST Aurora Bistro The first fine dining room on Main St. Inventive food, hip spot. 2420 Main St., 604-873-9944. $$ Bishop's Consistently one of the city's best. Almost 100 per cent organic foods. 2183 West Fourth Ave., 604-738-20…

Restaurant listings January 19, 2006

2006-01-19

Sun WEST COAST Aurora Bistro The first fine dining room on Main St. Inventive food, hip spot. 2420 Main St., 604-873-9944. $$ Bishop's Consistently one of the city's best. Almost 100 per cent organic foods. 2183 West Fourth Ave., 604-738-20…

Turning kids on to science - province wide

2006-01-18

Science World BC Province At the close of the 2005/2006 school year, over 55,000 of British Columbia's K-7 students will have visited Science World at Telus World of Science for FREE! And that's only the beginning. Science World is determin…

Province's real estate sales reach record levels in 2005

2006-01-18

Unit sales expected to slow this year as interest-rate hikes cool demand throughout market Derrick Penner Sun British Columbia 's total 2005 real estate sales topped out at a record 106,290 transactions worth some $35.3 billion, the highest…

Non-residential construction reaches $3.86 billion, Statistics Canada reveals

2006-01-18

Nationally, $30-billion barrier broken for the first time, due to gains in B.C. and Alberta Derrick Penner Sun Non-residential construction investment in British Columbia saw a big gain in the fourth quarter to push up total 2005 spending t…