Real Estate News & Articles

Real estate not always a great investment, new survey says

2004-06-22

In past 10 years, other cities have fared better than Vancouver Sun CREDIT: Graphic: Vancouver Sun; Source: Century 21 VANCOUVER: POINT OF LOW RETURN: A new survey by Century 21 Canada shows that a highly indebted Greater Vancouver homeowne…

Economic optimism in BC is 'stunning'

2004-06-20

Brian Lewis Province A majority of British Columbians now say that the province's economy is "good" or "very good," according to new survey numbers that pollster Ipsos -Reid describes as "stunning." In fact, the six-in-10 B.C. respondents, …

High Life in Coal Harbour - The Melville

2004-06-20

The Melville will be the tallest residential tower in Vancouver Jeani Read Province   CREDIT: Jon Murray, The Province Smart undermount sinks in the bathrooms (left) and the stylish, spacious bedroom.   CREDIT: Jon Murray, The Pro…

Developer returns, with God's Help - Freesia

2004-06-19

Former Concord Pacific executive Henry Man is selling condos again Wyng Chow Sun   CREDIT: Vancouver Sun Henry Man plans to launch a 185-unit, $50-million building called Freesia at Seymour and Helmcken. Ending his retirement was pre-o…

Virtu good for shoppers, theatre-goers

2004-06-19

South Granville tower ready for occupancy in spring '06 Sun   CREDIT: Bill Keay, Vancouver Sun Virtu CREDIT: Bill Keay, Vancouver Sun (Kitchen) VIRTU Address: 1650 West Seventh, Vancouver Developer: Amacon Architect: Larry Doyle Archit…

Living on the Edge: Soma Lofts

2004-06-19

Michael Sasges Sun   CREDIT: Stuart Davis, Vancouver Sun A whole lot of storage in the kitchen is part of the SOMA attraction for buyers Shelley Mantei and Chris Huggins.   SOMA Address: 2635 Prince Edward, Vancouver Developer: Bo…

Developer returns, with God's help

2004-06-19

Former Concord Pacific executive Henry Man is selling condos again Sun Henry Man plans to launch a 185-unit, $50-million building called Freesia at Seymour and Helmcken. Ending his retirement was pre-ordained, he says. Real estate executive…

BC Economy Gets Going

2004-06-18

Sun Here are great facts about our economy We're optimistic overall British Columbians are the most optimistic about their province's future of any of the western provinces. More than 46 per cent of us believe BC will be better off in five …

The First Wave Boomers Redefine The Golden Years

2004-06-18

Sun Did you know: •12% of Vancouver residents are aged 65 and over. •94% of seniors aged 65 and over live in a private household. Of those 65 plus 28% live alone, compared with just 5% of those aged 20-64. Source: Stats Canada &…

BC Housing Prices to rise 15% this year & 10% next year

2004-06-18

Wyng Chow Sun British Columbia 's real-estate boom is forecast to last beyond 2005, with prices expected to rise another 15 per cent this year and a further 10 per cent the year after that. Helmut Pastrick , chief economist for Credit Union…

Housing Sales Surge Higher

2004-06-17

May was the third month that more than 10,000 housing units were sold across B.C. Wyng Chow Sun Residential property sales across B.C. are poised to shatter records set last year in terms of units sold and dollar volume, according to the la…

Hot Sales Sign of Good Times

2004-06-17

Brian Lewis Province A strengthening economy in B.C. and across Canada continues to support the province's super-heated housing market, new data released yesterday show. The B.C. Real Estate Association report said that 10,048 homes sold on…

Storyeum is a magical celebration of history

2004-06-13

Mike Roberts Province While I don't typically write about entertainment products in this space, I find that we -- as a people, city and region -- are too often reluctant to pull out the pom-poms and noisemakers and get behind a good thing. …

Olive - What goes into naming a building

2004-06-12

Brian Morton Sun   CREDIT: Mark van Manen, Vancouver Sun Developer Cameron McNeill (foreground) and his partners are inviting the public to name a new 33-storey residential tower to be built at Seymour and Drake in downtown Vancouver W…

Job growth, not speculative buying, is what's driving our property boom

2004-06-12

Bob Ransford Sun Everyone likes to talk about the speculative nature of the real estate market, especially when today's housing prices match or outpace the high point in the last cyclical curve or when prices are at the bottom of the trough…

Leaky plumbing draws funds

2004-06-12

Sun VANCOUVER -- Canadians with leaking polybutylene plastic plumbing or heating systems can now apply for compensation from a $20-million class action settlement reached with Shell Oil Co. Another defendant, E.I. DuPont de Nemours and Co. …

Convention centre to get 'living roof'

2004-06-12

ENVIRONMENT I Six acres of plants to cool building, provide habitat, clean air Steve Whysall Sun VANCOUVER I Vancouver's $535-million convention centre expansion is to have one of the biggest "green roofs" in North America . Measuring almos…

Vancouver's own Shangri-La

2004-06-11

15 floors of the city's tallest tower will be used to accommodate the luxury hotel Wyng Chow Sun A world-class luxury Shangri-La hotel is being developed on a prime downtown site as part of a $350-million 60-storey commercial-residential to…

Calling for a revolution

2004-06-11

VoIP could be most important shift in modern communications history Jim Jamieson Province In many ways, the telephone conversation I had this week with Ron Ferro encapsulated why there is so much excitement about voice over Internet technol…

Long-term mortgages expected to rise by fall

2004-06-09

Governor David Dodge holds the line on interest rates for now Michael Kane Sun Tuesday's decision by the Bank of Canada to hold the line on interest rates may be the last call for Canadians to make important decisions about their mortgage. …

Housing boom creates 8,000 jobs this year

2004-06-09

Condominium construction jumps 93 per cent in five months Wyng Chow Sun   CREDIT: Ian Smith, Vancouver Sun Construction continues at Concord Pacific's King's Landing condos near foot of Homer, where 136 units in two towers have been sn…

U.S. Buyers Love Vancouver

2004-06-07

Lower Mainland safe, attractive and has cheaper housing prices Wyng Chow Sun   ...Yaletown Park CREDIT: Vancouver Sun File   It's a similar story for The Shaw Tower and ... CREDIT: Vancouver Sun File   The penthouse in the Ca…

Gastown companies have high hopes for Storyeum

2004-06-07

John Bermingham Province Gastown's business community hopes Vancouver 's newest tourist attraction, Storyeum , turns its cobbled streets into gold. Storyeum predicts it will attract up to one million visitors a year for its 70-minute underg…

King Edward Village, 1432 Kingsway

2004-06-05

Sun   Businessman Brad O'Connell has bought a King Edward condominium. 'I think this will have a positive impact on the area, which is changing.   CREDIT: Ian Smith, Vancouver Sun KING EDWARD VILLAGE Address: 1432 Kingsway, Vancou…