Vancouver Real Estate November 10, 2018

Story image for Vancouver Real Estate from The Globe and Mail

Startup allows small-time investors to get in on Vancouver’s real-estate …

The Globe and Mail-Nov. 10, 2018
Mr. Maynard already owns property in Vancouver, but he wanted another real estateasset, because he believes it’s a far more reliable investment than products …

Story image for Vancouver Real Estate from Globalnews.ca

Real Estate Board of Greater Vancouver launches ad campaign to …

Globalnews.caNov. 7, 2018
As the real estate market shifts, the Real Estate Board of Greater Vancouver is … Housing market continues to cool in Metro Vancouverreal estate board says.

Story image for Vancouver Real Estate from Vancouver Courier

Pumpkin carving mocks Vancouver’s real estate market

Vancouver CourierNov. 3, 2018
Pumpkin carving mocks Vancouver’s real estate market … fellow team members’ entry was a humorous take on how ridiculous Vancouver’s real estate market is.

Vancouver luxury property market ranked world’s worst

Business in VancouverNov. 7, 2018
Vancouver is now ranked as the worst place in the world for luxury homebuyers seeking a return on their investment, according to a global survey of 43 “prime …

Story image for Vancouver Real Estate from Vancouver Is Awesome

This carved pumpkin takes a jab at Vancouver’s scary real estate market

Vancouver Is AwesomeNov. 4, 2018
This pumpkin carving is not like the others. It doesn’t spook you with its glaring eyes or jagged smile. It’s much more frightening than that. This year, Deva, 33, …

Story image for Vancouver Real Estate from Better Dwelling

Vancouver Real Estate Sales Hit 6 Year Low, Inventory Rises To 4 …

Better DwellingNov. 5, 2018
Vancouver real estate continued its mild slump. Real Estate Board of Greater Vancouver (REBGV) numbers showed slowing demand in October. Home sales in …

Story image for Vancouver Real Estate from Vancouver Courier

Home prices will continue to ‘soften’ over next two years: forecast

Vancouver CourierNov. 6, 2018
The next two years in Metro Vancouver real estate will continue to see lower sales and higher inventories of homes available for purchase than in recent years, …

Story image for Vancouver Real Estate from Burnaby Now

Burnaby real estate offers much better value than neighbouring cities …

Burnaby NowNov. 7, 2018
Despite the recent market slowdown, condos in downtown Vancouver and detached houses on the West Side are the two most expensive markets in Canada …

Story image for Vancouver Real Estate from Globalnews.ca

Langley condo market is ‘insane’ as listings quadruple, local real …

Globalnews.caNov. 5, 2018
Looking at stats from the Real Estate Board of Greater Vancouver, Steve Saretsky said inventory has nearly quadrupled in the last 12 months, a six-year high.

Story image for Vancouver Real Estate from Toronto Star

Buyers need a $163000-income to afford a home in Vancouver, study …

Toronto StarNov. 8, 2018
Vancouver tops the list in a survey conducted by real estate data website Zoocasa: its gap between actual and required income required is $98,000.

Story image for Vancouver Real Estate from The Globe and Mail

The priciest to cheapest housing markets per square foot, from (gasp …

The Globe and MailNov. 8, 2018
Alberta: “Alberta real estate prices have been soft over the last year, falling in most … “Expensive housing markets such as Vancouver and Toronto slowed down …

Story image for Vancouver Real Estate from HuffPost Canada

Foreign Buyers Tax May Become Reality In Montreal As Housing …

HuffPost CanadaNov. 6, 2018
With Toronto slowly emerging from a real estate slump that has bitten into prices and sales over the past year-and-a-half, and Vancouver’s housing market “in …

Story image for Vancouver Real Estate from Vancouver Courier

BC government launches promised condo flipping registry

Vancouver CourierNov. 5, 2018
The promised condo-flipping registry, designed help crack down on tax evasion and create transparency in B.C.’s real estate market, was launched November 5 …

You now need $100-163K income to buy a typical Metro Vancouver …

Vancouver Is Awesome-Nov. 10, 2018
Buying a typical Metro Vancouver home at the current benchmark price … in Vancouver proper, according to a new study by real estate website Zoocasa.

Real estate survey: Vernon tops Kelowna in price per square foot costs

Globalnews.ca-Nov. 10, 2018
Real estate survey: Vernon tops Kelowna in price per square foot costs … Overall, Vancouver houses came in at $856 PPSF, down from $890 last year, due to …

Labour, materials cause big spike in BC construction costs

Real Estate News EXchangeNov. 8, 2018
… and shortages in the Metro Vancouver construction labour pool are to blame, panelists noted at the Vancouver Real Estate Strategy and Leasing Conference …

Home sales across BC to bounce back next year, claims forecast

Vancouver Is Awesome-Nov. 10, 2018
… cent lower in 2018 than last year, they will bounce back by around half that in 2019, according to a November 8 forecast by the B.C. Real Estate Association.

What You Need To Earn To Afford A Single-Family Home Across …

HuffPost Canada-Nov. 10, 2018
The National Bank’s report shows that Vancouver real estate prices have risen to the point that you would need a household income of $238,818 to qualify for a …

Buying typical Metro Vancouver home requires $100-163K income …

Vancouver CourierNov. 8, 2018
Buying a typical Metro Vancouver home at the current benchmark price … in Vancouver proper, according to a new study by real estate website Zoocasa.

Canadian vs US real estate: Winner and loser since 2008 …

Vancouver CourierNov. 5, 2018
This infographic from a new study by real estate website Point2Homes tells the story of the past decade in real estate across both countries. And in terms of …

Story image for Vancouver Real Estate from Daily Hive

Daily Hive

Stay-home seniors skew retirement home outlook

Business in VancouverNov. 7, 2018
For non-heavy care senior housing in Vancouver, the monthly costs range from $1,900 to $2,899 per month, but the vacancy rate is 0.6%, CMHC reports, down …

Story image for Vancouver Real Estate from Mortgage Broker News

Vancouver sales activity is feeling the pinch

Mortgage Broker NewsNov. 7, 2018
Vancouver sales activity is feeling the pinch … homes in Vancouver, according to October numbers from the Real Estate Board of Greater Vancouver (REBGV).

Story image for Vancouver Real Estate from Straight.com

Federal agencies suggest foreign home buying isn’t that extensive, but …

Straight.comNov. 7, 2018
With climate change and foreign buying of residential real estate, I’ve noticed that … CMHC reported that 68 percent of Vancouver respondents to its survey …
Montreal May See A Foreign Buyers Tax Soon As Housing Market …
Shupilov Real Estate News (press release)Nov. 7, 2018

Story image for Vancouver Real Estate from Globalnews.ca

Housing sales will fall this year, rise next year: BC Real Estate …

Globalnews.caNov. 8, 2018
Housing sales will fall this year, rise next year: B.C. Real Estate Association … READ MORE: Real Estate Board of Greater Vancouver launches ad campaign to …

Story image for Vancouver Real Estate from Times Colonist

Victoria houses offer much better value than Metro Vancouver’s: survey

Times ColonistNov. 7, 2018
Victoria houses offer much better value than Metro Vancouver’s: survey … The real estate brokerage said that per-square-foot prices were calculated by Century …

Story image for Vancouver Real Estate from CBC.ca

Pilot program to cut building permit times for Vancouver houses shows …

CBC.caNov. 7, 2018
Pilot program to cut building permit times for Vancouver houses shows promise … Brendon Ogmundson, deputy chief economist of the B.C. Real Estate …

Story image for Vancouver Real Estate from Vancouver Courier

A tour of the Millionaire Lottery’s Grand Prize Vancouver penthouse …

Vancouver CourierNov. 10, 2018
With prize home lottery season in full swing, we were given a private tour of one of the Millionaire Lottery’s seven prize home options – a two-level penthouse at …

Story image for Vancouver Real Estate from Real Estate News EXchange

PortLiving Gateway to bite into Vancouver industrial shortage

Real Estate News EXchangeNov. 6, 2018
PortLiving will take a small bite out of Vancouver’s extremely tight industrial market with a development in the most northeastern corner of the city.

Story image for Vancouver Real Estate from The London Free Press

Can the co-working revolution in office real estate survive a market …

The London Free PressNov. 8, 2018
Instead, it’s a real estate company that makes flexible office space available to … in Canada’s large urban labour markets of Toronto, Montreal and Vancouver.

Story image for Vancouver Real Estate from Straight.com

Home search: Musician beats interest-rate hike

Straight.comNov. 7, 2018
Mendes was renting in Vancouver, and with Morrison’s guidance, he began to … In Surrey’s city centre, Fraser Valley Real Estate Board figures show that the …

Story image for Vancouver Real Estate from Better Dwelling

Toronto Real Estate Board Sales Jump, Most October Inventory Since …

Better DwellingNov. 5, 2018
Toronto Real Estate Board (TREB) numbers in October showed huge ….. Numbers from MLA Canada, a Vancouver-based real estate advisory firm, show a huge …

Story image for Vancouver Real Estate from Western Investor

Two downtown Vancouver office buildings acquired for $57.5M

Western InvestorNov. 7, 2018
Two Class A office buildings in downtown Vancouver have been acquired by a Toronto-based real estate manager and developer for $57.5 million.

Story image for Vancouver Real Estate from Better Dwelling

BoC: Canadian Real Estate Affordability Improved This Year

Better Dwelling-Nov. 10, 2018
Canadian real estate became slightly more affordable this year. … Even though it’s high, expect it to be much higher in cities like Toronto and Vancouver.

Innovation on tap for Vancouver’s craft brew crew

Business in VancouverNov. 6, 2018
Yet stiff competition, rising costs of business and real estate and looming market disruption from legal cannabis have all put pressure on Vancouver brands to …

For the record, November 6, 2018

Business in VancouverNov. 6, 2018
Recent additions to the firm’s Vancouver office include Lisa Frey, real estate group; Yumeng Zhu, real estate group; Mona Ying, banking and debt financing …

Vancouver expects $30 million in first year of empty homes tax

Vancouver CourierNov. 7, 2018
VANCOUVER — The City of Vancouver says it has collected $18 million from the first year of its empty homes tax and another $12 million could still flow into its …

Metro Vancouver home sales plunge 35% in October

Vancouver Is AwesomeNov. 2, 2018
Home sales across the region took a drubbing in October, plummeting 34.9% compared with the same month a year ago. The Real Estate Board of Greater …

Meet ‘Henry’ – the new target for luxury condo builders

Vancouver Is AwesomeNov. 8, 2018
Luxury condo developers and others aiming at the high-end consumer market have a new target on their radar: “Henry” – an acronym for young adults who are …

Three residential buildings on Vancouver’s Urban Design Panel …

Vancouver CourierNov. 7, 2018
A proposal for a four-storey mixed-use residential building in Strathcona and two other proposals for residential buildings envisioned on sites near Queen …

Kennedy Stewart and new Vancouver council must counter public …

Straight.comNov. 6, 2018
Kennedy Stewart and new Vancouver council must counter public ignorance … Public education about realestate economics should be near the top of the …

Story image for Vancouver Real Estate from Vancouver Courier

Three residential buildings on Vancouver’s Urban Design Panel …

Vancouver CourierNov. 7, 2018
A proposal for a four-storey mixed-use residential building in Strathcona and two other proposals for residential buildings envisioned on sites near Queen …

Story image for Vancouver Real Estate from Straight.com

Kennedy Stewart and new Vancouver council must counter public …

Straight.comNov. 6, 2018
Kennedy Stewart and new Vancouver council must counter public ignorance … Public education about realestate economics should be near the top of the …

Story image for Vancouver Real Estate from Vancouver Courier

Squamish residents preview plans for waterfront homes, park

Vancouver CourierNov. 6, 2018
Asked if he was concerned about all the talk of falling real estate prices in the … Last month’s home sales in Metro Vancouver were 26.8 per cent below the …

The parallels between David Eby and Mackenzie King

Straight.comNov. 5, 2018
Eby moved to Vancouver after graduating from Dalhousie’s law school in Halifax in … He focused on foreign buying of real estate in Vancouver—and the lack of …

Commercial real estate investment trust expands BC footprint

Mortgage Broker NewsNov. 10, 2018
True North Commercial Real Estate Investment Trust has announced the … True North’s acquisition enjoys close proximity to Vancouver International Airport.
True North Commercial Real Estate Investment Trust Closes …
Canada NewsWire (press release)Nov. 7, 2018

Vancouver highrise sold for more than $10M above assessed value

Western InvestorNov. 7, 2018
A highrise apartment near the Davie Village has sold for $36,010,000, Avison Young Commercial Real Estate reports. The 11-storey building has 62 units and …

Blame ‘stringent’ rules for Parq casino refusing Drake: sources

CTV NewsNov. 5, 2018
The refusal by a downtown Vancouver casino to accept money from a popular … Province to probe money laundering in real estate, luxury car industries.

Vancouver Home Sales Fall Again, What Does This Mean For Toronto?

Toronto Storeys (blog)Nov. 5, 2018
Vancouver home sales are down once again. In a recent report from the Real EstateBoard of Greater Vancouver, sales volume for all housing types in …

Middle Ground: Are smaller homes the answer to BC’s affordability …

BCBusinessNov. 7, 2018
In response, in 2012 he and Bob Ransford, now VP development at real estate firm Century Group in Vancouver, founded Small Housing BC (SHBC), …

Vancouver’s new councillors weigh in on prospect of a city-wide plan

Vancouver CourierNov. 5, 2018
We need to engage with the residents of Vancouver and determine what kind of city … The urgency that vulnerable people in Vancouver are experiencing is real.