Vancouver Real Estate
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East Vancouver tower proposal revised again, this time with 100% rental unitsThe Broadway Commercial project now proposes towers that are 35, 36 and 39 storeys in height, containing 882 market-rate rentals and 99 below-market rentals.PoliticsFeb 6
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Vancouver region closes 2023 with higher home sales, average price of over $1.1 millionThe board says 1,345 homes changed hands in December, a 3.2 per cent increase from the same month in 2022, but 36.4 per cent below the 10-year seasonal average.EconomyJan 3
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Social housing waitlist grows 27 per cent in Metro VancouverMetro Vancouver's Housing Data Book for December 2023 shows BC Housing's wait-list grew 27 per cent in the region since 2022.PoliticsDec 22, 2023
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Vancouver home sales rise amid ‘balanced’ market as newly-listed properties add to supplyThe composite benchmark home price in November for Metro Vancouver was $1,185,100, a 4.9 per cent increase from November 2022 and a one per cent decrease from October 2023.EconomyDec 4, 2023
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Collapse at Coquitlam construction site leaves gaping hole in shoring wallWithin a minute, a massive section of the wall gives way to tonnes of soil, forming a gaping hole. As dirt piles up at the base of the site, the anchors can be seen sticking out.CanadaNov 30, 2023
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Vancouver Park Board fore-goes using golf course land for housing"As the city builds out to higher densities, these golf courses are critical large green space reserves for generations to come," states a report to the Vancouver Park Board.PoliticsOct 31, 2023
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B.C. urban planner swings big, advocates for new housing on public golf coursesUrban planner Patrick Condon admits its a political and controversial proposal, but he believes it makes good sense to build homes on public golf courses.PoliticsOct 4, 2023
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Vancouver’s industrial land shortage has reached ‘crisis’ level, report findsThe average cost of industrial land has tripled in the past five years, with average costs now roughly six times higher in Metro Vancouver than in Calgary, the report found.PoliticsSep 14, 2023
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Vancouver on track to see home price stabilization amid higher borrowing costs: BoardThere were 3,943 new listings last month, a roughly 18 per cent increase from a year earlier, but new listings remained 5.3 per cent below the 10-year seasonal average.EconomySep 5, 2023
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Tenants feel ‘real fear’ as rent for one-bedroom in Vancouver exceeds $3K"We don't honestly have sufficient protection of their tenancies in the law right now," said Robert Patterson of the Tenant Resource and Advisory Centre.EconomyAug 15, 2023
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