Real Estate
Address: 1098 Wolfe Avenue, Vancouver Price: $12,980,000 Listing: R2307754 The skinny: Five-bedroom, six-bathroom, 5,766-square-foot house on a 17,991-square-foot lot in Shaughnessy The bling: It’s time you had it all. It really is. Living in the city can be such a drag—all those people getting in your way, parking...
As expected, housing loomed large in the first Vancouver mayoral debate before the province’s municipalities go to the ballot box on October 20. Eight candidates took the stage at the SFU Harbour Centre's Fletcher Theatre in an event hosted by several Glacier Media...
Address: 3491 Barmond Avenue, Richmond Price: $4,880,000 Listing: R2293726 The skinny: Five-bedroom, six-bathroom, 3,518-square-foot house on a 7,921-square-foot lot in Richmond The bling: Being excessively wealthy is not without challenges, we know. It’s easy to be envied by your employees (business and domestic) and...
A new study from Canadian real estate firm Zoocasa has found that there isn’t a single market across Metro Vancouver where a household earning the median income can afford homes for sale. The report used benchmark detached houses and apartment prices, as well as Statistics Canada data, to identify a massive gap between...
BCBusiness + Concord Pacific Concord Pacific is excited not only by the fact that the two-tower Park George is the final phase of its master planned Park Place community, but also because this residential development is located in Surrey City Centre...
Address: 1 Fawn Bluff Cove, Bute Inlet Price: $28,800,000 Listing:R2210154 The skinny: Four-building, 11-bedroom, 13-bathroom, 12,955-square-foot fishing lodge on 340 acres on Bute Inlet The bling: Here’s a nice luxury solution to an ever-growing problem otherwise known as the destabilization of the free world. Yes, we’d like...
Housing markets are highly correlated with mortgage debt. If such debt is increasing, you can expect house prices to rise, and if it’s decreasing, look for them to fall. This trend has been well documented by Steve Keen, an economics...
Address: 26122 82 Avenue, Langley Price: $5,250,000 Listing: R2240045 The skinny: Five-bedroom, nine-bathroom, 6,777-square-foot house on a 10-acre estate in Langley The bling: If money really does talk, then boy oh boy, it’s screaming at the top of its lungs over in Langley. That’s right: no matter that this...
Address: 4580 Marine Drive, West Vancouver Price: $16,580,000 Listing: R2281521 The skinny: Five-bedroom, seven-bathroom, 6,220-square-foot house on a 14,381-square-foot lot in West Van The bling: Oh my eyes! What a load of old shiny: you could eat yer dinner off any surface in this place, mate.
Home affordability depends not only on price but on the buyer’s income—personal finance experts recommend a price-to-income ratio no higher than 3. By that measure, nowhere in B.C. is truly affordable, according to a new ranking of 20 major B.C. cities from Canadian real estate website and brokerage Zoocasa.com. But some...