Real Estate
The fast-paced Vancouver real estate market appears to have come to a screeching halt. The seller’s market saw home prices rise rapidly, leaving first-time homebuyers pulling their hair in many instances. The latest report by Toronto-based Zoocasa, however, suggests the detached market is beginning to plunge in all but one area. Some...
The game of supply and demand is alive and well in B.C.’s real estate market. While Vancouverites search for housing, don’t expect 2019 to provide much good news on that front. In its latest market intel report, real estate services...
Address: 4566 West 6th Avenue, Vancouver Price: $5,398,000 Listing: R2338236 The skinny: Seven-bedroom, seven-bathroom, 4,490-square-foot house on an 8,082-square-foot lot in Point Grey The bling: It’s all getting too much, out there. The Russians are hacking your Facebook, and your iPhone is listening to every word...
As expected, the B.C. government forged ahead with its speculation and vacancy tax, which took effect on January 1. This politically controversial yet publicly supported levy will penalize foreigners who don’t pay income taxes and leave a home empty for...
Address: 6858 Wiltshire Street, Vancouver Price: $5,980,000 Listing: R2335653 The skinny: Five-bedroom, six-bathroom, 5,143-square-foot house on a 9,497-square-foot lot in South Granville The bling: You’ve been looking for something nondescript, a little ugly even. The kind of house that doesn’t invite a second look, that quells...
You could see this coming. During the last quarter of 2018, the City of Vancouver’s industrial vacancy rate dropped again, from 1.7 to 1.4 percent, according to a new report from Los Angeles–based real estate services firm CBRE Group. The study, Vancouver Industrial Market Statistics, Trends and Projections, points out that industrial has never...
BCBusiness + Concord Pacific Park George Phase II marks the final opportunity for buyers to invest in and be part of Concord Pacific’s exciting Park Place master planned community — situated in the middle of one of the most significant technology and...
Address: 2288 King Road, Abbotsford Price: $4,888,000 Listing: 401305 The skinny: Seven-bedroom, 14-bathroom, 14,906-square-foot house on 12 acres in Abbotsford The bling: The world can feel like a very depressing place, we know. So much misery and hate—honestly, it’s incredible how maligned the wealthy among us can...
It’s no secret that office space in Vancouver is about as coveted as a Stanley Cup or a rain-free November. Even as the tailing-off of residential property assessments in the city has made headlines, office vacancies have remained among the lowest in North America. With that in mind, Vancouver-based iATS Payments...
BCBusiness + BC Assessment The increased value of commercial properties has sparked debate in the media about what is the true value of commercial properties in B.C. The truth is market demand for those properties is what really drives prices up or down