Real Estate

May 15, 2019
Canada’s hot luxury real estate spots: report
Felicity Stone

Housing prices are rising in Ottawa, Montreal and Toronto, but it’s a different story in the West: Vancouver and Victoria are now buyer’s markets, and B.C. prices are expected to stabilize, according to the new Canadian Spring Market Report from global luxury real estate firm Engel & Völkers. In March, Metro...

May 10, 2019
Office Space: Mad men rule at Vancouver's Modern Craft agency
Felicity Stone

Digital agency veterans John Ounpuu, Nathan Paziuk and Randy Siu formed Vancouver-based Modern Craft in 2014 to help other firms’ marketing departments navigate a new world of changing technology. The 15-member team recently moved from Gastown to the 17th floor of a ’60s office tower overlooking Coal Harbour. Asked for...

May 7, 2019
Location, location, location: 3 things Canadians look for when buying a house
Juan Rivera

“Close to transit” might just be the best three words a family can hear when searching for a house. Real estate powerhouse Sotheby’s International Canada and market research firm Mustel Group released the results to its Family Home Ownership Trends Report: Neighbourhoods “in Transit,” which sought to investigate location factors that...

May 2, 2019
Big Fat Deal: $7.5 million to retire in style in West Vancouver
Fiona Morrow

Address: 6-2142 Argyle Avenue, West Vancouver Price: $7,500,000 Listing: R2363916 The skinny: Two-bedroom, three-bathroom, 2,372-square-foot condo in Dundarave The bling: It’s that time. Time to downsize, to reduce your footprint, to take life a little easier. You worked hard, you’ve lived a (very)...

Apr 25, 2019
Big Fat Deal: $13 million to live like Liberace in South Granville
Fiona Morrow

Address: 1588 West 54th Avenue, South Granville Price: $12,888,888 Listing: R2347935 The skinny: Eight-bedroom, 10-bathroom, 8,364-square-foot house on a 12,537-square-foot lot in South Granville The bling: Well, by gosh, by golly: what a lot you get here for your lolly. Seriously, this is a veritable behemoth...

Apr 24, 2019
Vancouver-based Lendesk acquired by U.S. lending giant
Juan Rivera

The biggest mortgage lender in the U.S. is about to get a new Canadian addition to its family. This morning, Rock Holdings, parent company of lending giant Quicken Loans, announced the acquisition of a majority stake in Lendesk, a Vancouver-based mortgage tech company that...

Apr 24, 2019
Vancouver ranked most expensive city to build in nationally, 14th in the world
Juan Rivera

Those building in the Lower Mainland, like those living in it, are feeling the squeeze. Vancouver is Canada’s most expensive city in which to build and the 14th priciest in the world, according to U.K.-based professional services firm Turner & Townsend’s latest International Construction...

Apr 4, 2019
Big Fat Deal: $5 million for an exhibitionist’s dream home in Richmond
Fiona Morrow

Address: 9660 Herbert Road, Richmond Price: $5,360,000 Listing: R2331545 The skinny: Five-bedroom, six-bathroom, 4,430-square-foot house on a 10,604-square-foot lot in Richmond The bling: You can have anything you want—for a price. We all know it. And if your heart’s desire is to flaunt your fabulousness to...

Apr 3, 2019
Conwest’s Latest Development Is a Game Changer for Mount Pleasant

BCBusiness + Conwest Group of Companies You don't often see preservation bonding with modernizationthe way it should: twinning the past with progress. Conwest Group of Companies is taking on the challenge to adapt a historic residence for new use in Vancouver's Mount Pleasant.

Apr 2, 2019
Property Watch: Will the federal government throw the housing market a lifeline?
Steve Saretsky

Following a barrage of criticism and growing angst within the real estate industry, Office of the Superintendent of Financial Institutions (OSFI) assistant superintendent Carolyn Rogers faced the noise in a recent speech to the Economic Club of Canada. Rogers reminded the...

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