4. April 2016

Comments Off on Home sales hit record 5,000 in March in Vancouver area

Home sales hit record 5,000 in March in Vancouver area

For the first time in the Vancouver area, more than 5,000 homes have sold in a single month. A total of 5,173 residential properties were sold in the region in March, marking a 27.4-per-cent increase over March 2015 and a 24-per-cent increase over February 2016, according to the Real Estate Board of Greater Vancouver. “March […]
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30. March 2016

Comments Off on CMHC tracks apartment turnover in Vancouver’s hot rental markets

CMHC tracks apartment turnover in Vancouver’s hot rental markets

Results from Canada Mortgage and Housing Corp.'s first-ever rental turnover survey in Metro Vancouver points to a migration of rental demand from the pricier centre to less-expensive suburbs.
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29. March 2016

Comments Off on Barbara Yaffe: Seniors ready to retire still facing large personal debts

Barbara Yaffe: Seniors ready to retire still facing large personal debts

Vancouver-area seniors tend to be viewed as equity-rich fat cats with paid-off homes to finance their post-employment years. As the myth goes, these folks sell their West Side homes for millions, then relocate to stylish condos or retreats in Sechelt or Qualicum Beach while having enough left over to dole out downpayments on housing for their children.
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29. March 2016

Comments Off on English Tudor heritage home from 1922 could face wrecking ball in Vancouver

English Tudor heritage home from 1922 could face wrecking ball in Vancouver

Vancouver's heritage homes seem to be disappearing as rapidly as the original forest they replaced.
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25. March 2016

Comments Off on Airbnb’s popularity has cities around the world on edge

Airbnb’s popularity has cities around the world on edge

Across North America, city governments and neighbourhood activists are worried that the exploding popularly of Airbnb is hurting neighbourhoods and putting a strain on rental housing stock, as landlords choose the lucrative option of short-term rentals over long-term tenants.
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23. March 2016

Comments Off on Chinese investors buy one-third of Vancouver homes: National Bank estimate

Chinese investors buy one-third of Vancouver homes: National Bank estimate

Buyers from China comprised about one-third of purchases of Vancouver’s hot housing market in 2015, according to “back of the envelope calculations” by National Bank of Canada. Chinese investors spent about $12.7 billion on real estate in Vancouver in 2015, or 33 percent of its $38.5 billion in total sales, according to a note […]

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23. March 2016

Comments Off on Vancouver architects’ love of craft in construction helps couple win top award

Vancouver architects’ love of craft in construction helps couple win top award

Vancouver architects David and Susan Scott have woven their individual practices into one entity so successfully that judges on the Royal Architectural Institute of Canada’s selection panel couldn’t pick one over the other to bestow its 2016 Young Arch…

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23. March 2016

Comments Off on Federal government restarts housing programs with $2.3 billion

Federal government restarts housing programs with $2.3 billion

The federal Liberal government has jumped back into funding affordable housing initiatives, including programs to spur rental housing construction and bolster rent supplements.

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23. March 2016

Comments Off on Pete McMartin: The other side of the housing coin

Pete McMartin: The other side of the housing coin

Unless a buyer put a gun to your head and forced you to sell at a lavish profit, you don’t get to complain about it because if you see it as a problem, you are part of that problem, says Vancouver Sun columnist Pete McMartin.

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22. March 2016

Comments Off on Burnaby outpaces Vancouver in tower development

Burnaby outpaces Vancouver in tower development

Burnaby is putting up a forest of high-rise residential towers up to 65 storeys tall over the next 25 years, far outstripping anything Vancouver is contemplating.

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