Real Estate

Busy auto body's West Sixth Ave. location to be replaced by nine-storey office tower

In not-so-surprising news, the latest Demographia study names Vancouver as the third least affordable city in a study of 293 metropolitan housing markets. It ranks just behind Hong Kong and Sydney.

Condos selling for above asking prices despite lending rate hikes and mortgage stress test

The barriers to development – such as restrictive zoning, lengthy permit processes and community opposition – are one of the key reasons that companies like Amazon won’t consider Vancouver for headquarters, according to a local developer.

I saw the bright pink signage driving south on Highway 99 towards the U.S. border. “DAWSON’S CREEK Townhomes. I don’t want to wait.

A huge home on “Billionaire’s Row” – Belmont Avenue in Point Grey, where two of B.C.’s five highest-valued properties are located – was the region’s priciest new MLS® listing of last week (January 8-14).

Fears of a new condo shortage in Vancouver have eased slightly as mandatory registrations of new strata units with BC Housing for warranty insurance increased through the second half of last year.

B.C. landlords want the province to follow the lead of Quebec and ban marijuana growing in private homes when recreational marijuana becomes legal under federal legislation on July 1. LandlordBC, an industry lobby group, is also pushing the B.C.

The median rental price of a one-bedroom Vancouver apartment has breached the $2,000-a-month milestone, according to rental website Padmapper in its monthly analysis of current listings.

The January 1 changes to Canada’s mortgage industry will remove up to 50,000 homebuyers from the market and threaten the entire economy, mortgage brokers warn.