Real Estate News

More than half of Metro Vancouver’s young families who own real estate but do not own a single-family home have given up on the dream that they will ever have one, according to a survey report released November 1.

If you have deep pockets and are looking for the most awesome house in Whistler for this ski season, look no further.

CMHC reported Vancouver as exhibiting three of the four risk factors for the year’s second quarter: Overheating, overvaluation and price growth acceleration.

Mallen Gowing Berzins Architecture designed and proposed the four-storey, 60-foot office and industrial building, to be constructed at 2425 Manitoba Street at West 8th Avenue. The northeast corner of the building features floor to ceiling windows, giving it its glass house appearance.

Realty brokerage Re/Max says sales of single-detached homes priced from $1 million to $2 million fell 35 per cent from a year ago in both Toronto and Vancouver.

Following a steep drop-off in Metro Vancouver homes searches by potential buyers in China, interest spiked again in 2018’s third quarter, according to data mined for Glacier Media by China's biggest international real estate website Juwai.com.

The largest Lower Mainland house to be newly listed on the MLS last week is this mansion in South Surrey’s chi-chi Panorama Ridge neighbourhood – and at $12,999,000, it came in as the region’s fourth-priciest new listing.

The data analysts at REW found that Vancouver property seekers on their portal have deep pockets (or high aspirations), with the most popular home search in the city a two-bedroom condo in the $1.25-1.5 million range.

Canada’s largest real estate markets are “catching their breath” from the frantic price rises seen over the past few years – but those crazy days could easily return, according to a report issued October 16 by real estate brokerage Royal LePage.

A 32-storey mixed-use building featuring a “vertical forest” of vines and ivy hanging down the exterior is proposed for a site across from Joyce-Collingwood SkyTrain station.