Real Estate

The recent slowdown in Western Canadian real estate activity has been hailed by many hopeful market-watchers as the beginning of a return to housing affordability.

Numerous architecturally interesting developments are proposed or coming to Vancouver.

While $1 million-plus home sales recovered overall in the second half of the year, $4 million-plus resale transactions declined further, especially among high-end condos.

"[T]he social and economic impacts of a massive development like St. Paul’s could be catastrophic for low-income residents living in nearby neighbourhoods."

Metro Vancouver’s vacancy rates have barely eased, and average rents are up nearly double the rent-control maximum, according to the annual nationwide rental survey.

Rat infestation, land assembly, and homelessness all factor into a new Vancouver play titled House and Home.

Of course, you will have to have somewhere to put it, and about $100K to move it there...

The building would be next to the historic Rogers building, and would impact the colourful Alley Oop space.

There were more residential transactions across the region in 2019 than in 2018, and benchmark home price is now above $1 million again.

The proposal is for a 14-storey rental building on the corner of West Broadway and Alma Street on the edge of Kitsilano.