Under Real Estate News

SQUAMISH: SEA-TO-SKY CITY THE NEXT MAJOR EXURB

Squamish is both quickly becoming a commuter suburb of Vancouver, and undergoing an industrial expansion unseen in decades. And as more Lower Mainlanders are looking to Squamish as an option, driving up house prices. The benchmark price for a detached house increased 27 per cent from $658,600 to $836,100 between March 2015 and March 2016 alone. [read more]

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Vancouver Home Prices Will Be Higher This Time Next Year: Leading Economist

The “policy shock” of the new foreign buyer tax has created a “temporary market disruption” that will play out over the next three to six months, after which “market fundamentals” will mean the market recovers, according to a leading economist. [read more]

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MLS Medallion Club – Top 10% of Realtors in Vancouver

I would like to thank my family, friends and especially my clients who have trusted me with the purchase or sale of a home or investment property. 2015 was a banner year and I look forward to a busy and prosperous 2016. [read more]

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Land assembly largest in City of North Vancouver since the early 1980s

According to the city’s community development department, the assembly of lands in the area represents the largest assembly in the city since the early 1980s and creates special opportunities for the city and the applicant. [read more]

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Proposed strata changes potential ‘windfall’ for condo owners, developers

Tony Gioventu, executive director of the Condominium Home Owners’ Association, said in a statement that the proposed changes are a “welcome change for condo owners in B.C. who are struggling with aging buildings that are now imposing extremely high costs for renewals, and are prevented from considering redevelopment offers because they cannot obtain a unanimous vote of the strata.” [read more]

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It’s Cinderella time for North Vancouver as house prices shoot up

While Vancouver seems to be on a mission to tear itself down and start over again, North Vancouver, with its ranchers and split levels, has always felt like a trip back in time. It’s the place where you can live in a small house on a big lot and not lose sleep over the size of your mortgage. And it’s within walking distance of some of the best schools, ski hills and mountain biking trails. [read more]

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In 2014, Consumer Demand For Housing in BC Strongest in Five Years

“BC experienced a significant increase in housing demand last year,” said Cameron Muir, BCREA Chief Economist. “Not since the post-recession rebound of 2009 has the market posted such a turn around.” [read more]

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Single ladies drive Canada’s condo market

The one-person household is the fastest-growing category in Canada’s housing market as the population ages and more people opt to live alone. One-person “households are expected to show the fastest pace of growth to 2036, making it the single biggest type of household by the 2020s,” according to Canada Mortgage and Housing Corp. statistics for 2013. [read more]

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Vancouver Sun Editorial: If nobody can afford to buy, how are people buying?

If nobody can afford to buy, how are people buying?” That question, posed recently to delegates at a business conference in Vancouver by Cameron Muir, chief economist of B.C.’s real … [read more]

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High rise apartments approved for Capilano and Marine Dr

Towers are going up in Lower Capilano. In their last action before standing for reelection, District of North Vancouver council voted 5-2 to bring Larco's 451-unit development to the former CapWest Athletic Club site, located west of Capilano Road between Fullerton Avenue and Curling Road. [read more]

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Vancouver’s real estate forecast to stay hot into 2015

Foreign money and a robust provincial economy will preclude any cooling of Vancouver’s red-hot property market next year, according to a major real estate study being released Wednesday. Office space … [read more]

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