News
Published brokerage updates and market posts.
News
Published brokerage updates and market posts.
A recent survey reveals that B.C. homebuyers prefer ground-level homes over high-rise condos, reflecting a shift in buyer preferences towards more family-friendly living spaces.
Vancouver City Council has approved the rezoning of 888-896 Cambie St. in Yaletown, allowing for a new 29-storey tower that will feature a Marriott hotel and secured rental housing. This development aims to address the city's hotel room shortage and enhance local economic activity.
Vancouver's Mayor Ken Sim is advocating for changes to the city's building codes to align with provincial standards, aiming to address the growing housing affordability crisis. This motion seeks to facilitate faster housing construction amidst rising home prices and rents.
A recent study reveals that recreational properties are becoming a key entry point for new homebuyers in Canada, with 45% of prospective buyers considering them as a serious investment. This trend is particularly pronounced among younger Canadians aged 18 to 34.
The UBC SkyTrain line is set to open its first phase in 2027, significantly impacting transportation and real estate in Greater Vancouver. The project is closely tied to the development of the Jericho Lands community.
Metro Vancouver rents have decreased across all unit types, with one-bedroom units dropping to an average of $2,086. This trend reflects a broader easing in rental demand throughout the region.
The latest rent report for Metro Vancouver reveals significant trends in rental prices and availability, impacting both tenants and landlords. Understanding these changes is crucial for making informed real estate decisions.
The upcoming City Council meetings on May 19 and 20, 2026, will address significant issues including electronic billboards, developer bailouts, and several rezoning proposals that could impact Vancouver's real estate market.
A recent study reveals that recreational properties are transitioning from luxury escapes to viable financial investments for new buyers in Canada. This shift reflects changing perceptions about the value of cottages and cabins in the real estate market.
Israel and Elaine Shafran, owners of a $24 million mansion in Vancouver's Point Grey, are suing their neighbours for cutting down part of their privacy hedge without permission. The lawsuit highlights the complexities of property rights and neighbourly disputes in high-value real estate.
Average gas prices in Metro Vancouver increased by 5 cents per litre over the past week, reaching $2.17 as of Sunday. This marks a significant rise of 46.7 cents compared to the same day last year.
West Vancouver's new local area plan for the Taylor Way/Park Royal neighborhood could lead to the construction of up to 4,000 new apartments, including 27 highrise towers. This initiative is driven by a provincial directive aimed at increasing housing availability in the area.
