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Blog & News: Vancouver Real Estate Market

The British Columbia Real Estate Association (BCREA) released 2016 First Quarter Housing Forecast Update today.

 

BCREA 2016 First Quarter Housing Forecast Update

 

Multiple Listing Service® (MLS®) residential sales in the province are forecast to edge back 6.2 per cent to 96,100 units this year, after reaching 102,517 units in 2015. Strong consumer demand is expected to push MLS® residential sales up by 2 per cent to 98,000 units in 2017.  


Housing demand in the province is being supported by a relatively robust economy,...

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Canada’s residential real estate market showed strong growth in the fourth quarter of 2015, led by hot Vancouver and Toronto markets according to the Royal LePage House Price Survey[1] and Market Survey Forecast[2] released today. Looking forward to 2016, Royal LePage expects continued price increases in most markets, but not at the pace that has been the recent norm. Instead, the national real estate market is expected to slow later this year, principally due to the effects of a dampened economy...

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Vancouver's booming real estate industry is being targeted in a federal money-laundering audit that could potentially lead to massive fines and jail time for realtors.

     

Ottawa's increased examination of Vancouver real estate deals has been under way for several months and has been revealed in a Province investigation that obtained rare internal data and risk-analysis reports from Canada's financial intelligence unit, Fintrac.

 

Documents obtained under access to information...

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Part of Vancouver's new River District, One Town Centre will consist of a 19-storey residential tower, a townhome and retail podium, a midrise residential structure, and CLUB CENTRAL amenities building.

 

ARCHITECTURE

  • All elements are distinct yet complementary, creating a cohesive architectural form • Facades feature metal cladding and glass elements that reflect a modern interpretation of the area’s industrial heritage
  • The quality concrete buildings feature highly sustainable...
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Spectacular NW corner 871 sf, 2 bdrm & den, 2 bthrm at the award winning Residences on Georgia w/ panoramic views of English Bay, Lions Gate Bridge, Coal Harbour & mountains. Efficient floor plan featuring floor to ceiling windows,air conditioning, HW flrs, granite in the kitchen & marble counters in bathrooms. Entertainment sized balcony is a perfect vantage to enjoy the vistas. Built in 1997 the building features 24 hour concierge service, an exercise centre, meeting rms &more. A...

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