News: Vancouver Real Estate Market

The City of Coquitlam adopted changes to the Housing Choices Program in July 2019. The Housing Choices Summary Guide will help you understand what the changes mean for your property.


Coquitlam's Housing Choices Program was approved in 2011, with the aim of creating new small-scale, ground-oriented housing options in specific residential areas of Southwest Coquitlam. See map below.


Click here for details on the latest development opportunity in the area.


The program permits a wide range of housing...

Read

May sees a 5 year high in housing supply and a modest increase in home sales.

Metro Vancouver home sales exceed 2,000 for the first time in 2019, while buyer demand remains below averages.

The Real Estate Board of Greater Vancouver (REBGV) reports residential sales in Metro Vancouver area totaled 2,638 in May 2019, a 44.2% increase from the 1,829 homes sold in April 2019.

"High home prices and mortgage qualification issues caused by the federal government’s B20 stress test remain significant factors behind the reduced demand that the market is experiencing today," Ashley...

Read

 

 

During its first five days of operation, 45,000 Compass cards were used on the new Evergreen SkyTrain extension, according to early data from TransLink.

 

“We’ll be studying it more going forward, but it’s off to a pretty good start,” TransLink CEO Kevin Desmond said Thursday after a board of directors meeting, noting the figure is more than the populations of Port Moody, Anmore and Belcarra combined. “A lot of people are trying the system out.”...

Read