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Real Estate News

High-stakes Burnaby bowling-alley deal unenforceable, ‘tainted by illegality’: judge

High-stakes Burnaby bowling-alley deal unenforceable, ‘tainted by illegality’: judge

Real estate agent for both parties withheld information from owner about rezoning potential of property now worth $86 million.
Richmond council rejects further push for empty-homes tax

Richmond council rejects further push for empty-homes tax

Richmond city council is not pushing for an extra empty-homes tax, but they are going to ask the province to return the tax it collects on vacant homes to municipalities. Coun.
Two-tower residential project seeks approval in Vancouver

Two-tower residential project seeks approval in Vancouver

The 43- and 48-storey development aims to become the first residential Passive House highrise in the city
Full and fuller: Hotels, office space face record-low vacancies

Full and fuller: Hotels, office space face record-low vacancies

“The news goes from bad to worse,” a recent office report warns, adding: “Lower rents are unlikely, even with pending new supply"
Big self-storage players muscle out mom-and-pop firms

Big self-storage players muscle out mom-and-pop firms

Major companies buying smaller storage companies for better land values, while real estate investment trusts turn to sector for higher investment yields
Two-bed apartments in Vancouver cost nearly $3,000, says report (INFOGRAPHIC)

Two-bed apartments in Vancouver cost nearly $3,000, says report (INFOGRAPHIC)

But Vancouver is not the most expensive city in Canada to rent one-bedroom units, according to Rentals.ca
Nearly $90B in equity wiped off Lower Mainland home values in past year (INFOGRAPHIC)

Nearly $90B in equity wiped off Lower Mainland home values in past year (INFOGRAPHIC)

Report reveals average amount lost per household in individual municipalities, and percentage of equity lost
Opinion: Housing shortage is feeding rental fraud

Opinion: Housing shortage is feeding rental fraud

There is no denying that we are in a housing crisis and that is tough enough, but the fact that people are using this to their advantage to scam others out of their rent money is awful.
Housing shortage is feeding rental fraud

Housing shortage is feeding rental fraud

There is no denying that we are in a housing crisis and that is tough enough, but the fact that people are using this to their advantage to scam others out of their rent money is awful.
How much time does it take to buy a home? (INFOGRAPHIC)

How much time does it take to buy a home? (INFOGRAPHIC)

Survey calculates average hours spent searching online, driving around, viewing homes – and losing sleep