Business - Real Estate top stories
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Home sales hit record 5,000 in March in Vancouver area

For the first time in the Vancouver area, more than 5,000 homes have sold in a single month. A total of 5,173 residential properties were sold in the region in March, marking a 27.4-per-cent increase over March 2015 and a 24-per-cent increase over February 2016, according to the Real Estate Board of Greater Vancouver. “March […]

Mon Apr 4, 2016 22:13
CMHC tracks apartment turnover in Vancouver's hot rental markets

Results from Canada Mortgage and Housing Corp.'s first-ever rental turnover survey in Metro Vancouver points to a migration of rental demand from the pricier centre to less-expensive suburbs.

Wed Mar 30, 2016 07:01
Barbara Yaffe: Seniors ready to retire still facing large personal debts

Vancouver-area seniors tend to be viewed as equity-rich fat cats with paid-off homes to finance their post-employment years. As the myth goes, these folks sell their West Side homes for millions, then relocate to stylish condos or retreats in Sechelt or Qualicum Beach while having enough left over to dole out downpayments on housing for their children.

Wed Mar 30, 2016 01:08
English Tudor heritage home from 1922 could face wrecking ball in Vancouver

Vancouver's heritage homes seem to be disappearing as rapidly as the original forest they replaced.

Tue Mar 29, 2016 05:33
Airbnb's popularity has cities around the world on edge

Across North America, city governments and neighbourhood activists are worried that the exploding popularly of Airbnb is hurting neighbourhoods and putting a strain on rental housing stock, as landlords choose the lucrative option of short-term rentals over long-term tenants.

Fri Mar 25, 2016 21:10
Chinese investors buy one-third of Vancouver homes: National Bank estimate

Buyers from China comprised about one-third of purchases of Vancouver’s hot housing market in 2015, according to “back of the envelope calculations” by National Bank of Canada. Chinese investors spent about $12.7 billion on real estate in Vancouver in 2015, or 33 percent of its $38.5 billion in total sales, according to a note […]

Wed Mar 23, 2016 22:24

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