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The Real Estate Board of Greater Vancouver (REBGV) reported a strong start for home sales in Metro Vancouver in January 2024. Residential sales surged by 38.5% compared to January 2023, totaling 1,427 units. This increase favored sellers, signaling a shift…
The ambitious high-rise project in Vancouver’s West End is facing a multitude of challenges, as developers find themselves in receivership, according to recent filings in the Supreme Court of British Columbia. The venture, located at the intersection of 830-850 Thurlow…
In December 2023, the Metro Vancouver residential real estate market demonstrated mixed signals, with total residential sales reaching 1,345, marking a modest 3.2% increase from the same month in 2022. However, this uptick in sales was notably below the 10-year…
The City of Vancouver and the Canadian federal government have reached a housing deal through the Housing Accelerator Fund, aiming to construct over 40,000 homes in Vancouver within the next decade. The agreement, announced during a press conference with Prime…
As of December 4, 2023, Metro Vancouver is experiencing a notable surge in housing inventory, providing home buyers with the most extensive selection since 2021. The Real Estate Board of Greater Vancouver (REBGV) reports a 4.7% increase in residential sales…
The Metro Vancouver housing market remained steady in October 2023, as indicated by an increase in newly listed properties providing more options for homebuyers. However, despite this rise in listings, sales figures continued to lag behind long-term averages, reflecting a…
In the dynamic real estate landscape of Metro Vancouver, the month of July 2023 witnessed yet another upswing in home prices across all types of properties, fuelled by a robust sales surge. This ongoing trend of price escalation is…
