Cambie Corridor Planning Program: Phase 3 The Cambie Corridor is home to the Canada Line, which connects residents to jobs, amenities, and services throughout the Corridor and Vancouver. In 2009, we launched a three-phase planning program to guide long-term, transit-oriented growth in the Cambie Corridor. Phases 1 and 2 delivered land use policies for key […]
B.C. remains a seller’s market: B.C. Real Estate Association The B.C. Real Estate Association is out with its Third Quarter Housing Forecast update, and it’s predicting a 10% decline in the number of sales this year. But it says strong economic fundamentals are supporting consumer demand that is expected to keep home sales at elevated […]
Condominium sales drive August activity Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels in August. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,043 in August 2017, a 22.3 per cent increase from the 2,489 sales recorded in August 2016, and […]
The Bank of Canada (BOC) raised the prime rate by 0.25% today taking the last of the 2015 emergency stimulus out of the system. The rate increase was expected to happen in October, however the economic growth seen over the summer was enough for the BOC to make the move on 6th Sep 2017. So […]