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  1. Hotel Vancouver (556 rooms) sold for $180M to West Vancouver Larco hospitality

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  2. Low Loonie and Interest Rates Driving Recreational Real Estate Sales: Royal LePage

    Cabin market “alive and well” in BC and across Canada, but some eastern BC areas affected by low energy prices, says annual recreational property report Joannah Connolly Other The low loonie and historic low interest rates have contributed to a surge in recreational real estate activity this spring, after a slow start to the year, […]

  3. Vancouver mayor urges premier to act on flipping

    Jamie HenryOther Property speculators are in the spotlight in Vancouver where the city’s mayor Gregor Robertson wants action to curb the practice of flipping. He also wants a new provincial tax on luxury homes and powers to tackle the issue of unoccupied homes. Referring to the city’s “worst ever housing crisis,” Mayor Robertson wrote in […]

  4. Ottawa resales strong in May

    Jamie HenryOther Sales of existing homes in the Ottawa market increased by 7.7 per cent in May compared to a year earlier. Data from the Ottawa Real Estate Board show that there were 1,926 residential properties sold in the month, beating the month’s five-year average of 1,812. Properties were on the market for an average […]

  5. Boom! Vancouver’s house prices hit new record

    Jamie HenryOther The average price of a detached single-family house in metro Vancouver has reached a new milestone: $1.1 million. The Real Estate Board of Greater Vancouver data shows sales of detached houses in May reached 1,723, an increase of 18.6 per cent from a year earlier. Apartment sales were up 24.4 per cent from […]

  6. Vancouverites Increasingly Turning to Real Estate Investment: BlueShore Financial

    More than 40 per cent of locals have invested or plan to invest in rental property to support retirement income, according to survey Joannah Connolly Other As real estate values continue to rise in Metro Vancouver, more Vancouverites are considering investment rental property as part of their retirement planning, according to a new survey by […]

  7. Vancouver’s million-dollar homes symbol of growing inequality

    Youth restless in a city divided by wealth inequity Jen St. DenisVan. Courier Brandon Williams is doing just as Vancouver real-estate industry insiders suggest. He lives and works in Vancouver, but soon he, his wife and his baby will move to Maple Ridge to pursue the dream of owning a house with a yard. Only […]