B.C. real estate: Bidding wars again hitting high-end housing market

Credit to Author: Joanne Lee-Young| Date: Wed, 24 Feb 2021 17:41:52 +0000

One recent sale went more than $1.6 million over the asking price, while another went $700,000 higher.

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Metro Vancouver’s presale condo market recovers in 2020, as long-term investors return

Credit to Author: Joanne Lee-Young| Date: Tue, 23 Feb 2021 23:53:20 +0000

Investors will return to the presale condo market, “but it’s a much more longer-view investor. It’s not the speculator that we were seeing in 2016 and 2017.”

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Housing starts in southwest B.C. fell by 21 per cent in 2020: report

Credit to Author: Joanne Lee-Young| Date: Mon, 22 Feb 2021 00:10:52 +0000

Increased demand has driven home prices up despite the pandemic, said Lori Mathison, president of the Chartered Professional Accountants of BC. “How permanent this is, and how housing starts adapt, will be an important trend to monitor in 2021.”

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Redekop Kroeker launches Park W29 townhome development on Vancouver’s Cambie Corridor

Credit to Author: Mary Beth Roberts| Date: Fri, 19 Feb 2021 21:56:52 +0000

Designed by Gateway Architecture, the townhomes reflect a modern esthetic with linear lines, big windows and high ceilings, says Matthew Lee, Macdonald Platinum Marketing partner and director of sales, who notes the exterior accents in colours such as orange and teal add vibrancy to the vicinity and development.

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