Vancity’s latest report, “Downsizing the Canadian dream: homeownership realities for Millennials and beyond,” includes an eyebrow-raising calculation for the Vancouver housing market: By: Michael Aynsley If current market trends continue, the average detached home in Vancouver will cost more than $2.1 million by 2030 — requiring more than 100 per cent of the median household income to maintain. Photo: Pete/Flickr...[ read more ]
We would like to welcome our newest office tenant to Firma! Philippe Dandurand Wines recently moved into their new office at Firma in Burnaby, and we couldn’t be more excited! Philippe Dandurand Wines is the largest family-owned Canadian wine import agency, acting as the liason between suppliers, the liquor boards, government and independent stores - as well as restaurants, its...[ read more ]
10 minutes with Howard Steiss by Susan M Boyce It’s a feeling like no other: the day you step through the front door of your just-built home. And whether it’s a single-family house, a townhouse, or a condo that makes your heart sing, being the first person to live there brings plenty of advantages beyond knowing everything is shiny, bright, and...[ read more ]
The condominium landscape across Metro Vancouver gets more beautiful and exciting every day. And condos continue to be the popular choice for new homebuyers from all walks of life, including more and more single women. This started a few years ago, when the condominium lifestyle began receiving attention from more than just the empty-nester segment of the market. The feeling...[ read more ]
Recycling Final Frontier: Condo and apartment buildings must compost food waste or be hit with penalties come the summer By Michelle Hopkins A MOVE BY METRO VANCOUVER TO BEGIN COLLECTING food scraps and other organic waste from condos and apartment buildings is the latest example of the expanding efforts by municipalities across the province to recycle large quantities of unused...[ read more ]
Active retirees Helen and Dave English have moved from a large four-bedroom home into their dream home in the Villas of Riverstone, a Calbridge Homes development in Cranston, not far from the Bow River and Fish Creek Provincial Park. They're empty nesters who don't need as much room, there is less upkeep involved with their new quarters and they are...[ read more ]
Construction begins on $55.5-million Metrotown Station and bus exchange upgrades By Kenneth Chan, FEBRUARY 26, 2015 Original Source: VancityBuzz The first construction phase of a major $55.5-million retrofit to SkyTrain’s Metrotown Stations, one of the region’s busiest and oldest SkyTrain stations, has begun. TransLink announced today that the elevator at Metrotown Station has been shut down so that site preparation...[ read more ]
Four high-profile international experts shared their thoughts about Vancouver's place in the global real estate market. By Christina Newberry Original Source: REW.ca In a city that loves to talk about real estate – especially how much it costs – real estate marketer Cam Good felt there was a gap in the conversation and that the perspective was focused inward rather...[ read more ]
“An all-time record for building permit values is an important example of how Vancouver’s economic action strategy is working,” said Mayor Gregor Robertson Building permits issued by the City of Vancouver in 2014 hit a value of $2.83 billion, exceeding pre-recession levels and marking an all-time record in Vancouver’s growing economy. Building permit values of $2,825,700,469 in 2014 represent an...[ read more ]
It's a big week for Modello construction! Take a look at the footage below showing the concrete pour that took place yesterday (January 6th). We completed the tower core footing with 1200 cubic metres of concrete pour. To give some perspective, that's enough to fill an entire football field, 5 feet high! A total of 120 trucks delivered the concrete material between 7am...[ read more ]
