According to the REBGV, detached home sales continued to fuel the market with strong sales occurring particularly in Richmond and Vancouver Westside.

Detached housing in North Vancouver had a benchmark price of $875,910 in January 2011, and, with an HPI of 219.1 points, went up from the month before.

Vancouver, the Cultural Capital of Canada for 2011, is celebrating its 125th birthday all year long with hundreds of events taking place across the city.

Each of them is a unique historical landmark; Canada’s grand railway hotels are a synonym for Canadian luxury accommodation breathing with history.

144 apartments in four social housing communities across British Columbia will undertake renovations thanks to a new initiative by the government

British Columbia by Adam Campbell

British Columbia’s commercial real estate investment market is at its peak. According to the Avison Young Year-End 2010 BC Real Estate Investment Review, the first half of the year 2010 was record-setting, but the market didn’t lag after that and reached almost $2 billion in a 12-month period.p>

Greater Vancouver consists of a number of communities, each with a different background story, atmosphere, and unique housing market conditions.

Vancouver by Jennifer Boriss

Congratulations, Vancouverites! The city we live in is once again — for the fifth time in a row — the city with the highest quality of living, at least according to the Economist Intelligence Unit’s list of most livable cities in the world. And some people still wonder: why are those British Columbia real estate prices so high?

Photo by Chris Maureen Gerty

A February special report was released by TD Economics assessing the financial vulnerability of households across Canadian regions. It is a well-known fact that the income-debt ratio in Canada is high, but some regions are in a more difficult situation than others.

They connect islands with the mainland, enable trade and make traffic possible even across wide gaps, which make them a symbol of connection and sharing.

The Greater Vancouver housing market showed a balanced market in January 2011 with a small number of hot spots

Let’s have a closer look at the numbers behind the housing market of another beautiful Greater Vancouver neighbourhood, the neighbourhood of New Westminster.

Richmond is currently one of the most attractive neighbourhoods in Greater Vancouver, with demand still surpassing supply.

Photo by Duncan Rawlinson

According to the first quarter Housing Market Outlook, Canada Edition, which is issued by the Canada Mortgage and Housing Corporation (CMHC), demographic fundamentals will be critical to new home construction starts in 2011 and 2012. The CMHC believes that new home starts will stabilize after lower numbers in the second half of 2010.

Photo by Kenny Louie

The Olympic Village condos have been a troubled investment for some years now. Vancouver officials spent about $740 million of taxpayers’ money to develop the lot, but the project lost its financial backup from New York-based financial institutions in early 2010. Millennium Waters, as the developers named the project, was a major failure with only 30 per cent of the condos sold by late 2010, when Ernst & Young came in.