A comprehensive redevelopment is set to transform the North Shore as Capilano Mall undergoes a significant reimagining. The proposal, spearheaded by QuadReal Property Group, outlines the creation of over 3,000 residential units spread across eleven towers ranging from 12 to 40 storeys. The 16.5-acre site will also feature a 1.5-acre public park and...
As we step into 2025, B.C.'s real estate market faces a mix of promise and uncertainty. Politically, the departure of Justin Trudeau from federal leadership marks a significant shift, with a possible Conservative victory in the upcoming election poised to reshape housing policies and immigration levels. This potential change could have profound imp...
Tensions Rise Over Tower Proposal as Infrastructure Concerns Mount
A contentious debate is brewing in the District of North Vancouver, as the council remains deeply divided over a proposal to construct a towering 37-storey rental building and an adjacent 12-storey hotel on the North Shore. The plan, which would replace the Best Western and Econo Lod...
As a local North Shore Realtor, I can’t help but feel concerned about the shifting dynamics in Greater Vancouver’s office market. According to Colliers Macaulay Nicolls Inc., the vacancy rate climbed to 9.8% in the fourth quarter of last year—a stark increase from previous years. This change doesn’t just affect office buildings in Vancouver; it sen...
Home sales in Metro Vancouver, recorded through the Multiple Listing Service® (MLS®), experienced significant growth in December 2024, rising over 30% compared to December 2023. This surge highlights growing demand as the year concluded.Residential sales across the region totaled 26,561 for 2024, reflecting a modest 1.2% increase from the 26,249 sa...
As Vancouver enters 2025, its housing market faces a critical moment. With sky-high home prices, shifting immigration policies, zoning reforms, and the lingering effects of global economic uncertainty, the city’s real estate market is under pressure. While Vancouver remains one of the most desirable cities in the world, its affordability crisis is...