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Metro Vancouver condo prices fall 11% from peak

Metro Vancouver condo prices have dropped by 11% from the March 2018 peak, and some recently completed condos are selling up to 30% below assessment. The Open House House Price Index for condos – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – has fallen 9% year-over-year as of today. Vancouver Looking […]

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Abandoned Vancouver house gutted in fire linked to immigration consultant allegedly defrauding foreign workers

The abandoned Vancouver house gutted by a fire just after midnight on Sunday appears to be linked to an immigration consultant facing a class action suit for allegedly defrauding temporary foreign workers. The heritage house at 74 W 12th Avenue is currently on sale with the owner listed as 0928129 BC LTD. According to the […]

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City of Vancouver licences Chinese company to run multiple Airbnb flophouses

City of Vancouver has issued a local branch of a Chinese company to run at least three Airbnb flophouses in the city in clear violation of Vancouver short term rental bylaws that only permit individuals to offer listings in their primary residence. One of them is a brand new three-bedroom townhouse at 7827 Manitoba Street, […]

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