A B.C. real estate market analyst is sounding the alarm about a steep drop-off in condo and townhouse presales. “We knew there was ...

301, Vancouver ... The condo building is walking distance to Langara Golf Course, ... from living in a house and had purchased the unit in 2015 as a presale. ... The deal closed Feb. 7. Story continues below advertisement. The agent's take. “It was a good value for the buyers,” Ms. Tark says, “because it was ...

Add to that the continuous rise in Vancouver rents and a vacancy rate that ... But prices for the homes most affordable to British Columbians — such as townhouses, condos or ... Builders offered just 7,588 units for presale in 2019, less than half the ... It's not good enough to simply wish for more rental units.

The number of condo presale units released for sale in 2019 fell sharply in Metro Vancouver, as developers responded to demand that fell off a ...

January 2020 saw continued positive momentum with both pre-sale launches and sales in Metro Vancouver's condominium market.

Property Watch: An oversupply of condos is not a good sign ... recent report by Vancouver-based real estate marketing firm MLA Canada. In a typical quarter, the region sees about 2,000 to 3,000 condo presale units completed. ... Big Fat Deal: $5.5 million for a Shuswap Lake hideaway not yet fit for a prince.

A Vancouver lawyer says clients are coming to him several times a ... With pre-sale condos, a buyer puts down a deposit on a unit that has not yet been constructed. ... His advice is to try to complete the deal, otherwise you could lose your ... your best interest rather than using the ones offered by developers.

On the presale condo market, CMHC predicted, “New condominium apartment developments are expected to see greater presale activity ...

Originally, Hsu, and the other 100 or so pre-sale buyers, expected to close the deal in the fall of 2018, but the developer postponed the date ...