The BC Greater Vancouver & Fraser Valley Real Estate market is dominated by multi-family housing developments, including high-rise condos, townhouses and low-rise apartment blocks. Real estate properties that are sold before construction is completed are referred to as Presales.
There are new developments all over Lower Mainland! See here just a few… contact us if you would like to receive our news letters or become a VIP member for presales.
With our monthly news letters and BC Real Estate blogs we’ll try to keep you up to date with the interesting and exciting Real Estate news, market updates and trends, buying a home & selling a home tips.
Surrey is the fastest growing city in Metro Vancouver and is on track to surpass the City of Vancouver’s population within a decade. While this is happening, the City of Vancouver is busy updating neighborhood plans and zoning to encourage the construction of new, multi-family housing across the city, particularly on the Cambie Corridor, where it hopes to create 30,000 new housing units by 2041. The extension of SkyTrain from VCC-Clark to Arbutus, scheduled to be complete in 2025, will also spur redevelopment along the Broadway Corridor. There has been some criticism that the recently released Broadway Plan does not go far enough in terms of encouraging the type of density that Vancouver needs to meet its housing shortage.
Langley will get the first two residential highrise towers, 26 and 34 storeys! The development, known as The Towers at Latimer, is located at 201st and 80th Avenue.
Pinnacle Lougheed in Burnaby will be home to the tallest tower west of Toronto once complete. The project will be located adjacent to Lougheed Town Centre SkyTrain station and the City of Lougheed development.
When the Oasis towers in Concord Pacific’s “Concord Brentwood” development in Burnaby are complete, residents will have access to a 120,000 square foot “beachfront” and a 400-metre track and walking path!
If you’re thinking about buying a presale, give us a call and we’ll be happy to give you detail information and walk you through the entire process.
Interested in the Canadian Real Estate news? check these out:
Real Estate Business News on CNBC
Better Dwelling Featuring news and opinions from Toronto and Vancouver
Canadian Real Estate Wealth Magazine brings investment news, market updates and market reports
Real Estate News – Greater Vancouver Realtors® (GRV)
