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COVID can’t stop Burnaby real estate as Metrotown project nearly sells out in 2 weeks

COVID can’t stop Burnaby real estate as Metrotown project nearly sells out in 2 weeks

COVID-19 is rampaging through most areas of Burnaby’s economy, especially retail businesses that aren’t appliances or bicycles . And yet, for several reasons, real estate is booming in Burnaby amid all the pandemic uncertainty.
Chinese real estate agents in Burnaby feel brunt of foreign buyers tax

Chinese real estate agents in Burnaby feel brunt of foreign buyers tax

The 2016 amendments to the Property Transfer Tax Act — commonly referred to as the foreign buyers tax — have negatively impacted ethnic Chinese real estate agents in Burnaby and other parts of Metro Vancouver in terms of percentage of property sales
One of Burnaby’s tallest towers ‘topped off’ on Metrotown’s skyscraper row

One of Burnaby’s tallest towers ‘topped off’ on Metrotown’s skyscraper row

The views from the top of more than 42 storeys are, well, dizzying. Even residents of the new Sun Tower 1, when it’s completed, won’t be up this high. But some will be close. (Scroll through the photos above to see more.
Burnaby buyers paying way over assessed value near SkyTrain

Burnaby buyers paying way over assessed value near SkyTrain

If you live near a SkyTrain station in Burnaby, you know the value of this convenience. Just how much value? Well, apartment buyers have paid 4.
These are Burnaby's cheapest real estate deals. Not bad

These are Burnaby's cheapest real estate deals. Not bad

COVID-19 has indeed unsettled our world. And for the real estate industry, that means showings have been put on a halt. However, that doesn’t mean it can deny us the luxury of home browsing right from the comforts of our bedroom.
These are Burnaby’s biggest real estate ‘bargains’ right now

These are Burnaby’s biggest real estate ‘bargains’ right now

When we use the word “bargain” in relation to Burnaby real estate, don’t laugh. There are a few out there based on a certain metric.
These are Burnaby’s most heinously expensive homes for sale

These are Burnaby’s most heinously expensive homes for sale

While luxury homes are a commodity that only a few can afford, it’s hard to deny — they’re very fun to look at. Or dream about. This month’s roundups of Burnaby’s most expensive listings by roomvu are nothing short of awe-inspiring.
COVID-19 can’t slow down skyrocketing Burnaby rents: report

COVID-19 can’t slow down skyrocketing Burnaby rents: report

Rents are staying “fairly high” in Burnaby despite COVID-19 driving down prices in many other Canadian areas, says a new report. The average monthly asking rent for all property types in Canada was down 1.
Burnaby one-bedroom rents spike 7.4% – bucking national trend

Burnaby one-bedroom rents spike 7.4% – bucking national trend

The national average rental rate dropped 3% month over month and 3.4% year over year, according to the March National Rent Report from Rentals.ca and Bullpen Research & Consulting .
Bordeaux offers urban living with a residential feeling

Bordeaux offers urban living with a residential feeling

Too often in the hunt for the ideal home, we sacrifice one factor to gain another. Whether you are single or have a family, the demands of the traditional household unit are complex. At Solterra Development Corp., they know this.