When Richmond-based CM Bay Properties paid the equivalent of nearly $45 million per acre for an old gas station site on the Cambie corridor it underscored how land has become the dominant real estate sector in Metro Vancouver – and how land prices could dictate future property values and lease rates.
http://www.biv.com/article/2015/3/what-158-million-buys-cambie-street/
Click on the banner to see this month's Macrealty Real Estate Market Update
Click on the banner to search Macdonald Realty listings
Photo courtesy of TOURISM VANCOUVER
Photo courtesy of TOURISM RICHMOND
Photo courtesy of CITY OF BURNABY
Photo courtesy of TOURISM NEW WESTMINSTER
Photo courtesy of CITY OF SURREY