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Real Estate

Two more B.C. real estate firms fined for anti-money laundering violations

Two more B.C. real estate firms fined for anti-money laundering violations

Parent firm LeHomes Realty has been fined over half a million dollars for two breaches; Cathay Pacific Realty Ltd. was fined $206,250
Vancouver’s luxury real estate market returns to balanced conditions

Vancouver’s luxury real estate market returns to balanced conditions

After two years of ‘over-exuberance,’ the luxury market is seeing a slow down that represents a return back to normal
Housing supply limiting B.C.’s population growth

Housing supply limiting B.C.’s population growth

Duelling reports question housing demand, but demand more housing
Grave crisis: Metro cemeteries running out of real estate

Grave crisis: Metro cemeteries running out of real estate

Property squeeze driving up price, reducing availability of burial space at B.C. cemeteries
Office market data shows companies are settling into in-person and remote work

Office market data shows companies are settling into in-person and remote work

While vacancy rates for Vancouver’s downtown are the lowest in North America, the availability rate paints a broader picture
Housing remains low and slow throughout September in B.C., across Canada

Housing remains low and slow throughout September in B.C., across Canada

The housing downturn throughout Canada persisted through September and, according to the Royal Bank of Canada (RBC), has a longer run ahead.
Vancouver fends off ‘zombie’ towers spooking U.S. cities

Vancouver fends off ‘zombie’ towers spooking U.S. cities

Core office towers are going dark from Manhattan to San Francisco as employees prefer working from home – but Vancouver has so far dodged the downturn
5 things you (probably) didn't know about tall structures in Vancouver

5 things you (probably) didn't know about tall structures in Vancouver

Hello down there!
Foreign real estate investment flatlines as loonie slumps

Foreign real estate investment flatlines as loonie slumps

Year to date, the Canadian dollar is down more than seven per cent against the U.S. dollar. Historically, when the Canadian dollar is depressed, the country sees an uptick in institutional and individual investment from the U.S.
Pressure building on construction industry bottom lines

Pressure building on construction industry bottom lines

Inflation costs, supply chain logjams, labour shortages delaying needed development