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Real Estate

Construction sector ‘essential’ to B.C.’s disaster response

Construction sector ‘essential’ to B.C.’s disaster response

Industry plays key role in fundraising to support displaced people
Concord Pacific loses appeal in dispute with Singaporean magnate over Expo lands

Concord Pacific loses appeal in dispute with Singaporean magnate over Expo lands

Developer says it plans to take appeal to Supreme Court of Canada
Commodities, shipping, permits driving up property prices

Commodities, shipping, permits driving up property prices

Majority of key indicators point to higher prices for Lower Mainland real estate in 2022
B.C. log home builders reach overseas for new markets

B.C. log home builders reach overseas for new markets

Local companies increasingly serving customers outside of the province
Vancouver parkade sells for $210,000 per stall

Vancouver parkade sells for $210,000 per stall

Off-market, $55.7 million deal secures 14,820-square-foot development site in downtown Vancouver
Fintech Tipalti scoops up major downtown Vancouver office space as valuation hits US$8.3b

Fintech Tipalti scoops up major downtown Vancouver office space as valuation hits US$8.3b

U.S. firm may have 300 workers in Bentall One tower within two years
Crypto-backed mortgages still raise red flags, says B.C. regulator

Crypto-backed mortgages still raise red flags, says B.C. regulator

Some private lenders are offering loans for mortgages backed by Bitcoin
Average Vancouver rent still highest in Canada; Victoria remains in third place

Average Vancouver rent still highest in Canada; Victoria remains in third place

The average rent for both one- and two-bedroom apartments in Vancouver remains the highest in Canada, according to Zumper (formerly PadMapper). One-bedroom apartments went for $2,130 in B.C.
Proposed tax on $1m homes appears a non-starter

Proposed tax on $1m homes appears a non-starter

University of B.C.- based advocacy group funded by taxpayers calls for tax on home equity paid at time of sale
Economists forecast rising home sales, prices in 2022

Economists forecast rising home sales, prices in 2022

CIBC is the outlier in forecasting a national 15% drop in sales compared with 2021