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Real Estate

Surge seen in retail property sales toward end of 2020

Surge seen in retail property sales toward end of 2020

Late-year shopping centre transactions helped push Metro Vancouver’s total commercial real estate sales volume to $7.9 billion in 2020
Vancouver real estate gains lag North American markets

Vancouver real estate gains lag North American markets

Global factors such as COVID-19 and ‘cheap money’ fuel continental surge, unlike the city’s unique circumstances in the mid-2010s
Pandemic renovators regretting aesthetic decisions: BC Hydro

Pandemic renovators regretting aesthetic decisions: BC Hydro

Bathroom, kitchen and flooring changes regretted by DIYers
Full-meal vending machines hit residential lobbies

Full-meal vending machines hit residential lobbies

Longtime catering executive launches venture while working from home is common
B.C. startup targets novice real estate investors

B.C. startup targets novice real estate investors

Online platform opens door to purchase of shares in commercial and other properties
B.C. to receive $517 m over 10 years to help renters

B.C. to receive $517 m over 10 years to help renters

Benefit could range from $2,500 to $7,000, depending how government distributes money
Surrey mayor Doug McCallum criticizes industrial land ‘dictators’

Surrey mayor Doug McCallum criticizes industrial land ‘dictators’

Stricter rezoning vote threshold proposal seen as an affront to municipal autonomy
Strong sales put Greater Vancouver real estate in strong sellers' market

Strong sales put Greater Vancouver real estate in strong sellers' market

Strong sales helped push prices up 6.8% year-over-year
B.C. plans to extend rent freeze to end of 2021, create barriers to renovictions

B.C. plans to extend rent freeze to end of 2021, create barriers to renovictions

Landlords will no longer be able to end tenancies for renovations that are "not substantial."
Vancouver office vacancies forecast to climb: CBRE

Vancouver office vacancies forecast to climb: CBRE

New outlook report also suggests COVID could spur future demand for greater square footage per employee