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Real Estate

Vancouver posts Canada’s lowest commercial property tax rate

Vancouver posts Canada’s lowest commercial property tax rate

City has the highest residential taxes in the country, but has slashed rates on commercial real estate for five consecutive years
B.C. construction workers miss job recovery

B.C. construction workers miss job recovery

B.C. led the west in September job creation, but construction employment fell and is down 17 per cent from pre-pandemic levels
Hudson's Bay announces new division to capitalize on real estate values

Hudson's Bay announces new division to capitalize on real estate values

The plan, which involves converting some of the company’s real estate into mixed-use developments, must deal with wide Canadian price variations: Vancouver downtown site is valued north of $670m; Winnipeg’s flagship store appraised as worthless
Suburbs besting Vancouver’s downtown office pace

Suburbs besting Vancouver’s downtown office pace

While vacancy rates spike in the core, Metro Vancouver’s suburban office sector has seen a mild decrease, and absorption levels remain positive
Average net architectural fees fall in B.C. after 2018 high

Average net architectural fees fall in B.C. after 2018 high

Number of architects at the province’s top firms has dropped to lowest level since 2013
Vancouver rents fall as immigration goes negative

Vancouver rents fall as immigration goes negative

Immigration to B.C. falls 111 per cent and some see link to drop in rental rates, yet multi-family sales stay strong
Coastal towns hold B.C. lead in home price increase

Coastal towns hold B.C. lead in home price increase

Northern Sunshine Coast community posts a near 200 per cent increase in dollar volume, 152 per cent sales rise to lead B.C. housing market
Vancouver's downtown gateway readies for 55-storey tower

Vancouver's downtown gateway readies for 55-storey tower

Newly approved tower shows architectural distinctiveness while aiming to fit in with surroundings
City proposal would chop mixed-use property values

City proposal would chop mixed-use property values

Bylaw could reduce some real estate values by up to 30%, according to city documents
Northern B.C. home sales rise to record levels in Q3

Northern B.C. home sales rise to record levels in Q3

Housing sales in northern B.C. hit the second-highest level on record in the third quarter, but data also reveals reasons for concern