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Real Estate

Metro Vancouver’s luxury home prices forecast to slip further

Metro Vancouver’s luxury home prices forecast to slip further

While the region’s overall market recovers from recent correction, prime real estate still has a way to go, predicts Royal LePage
Philanthropist, businessman Robert H. Lee dies at 86

Philanthropist, businessman Robert H. Lee dies at 86

Lee founded Prospero Group in 1979, was UBC chancellor and chair of UBC Properties Trust
Housing-start drop not due to demand: CMHC

Housing-start drop not due to demand: CMHC

The province expects a precipitous drop in housing starts this year and another slip in 2021, but housing experts warn that is no indication demand for housing has dropped off or that homebuilders are about to down tools any time soon.
New West condo owners launch petition in response to insurance crisis

New West condo owners launch petition in response to insurance crisis

Soaring insurance premiums are causing panic among some condo owners.
Collaboration essential to resolving B.C. development dilemmas

Collaboration essential to resolving B.C. development dilemmas

Crisis response A year ago, Anthem Properties Group CEO Eric Carlson announced at the Urban Development Institute’s (UDI) annual forecast luncheon that he was decamping for Sacramento, as the California city was far friendlier to developers than Nort
Budget 2020: No new relief for renters or homebuyers

Budget 2020: No new relief for renters or homebuyers

Zero new housing measures or changes to housing policy from provincial government, which uses Budget 2020 to reiterate existing 10-year plan
Condo owners face huge bills from massive strata insurance rate hikes

Condo owners face huge bills from massive strata insurance rate hikes

Strata property owners – and those who rent from them – are looking at unprecedented costs, while some strata buildings risk losing their insurance entirely
Condo buildings face insurance crisis as premium rates soar

Condo buildings face insurance crisis as premium rates soar

Insurance costs for strata corporations have been skyrocketing in condo-heavy markets such as Vancouver, Toronto and New York, while some buildings have been told flat out their insurance will not be renewed.
B.C. residential sales, prices jump year over year: BCREA

B.C. residential sales, prices jump year over year: BCREA

Housing market “off to a strong start in 2020” as many regions recover from recent downturn
Metro Vancouver’s office vacancy rate to tighten further to record lows: report

Metro Vancouver’s office vacancy rate to tighten further to record lows: report

Market is at a “critical juncture” with demand from global technology firms making it increasingly “a victim of its own success,” says Avison Young