Real Estate

Inequitable assessment Property owners take heart from higher property values, which help to boost equity and in turn their borrowing power. Higher values also generate higher property tax revenues for local government.

Absorption rate falls nine percentage points meaning more supply in housing market which could lead to lower prices if trend continues

Building up A new year brings new beginnings, and for Penticton-based Structurlam Mass Timber Corp., that includes building on key developments from last year. With its expertise in cross-laminated timbers, it welcomed changes in the B.C.

Reliance Properties plans to develop parkade site

Experts differ on what’s in store for B.C. real estate in 2020

There were more residential transactions across the region in 2019 than in 2018, and benchmark home price is now above $1 million again

What happened: 2020 property values declined as much as 16% in some cities in Metro Vancouver, according to B.C.

Debate over the impact eliminating money laundering would have on province’s real estate sector

Sector’s influence on the market is expected to be slow and steady

Land of scarcity The constrained geography of B.C. makes it unique in Canada, which generally prides itself on being a land of opportunity and new beginnings. By contrast, the West Coast welcomes everyone – just not too many of them.