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Real Estate

UPDATE: B.C. strata insurance market ‘unhealthy:’ study

UPDATE: B.C. strata insurance market ‘unhealthy:’ study

Rates up 40% on average, more than doubling in 6% of buildings
Total Greater Vancouver home sales down 42% in May: BCREA

Total Greater Vancouver home sales down 42% in May: BCREA

The COVID-19 pandemic continued to dampen home sales across Greater Vancouver and the rest of the province in May, according to BCREA data released June 15. The total dollar value of all home sales across Greater Vancouver was $1.
Pandemic zooms real estate auctions online

Pandemic zooms real estate auctions online

Once viewing and walking the land was mandatory for buyers, but land auctions are moving online and the virus crisis has accelerated the trend
Odd alliance delivers affordable homes

Odd alliance delivers affordable homes

A 177-year-old fellowship uses a uniquely Vancouver solution to replace its aging seniors’ home with new affordable housing
Multi-family rental sales soar 900% in Lower Mainland

Multi-family rental sales soar 900% in Lower Mainland

Land and multi-family lead as commercial real estate transactions surged 37% in Q1 to $2.1 billion
Landlords, tenants conflicted over eviction ban, rent increases

Landlords, tenants conflicted over eviction ban, rent increases

Minister urging both sides to work together through pandemic state
Study shows 18% of retailers missed May rent

Study shows 18% of retailers missed May rent

Commercial landlords say many tenants not paying rent: options are taking limited government aid or evictions, but not both
Vancouver's most luxurious rental homes in limbo

Vancouver's most luxurious rental homes in limbo

A unique lease arrangement and a global pandemic have combined to stall take-up for an ultra-luxury apartment building on Vancouver’s English Bay
Strict new mortgage rules kick in July 1

Strict new mortgage rules kick in July 1

New debt rate policy could cut homebuyer purchasing power by 11 per cent and freeze many first-time buyers out of the market, analysts say
Developers caught in crossfire when cities overrule study findings

Developers caught in crossfire when cities overrule study findings

Environmental rules frustrate builders