Real Estate

Metro residential land market shows signs of life in early 2020

Vote of confidence Year-end housing data from Canada Mortgage and Housing Corp. (CMHC) earlier this month pointed to record housing starts of 28,141 units for Metro Vancouver in 2019. This was up 20% from a year earlier.

Jan 28, 2020 11:00 PM Read more >

Land-assembly investor sued over $40m Burnaby flip gets reprieve from judge

Judge who previously ordered businessman to pay $1.15m refuses to also make him pay special costs, as his conduct was ‘insufficiently reprehensible’

Jan 28, 2020 9:30 AM Read more >

Jumbo failure highlights ski resort developers’ uphill fight

Development groups in Valemount and near Squamish tout projects’ economic benefits

Jan 28, 2020 7:08 AM Read more >

Developers paint bleak picture of Metro Vancouver’s future under status quo

Region can embrace global status or become a “museum city,” says industry panel at forecast event

Jan 27, 2020 8:35 AM Read more >

Vancouver ranked second least affordable housing market in the world

Study also highlights how ‘middle class is under threat’

Jan 22, 2020 1:03 PM Read more >

Metro Vancouver’s apartment building sales drop in tight rental market

Vacancies flat According to Simon Fraser University associate professor Josh Gordon, the biggest driver of rental vacancies in a given market is economic activity.

Jan 21, 2020 11:00 PM Read more >

Developer seeks 35 more units for West Vancouver Earls site tower

A developer is seeking to add more units to an already approved but not yet built tower project in the District of West Vancouver, bordering the District of North Vancouver.

Jan 21, 2020 9:17 AM Read more >

Construction firm Nexii taps former Vancouver mayor Gregor Robertson as VP

What happened: Vancouver construction firm hires city’s former mayor as vice-president Why it matters: Nexii and Gregor Robertson say the company’s proprietary building material can have a positive environmental impact Vancouver’s former mayor is tak

Jan 21, 2020 7:52 AM Read more >

Tri-Cities wrestle with surging real estate demand

Developers face spiralling costs and political uncertainty as they attempt to deliver workspace and housing in Coquitlam, Port Coquitlam and Port Moody

Jan 15, 2020 1:05 PM Read more >

Rental policies, new supply fail to ease vacancy rates or suppress rent hikes

Pent-up demand for rental homes across Metro Vancouver puts overall vacancy at tight 1.1 per cent, with rents up by nearly double rent-control figure

Jan 15, 2020 12:27 PM Read more >