Real Estate

B.C.’s recreational home prices robust overall, but highly variable: Re/Max

Vacation market activity is hyperlocal and hypersensitive to regional influences, says broker

Jul 24, 2019 10:20 AM Read more >

Residential, purpose-built rental sales plummet from a year ago

Residential turmoil Release of June housing resale data last week by the Canadian Real Estate Association provoked mixed reactions. On the one hand, RBC Economics headlined its analysis of the figures: “A stable market isn’t a bad thing.

Jul 24, 2019 9:45 AM Read more >

Burnaby's first rental-zoning proposal coming to public hearing

Three-storey, 25-unit building proposed for 18th Avenue

Jul 23, 2019 10:19 AM Read more >

Canada’s office construction outpacing U.S.’s by nearly double: Colliers

Rate of building relative to size of office market is 87 per cent higher in Canada than U.S. – but why?

Jul 23, 2019 9:34 AM Read more >

B.C. court rules against Concord Pacific in Plaza of Nations case

The Supreme Court of British Columbia has sided with Oei Hong Leong in a lengthy legal battle between the Singapore-based magnate and Vancouver development giant Concord Pacific Group over the Plaza of Nations site.

Jul 22, 2019 5:28 PM Read more >

Scuttled Alfa condo project cites lawsuit from primary contractor among reasons for termination

The last-minute cancellation of a 15-storey mixed-use residential tower in Richmond that has spurred outrage from pre-sale buyers stemmed from a costly dispute between the project’s developer and former primary contractor, legal documents show.

Jul 22, 2019 2:16 PM Read more >

Bank of Canada lowers benchmark qualifying mortgage rate

Mortgage applicants can now qualify for a slightly higher priced home under stress test

Jul 22, 2019 11:16 AM Read more >

More than a hundred pre-sale Richmond condo owners left hanging by developer

A Richmond developer has pulled the plug on a 15-storey mixed use residential tower in the city centre, leaving more than 100 pre-sale buyers in the lurch.

Jul 22, 2019 10:59 AM Read more >

Vancouver workers must earn $35.43/hr to rent an average 2-bedroom apartment

The Canadian Centre for Policy Alternatives has released a rental housing wage report for cities across Canada and Vancouver was ranked the least affordable.

Jul 18, 2019 4:32 PM Read more >

Island’s time: real estate developers catch a wave

From the capital to the Pacific Rim, re-booted and new real estate projects define a changing Vancouver Island

Jul 17, 2019 2:20 PM Read more >