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Real Estate

Real estate slowdown is main drag on B.C.’s economy: Central 1

Real estate slowdown is main drag on B.C.’s economy: Central 1

Housing starts and residential investment to decline, but strength in other areas will prevent overall recession, predicts credit union
More tall wood buildings may be on the way in B.C.

More tall wood buildings may be on the way in B.C.

There could soon be a rise – literally – in wooden residential buildings across the province, after the B.C.
Former Empire Granville 7 space set to convert into hospitality hub

Former Empire Granville 7 space set to convert into hospitality hub

Vancouver city council approves liquor licence for 350-seat restaurant and 644-seat venue in long-vacant site
More density eyed for Coquitlam's SkyTrain corridor

More density eyed for Coquitlam's SkyTrain corridor

Some neighbourhoods hoping for towers likely won't get them
Average B.C. home price has slid nearly 10% in past year: BCREA

Average B.C. home price has slid nearly 10% in past year: BCREA

Real estate association blames mortgage stress test for “sidelining” buyers, calls for feds to scrap it entirely
Pricing drops fail to defuse Metro housing affordability concerns

Pricing drops fail to defuse Metro housing affordability concerns

Still not affordable The ongoing slide in the benchmark price for a residential property in Metro Vancouver is approaching the point that will make headlines: the million-dollar mark.
Metro Vancouver residential land prices may have already peaked

Metro Vancouver residential land prices may have already peaked

Nosebleed dirt prices expected to ease as residential downturn, construction costs, politics and financing fears cool land speculation across the region
Non-residents own 4.9% of Metro Vancouver homes, much higher in new condos: CMHC

Non-residents own 4.9% of Metro Vancouver homes, much higher in new condos: CMHC

While there is a common perception that overseas buyers have snapped up much of Metro Vancouver real estate, the number of homes owned purely by non-residents across the region is 4.
Burnaby’s tallest building ‘topped off’ as Brentwood megaproject grows

Burnaby’s tallest building ‘topped off’ as Brentwood megaproject grows

Steven Cirotto stood at the microphone Friday and talked about growing up in the Heights. The operations manager for the construction company Axiom said he still remembers how special Christmas was as a child at Brentwood Town Centre.
B.C. real estate not alone as home prices slide across prime global cities

B.C. real estate not alone as home prices slide across prime global cities

London, Sydney, Hong Kong and more seeing price declines over past year, reports The Economist – a correlation that could herald a global recession