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Real Estate

Availability of newly built and presale condos skyrockets in Metro Vancouver: report

Availability of newly built and presale condos skyrockets in Metro Vancouver: report

Number of concrete condos complete and unsold or available for presale quadruples in a year, finds quarterly report
Province balks at condo Airbnb tax proposed by Victoria

Province balks at condo Airbnb tax proposed by Victoria

The province’s new speculation and vacancy tax declaration could provide a pathway to taxing condos being used as Airbnbs as commercial operations, says Victoria Coun. Geoff Young. But it doesn’t appear the province is prepared to go down that road.
Burnaby should displace homeowners, not renters: analyst

Burnaby should displace homeowners, not renters: analyst

Renter-density data shows why redeveloping Metrotown is a bad idea, according to Jens von Bergmann
Industrial space shortage pushes Lower Mainland tenants east

Industrial space shortage pushes Lower Mainland tenants east

Landlord’s market B.C.’s major cities are seeing strong demand for industrial space, a fact underscored by the recent CBRE Ltd. market survey that claims “Vancouver’s industrial hub is leading the world in rental rate growth.
Metro’s high-flying industrial real estate faces turbulence

Metro’s high-flying industrial real estate faces turbulence

Rising costs, retail slump cloud sector posting Canada’s highest lease rates and sale prices
Canadian cities have among highest homeownership rates in world: RBC

Canadian cities have among highest homeownership rates in world: RBC

Major Canadian cities may be struggling with affordability issues, but the rate of homeownership is among the highest in the world, according to a recent report by RBC.
Metro Vancouver home sales down year-over-year in February but up from January: REBGV

Metro Vancouver home sales down year-over-year in February but up from January: REBGV

A total of 1,484 home sales took place across the Metro Vancouver region in February, which is down 32.8% year-over-year and is 42.
No rental zoning for Port Moody

No rental zoning for Port Moody

A bylaw that would see four properties restricted as rental only has not gone ahead
Private college eyes former Metrotown Best Buy site in Burnaby

Private college eyes former Metrotown Best Buy site in Burnaby

College classrooms, a library and administrative offices may soon move into the space Best Buy used to occupy in Burnaby’s Metrotown area.
Port Coquitlam looks at PoCo Place towers, a new Pitt River community

Port Coquitlam looks at PoCo Place towers, a new Pitt River community

Two major projects that would add another 5,000 residents to Port Coquitlam’s borders were pitched by developers this week. Tuesday, at the city’s committee of council, Marwest Development Corp.