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Real Estate

Trio of tall towers proposed for Coquitlam city centre

Trio of tall towers proposed for Coquitlam city centre

Onni seeks to build 49, 45 and 25 storey buildings at Glen Drive and Pinetree Way
Concord sweetens mix in Surrey office options

Concord sweetens mix in Surrey office options

Condo developer blends high-tech workspace into residential towers as office vacancy rate falls to eight-year low
‘High degree’ of vulnerability detected in Vancouver housing market: CMHC

‘High degree’ of vulnerability detected in Vancouver housing market: CMHC

Canada Mortgage and Housing Corporation says more evidence needed to move region's vulnerability to moderate
City of Vancouver says fewer homes declared vacant since tax imposed

City of Vancouver says fewer homes declared vacant since tax imposed

Number of vacant properties decreased by 15% between 2017 and 2018; 53% back on rental market
Anthem Properties partners with Crestpoint to purchase Victoria’s Tillicum Centre for $110m

Anthem Properties partners with Crestpoint to purchase Victoria’s Tillicum Centre for $110m

Vancouver’s Anthem Properties Group Ltd. has partnered with Toronto-based Crestpoint Real Estate Investments Ltd. to purchase Tillicum Centre from RioCan for $110 million, the companies announced this week.
Rising construction costs herald a reckoning for small developers

Rising construction costs herald a reckoning for small developers

Cost pressures A year ago, people wondered how high prices could soar. Presale condo pricing was pushing the envelope across the region, and Bosa had recently sold office space at 320 Granville Street for slightly more than $2,100 a square foot.
Metro Vancouver real estate remains a buyer’s market as inventory jumps, prices slide

Metro Vancouver real estate remains a buyer’s market as inventory jumps, prices slide

Metro Vancouver’s home sellers took the opportunity of the New Year to list their properties, with new listings in the region up 244.6% month over month, and nearly 28% higher than the same month last year.
Squamish vacation rental operators torn between profit and housing affordability

Squamish vacation rental operators torn between profit and housing affordability

Council considers ways to regulate short-term rentals
Healthy regional economy promises to help keep market tight

Healthy regional economy promises to help keep market tight

Housing unavailability Residential real estate is the main focus at the annual Urban Development Institute (UDI) forecast luncheon, even when non-residential builders take the stage.
Regulatory overkill cited as housing outlook goes negative

Regulatory overkill cited as housing outlook goes negative

‘Combined effect of tighter mortgage guidelines and higher interest rates has been larger than previously estimated,’ says Bank of Canada