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Real Estate

Vancouver mortgage defaults plunge as home prices increase

Vancouver mortgage defaults plunge as home prices increase

Delinquency rate in Vancouver near historical low as Ottawa tightens mortgage access
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A quarter of all B.C. boomers expect their offspring to live at home past age 35

A quarter of all B.C. boomers expect their offspring to live at home past age 35

The high cost of real estate in the province is keeping young British Columbians living with their parents longer and longer
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Telus’ Vancouver HQ sold to undisclosed buyer

Telus’ Vancouver HQ sold to undisclosed buyer

Telus’ $750-million headquarters, Telus Garden, has been sold to an undisclosed buyer for an unreleased amount, the Telecom announced in Telus’ latest quarterly earnings report.
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Vancouver industrial, logistics real estate see world’s largest jump in lease rates: CBRE

Vancouver industrial, logistics real estate see world’s largest jump in lease rates: CBRE

The cost to lease industrial and logistics space in Vancouver rose 29.1% over the past 12 months, which is the highest year-over-year increase in the world over that period, according to new CBRE data.
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Nine-in-10 Metro Vancouverites agree region’s housing market is in crisis: poll

Nine-in-10 Metro Vancouverites agree region’s housing market is in crisis: poll

There are misconceptions about the causes of the crisis, according to Insights West president
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Metro Vancouver home sales fall to lowest level for month of July in 18 years: REBGV

Metro Vancouver home sales fall to lowest level for month of July in 18 years: REBGV

But prices continued to increase
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Supply squeeze driving Metro’s hot industrial land market

Supply squeeze driving Metro’s hot industrial land market

Guidance wanted Abbotsford failed to win exclusion of 497 acres from the Agricultural Land Reserve (ALR) at the end of April, including 331 acres along its border with Langley.
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Metro Vancouver leads B.C.’s housing starts stall

Metro Vancouver leads B.C.’s housing starts stall

B.C. housing starts sank in June as a steep decline in the Vancouver Census Metropolitan Areas (CMA) offset gains elsewhere in the province. Total urban-B.C.
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Lawsuit of the week: Community group fights Town of Gibsons in court over apartment complex development

Lawsuit of the week: Community group fights Town of Gibsons in court over apartment complex development

A community group made up of property owners is taking the Town of Gibsons to court, claiming a bylaw passed by the municipality has the potential to “dramatically alter the character and quality of life in their community.
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B.C. regulators make fraudster bid adieu to Hawaiian property

B.C. regulators make fraudster bid adieu to Hawaiian property

David Michael Michaels had advised clients to invest millions in 'worthless' securities
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