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Real Estate

Former Victoria motel could become long-term rental housing

Former Victoria motel could become long-term rental housing

The former Traveller’s Inn on Douglas Street in Victoria could soon become the site of long-term rental housing. A proposal to formalize the use of the property as affordable market housing will go to public hearing.
Surrey has highest real estate investment potential in B.C.: report

Surrey has highest real estate investment potential in B.C.: report

The housing market in Surrey is set to outperform those of all other cities in British Columbia over the next five years, the Real Estate Investment Network (REIN) said in a November 5 report.
Housing prices expected to cool next year: report

Housing prices expected to cool next year: report

Vancouver has reached unaffordability levels not seen since the early 1990s
Metro Vancouver home prices rise on strong October sales

Metro Vancouver home prices rise on strong October sales

Single-family detached homes slip in value by 0.5% on the month
Hudson’s Bay invites bids on its iconic downtown Vancouver location

Hudson’s Bay invites bids on its iconic downtown Vancouver location

Hudson’s Bay Company’s (HBC) is inviting bids on its iconic flagship store on Granville Street, following news of the retailer’s Lord & Taylor Fifth Avenue sale in New York.
Britain’s Grosvenor to build condo tower in Vancouver

Britain’s Grosvenor to build condo tower in Vancouver

Luxury 39-storey residential project is 340-year-old U.K. developer's first downtown development
3D-printed steel touted as the future of B.C. home construction

3D-printed steel touted as the future of B.C. home construction

Structural steel tech targets building sector hampered by skilled labour shortage frames
Downtown Vancouver offices to test price ceiling

Downtown Vancouver offices to test price ceiling

New towers expected to push rents to record highs as vacancy rate continues to tighten
Unaffordable residential, commercial realities rankle local market

Unaffordable residential, commercial realities rankle local market

Fight for affordability Where should cities allow luxury developments? How should developers price units in less affluent areas? Are there natural limits on pricing? These were among the questions Michael Ferreira, managing partner of market research
Vancouver investment in commercial real estate outpaces Toronto in first half of 2017

Vancouver investment in commercial real estate outpaces Toronto in first half of 2017

Despite having a much smaller population, Vancouver surpassed Toronto in property investment by more than $1 billion in 2017’s first six months. This is the first time commercial real estate investment in Metro Vancouver – population 2.