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Real Estate

Greater Vancouver home sales down 17% year-to-date in September: BCREA

Greater Vancouver home sales down 17% year-to-date in September: BCREA

More than a year after the implementation of the foreign-buyer tax in August 2016, the total number of homes sold year-to-date in September is down 17.
Is increasing supply worsening Metro Vancouver housing affordability?

Is increasing supply worsening Metro Vancouver housing affordability?

The ability to buy a condominium has declined in the Metro Vancouver suburbs with the highest multi-family housing starts
Investors speculate with new Vancouver office tower

Investors speculate with new Vancouver office tower

33-storey building expected to lease quickly due to high demand for premium downtown space
B.C. home resales to drop 8% next year: RBC forecast

B.C. home resales to drop 8% next year: RBC forecast

Canada’s housing market is in a cooling phase, according to RBC’s Canadian Housing Market Forecast Update released October 11, and home resales across British Columbia are expected to drop this year and next.
New proposed mortgage rules unnecessary, harmful for homebuyers: Fraser Institute

New proposed mortgage rules unnecessary, harmful for homebuyers: Fraser Institute

A proposed measure by Canada’s Office of the Superintendent of Financial Institutions (OSFI) intended to reduce mortgage defaults is drawing criticism from the Fraser Institute.
Building passive towers a tall order for developer

Building passive towers a tall order for developer

Canada’s first airtight highrise would need imported materials, steep learning curve
WeWork expands in Bentall Centre; interest rate concerns on the rise

WeWork expands in Bentall Centre; interest rate concerns on the rise

We Work expands With the completion and grand opening of WeWork Cos. Inc.’s space at Bentall 3 just weeks away, the company is setting its sights on further expansion in 2018.
Vancouver developer buying Victoria’s Dockside Green

Vancouver developer buying Victoria’s Dockside Green

Bosa Development, the company that owns the Fairmont Empress Hotel, is purchasing Victoria’s multi-use Dockside Green development from Vancity. The sale for the planned community in VicWest closes December 15.
New Emily Carr driving new development

New Emily Carr driving new development

Art school will be catalyst for redrawing former rail yard: architect
Canada Revenue Agency targets more Vancouver pre-sale condo contracts

Canada Revenue Agency targets more Vancouver pre-sale condo contracts

Telus Garden and One Pacific buyers under federal revenue agency scrutiny