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Real Estate

UDI wants regional plan for less single-family zoning

UDI wants regional plan for less single-family zoning

Shortage of new homes blamed for pushing up real estate prices
Tech tenant eyed for 64,000 square feet at Bentall 3 tower

Tech tenant eyed for 64,000 square feet at Bentall 3 tower

64,000-square-foot question U.S. shared-workspace firm WeWork Cos. Inc. has leased 80,000 square feet across five floors at Bentall 3, and four of those floors – or about 64,000 square feet – are for a single company.
‘High-risk’ borrowers hit by new rules

‘High-risk’ borrowers hit by new rules

Number of new CMHC-insured mortgages drops following tightening of regulations
West Vancouver woman loses $275K deposit after backing out of Trump tower condo deal

West Vancouver woman loses $275K deposit after backing out of Trump tower condo deal

BC Supreme Court justice rules sales contract was binding
Vancouver's CanWel buys Hawaiian wood supplier for US$80 million

Vancouver's CanWel buys Hawaiian wood supplier for US$80 million

CanWel officials say the deal, slated to close early in Q4 2017, will effectively double the company’s sales in the Unites States.
First property management franchise aims at residential

First property management franchise aims at residential

Real Property Management specializes in investors who own one to four rental units
Condo shortage looming in Vancouver

Condo shortage looming in Vancouver

Despite a white-hot presale market that has driven new condo inventory to record lows, mandatory registration of new Vancouver condominiums have fallen 28% as starts have plunged.
Vancouver home sales prices jump as condo, townhome competition heats up: REBGV

Vancouver home sales prices jump as condo, townhome competition heats up: REBGV

Metro Vancouver home sales surged in August as condo and townhome transactions saw increased competition, the Real Estate Board of Greater Vancouver announced September 5. Sales in the month were 19.6% higher than the 10-year average for August.
Port payoff for rental properties in Prince Rupert

Port payoff for rental properties in Prince Rupert

Dock of the bay “One of the most promising areas in the whole of Canada is Prince Rupert,” declared B.C. billionaire Jimmy Pattison as the northern seaport prepared to welcome its first container ship in October 2007.
Builders warn new energy code will step up home prices

Builders warn new energy code will step up home prices

B.C. Energy Step Code could nail $80,000 onto the price of a new house