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Vancouver commercial real estate settles back down to historic levels in Q2: REBGV

Vancouver commercial real estate settles back down to historic levels in Q2: REBGV

A year after hitting record highs, commercial real estate activity in the Lower Mainland dropped down to typical levels in 2017’s second quarter, according to Real Estate Board of Greater Vancouver data released August 22.
Investors ignore property taxes at their peril

Investors ignore property taxes at their peril

Commercial real estate investors often fail to factor in property assessments, taxation
Housing construction rebounds in July

Housing construction rebounds in July

Builders showed no sign of slowing construction in July as B.C. housing starts rebounded to a historically strong pace following a brief June pullback.
Chevron sells off two more Vancouver stations for redevelopment

Chevron sells off two more Vancouver stations for redevelopment

Two more Vancouver Chevron stations have been sold and three more sites are currently for sale, allowing the company to profit off their redevelopment potential.
Condo owners protest forced sale of their homes

Condo owners protest forced sale of their homes

New law allows condo building sales without unanimous consent of owners
North Vancouver developers to pay higher rates for bigger projects

North Vancouver developers to pay higher rates for bigger projects

Community amenity contributions set to rise 35% in the city centre and 52% on the outskirts
Most ‘peak millennials’ in B.C. unlikely to buy a home in next five years: Royal LePage

Most ‘peak millennials’ in B.C. unlikely to buy a home in next five years: Royal LePage

High home prices in British Columbia have left the majority of ‘peak millennials’ – defined as those between 25 and 30 years old – feeling as though they are out in the cold in terms of the housing market, with most reporting that a lack of affordabi
Mortgage rules stall mobile home refinancing

Mortgage rules stall mobile home refinancing

Brokers warn that owners of manufactured homes – and others who need mortgage insurance – are now restricted on financing options
Vancouver average one-bedroom rent dips in August: PadMapper

Vancouver average one-bedroom rent dips in August: PadMapper

The average rent for a one-bedroom Vancouver apartment dipped back down below the $2,000 mark in August, according to PadMapper’s latest data, which takes into account the median rents for all homes that are currently available or vacant and does not
Metro Vancouver’s Kingsway headquarters on the sales block

Metro Vancouver’s Kingsway headquarters on the sales block

According to plan Metro Vancouver is making good on its plans not to be a landlord when it vacates its current premises at 4330 Kingsway and 5945 Kathleen Avenue in Burnaby later this year. The regional district listed its properties with CBRE Ltd.