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Real Estate

West Vancouver developer must pay back $1-million deposit, B.C. Supreme Court rules

West Vancouver developer must pay back $1-million deposit, B.C. Supreme Court rules

The developer failed to get an occupancy permit and deliver the West Van property with a clean title, the court found.
B.C. party leaders fail to give housing specifics during TV debate

B.C. party leaders fail to give housing specifics during TV debate

Parties must detail how their plans will deliver financial relief, say industry experts.
Rents rise 2.1% in September, marking fifth straight monthly slowdown: report

Rents rise 2.1% in September, marking fifth straight monthly slowdown: report

TORONTO — A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1 per cent year-over-year. The report from Rentals.
Condo inventory growing as sellers anticipate demand rebound: Re/Max report

Condo inventory growing as sellers anticipate demand rebound: Re/Max report

TORONTO — Condo inventory is on the rise in most major Canadian markets as more sellers are listing their properties in anticipation of growing demand from buyers, a new report says.
How Carla Guerrera is building ‘inclusive prosperity’

How Carla Guerrera is building ‘inclusive prosperity’

BIV C-Suite Awards: CEO of Purpose Driven Development is empowering women in construction while delivering innovative projects
One-third of Richmond condos are investment properties: Stats Canada

One-third of Richmond condos are investment properties: Stats Canada

Housing advocate calls for city to buy land for rental buildings.
New Vancouver Island program aims to turn construction ‘trash’ into ‘treasure’

New Vancouver Island program aims to turn construction ‘trash’ into ‘treasure’

Non-profit org seeks to create ‘circular economy’ for construction and demolition waste
Many restaurants now selling for half their pre-pandemic value

Many restaurants now selling for half their pre-pandemic value

B.C. restaurants face a buyer’s market as owners eye an exit
Senior housing shortage looms as B.C.’s population ages

Senior housing shortage looms as B.C.’s population ages

Experts say industry needs to focus on subsidized rentals and long-term care options
Metro Van home sales dip as buyers remain cautious, says realtors’ association

Metro Van home sales dip as buyers remain cautious, says realtors’ association

With interest rates still in limbo, demand has yet to rebound: Greater Vancouver Realtors