Real Estate

B.C. shareholders win battle to shake up board of directors at Toronto’s Granite REIT

Halftime The first half of the year is over, and the first numbers bearing out the ongoing strength of investment real estate sales are in. According to the Goodman team – David and Mark Goodman, and Cynthia Jagger – at HQ Real Estate Services Inc.

Short supply is pushing condominium sales prices higher as buyers compete for units, according to the Real Estate Board of Greater Vancouver (REBGV).

But 2018 will see a softer drop, according to a new report

Vacancies in perspective This week’s column comes from a city where the number of dwellings unoccupied on census day last year was 10.6%. There’s no fear here that it’s becoming a resort, however.

Unaffordability gap tightens between the two cities but Victoria also shows major signs of affordability erosion

A Rockland development proposal has been reworked and new plans are at Victoria City Hall for staff review. “It is considerably different,” Mike Miller, head of Abstract Developments, said June 27.

Ripple effects Metro Vancouver’s affordability crisis is hitting the secondary home market, too, according to Royal LePage’s annual recreational property report.

Proposed condo in the city would be tallest tower between Vancouver and Calgary

LT Wave Holdings’ proposed housing development at the “teardrop” property at the gateway to Squamish will include a large childcare centre. Details about the Vancouver developer’s proposal for the odd-shaped narrow property at 38310 Buckley Ave.