Real Estate

By Peter Ladner In all the anguish about unaffordable housing in Metro Vancouver, much has been said about houses sitting vacant while local families move to Squamish or Winnipeg to find a detached home they can afford.

Public meeting called as two houses per day torn down in the municipality

Housing starts increased 2.6% in the Vancouver Census Metropolitan Area (CMA) in August, the Canada Mortgage and Housing Corporation (CMHC) announced September 9.

Port city showdown Tacoma’s gritty downtown masks its status as Washington state’s top port in Jones Lang LaSalle’s (JLL) recent Seaport Outlook report, ranking fifth in North America thanks to its large and available stock of industrial real estate.

Transaction comes on heels of Regal Lifestyle Communities’ $374m sale in June

Old rental buildings worth more than high-end office towers, industrial parks or shopping centres

Ontario pension plan more than doubles the share price in all-cash transaction

Volume has skyrocketed, and the benchmark price for a detached property has also soared 17.5%

The global equity market bloodletting in the wake of China’s “Black Monday” dominated last week’s headlines, but down at street level in Metro Vancouver more immediate business issues need attention.

Issue raised $225 million to cover cost of telecom’s new downtown Vancouver headquarters