Real Estate

Canada’s biggest residential landlord has unloaded all its British Columbia rental property in a $140 million blockbuster deal that closed May 29.

Vancouver’s Image Development Inc. has completed what it says is one of the most recycled buildings in the city.

Total housing starts were trending at 19,001 units in May in the Vancouver Census Metropolitan Area, according to Canada Mortgage and Housing Corporation data released June 9.

When developer Eric Van Maren began designing a series of vacation homes in the B.C. Interior four years ago, he figured most of the potential buyers would be looking for a temporary getaway.

Vancouver-based Concord Pacific has launched a high-end residential development on the banks of Calgary’s flood-prone Bow River.

The average detached house price on the West Side of Vancouver will reach more than $7 million within ten years, suggests Altus Group, one of Canada’s premier appraisal and valuation firms.

A battle between the manager and owners of a Whistler hotel-complex – which has landed in British Columbia’s Supreme Court against the background of a noisy social media campaign – has exposed the frustration seen in low returns and plunging prices in a key sector of the resort’s hospitality industry.

Strong sales and demand for properties pushed the benchmark Metro Vancouver home price up to $624,000 in May – 4.3% more than a year ago, the Real Estate Board of Greater Vancouver (REBGV) announced June 3.

Many Vancouver children can look forward getting a leg up from their parents when it comes time to buy their first homes, according to a BlueShore Financial report released June 3.

A widely followed index from the B.C. Real Estate Association is signaling a potential slowdown in the commercial real estate sector for the first time in a year.