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Real Estate

Vancouver’s first downtown office tower awarded LEED Gold certification

Vancouver’s first downtown office tower awarded LEED Gold certification

British Columbia Investment Management Corp.’s (bcIMC) Park Place has been awarded LEED Gold certification under the Leadership in Energy and Environmental Design (LEED) Canada 2009 program.
Coquitlam has ambitions of becoming Metro Vancouver's new commercial hub

Coquitlam has ambitions of becoming Metro Vancouver's new commercial hub

City of smart ideas prepares to anchor growth in region's central core
Province signs deal with Nazko First Nation

Province signs deal with Nazko First Nation

The B.C. government has signed an incremental treaty agreement (ITA) with Nazko First Nation, under which the band will receive more than 275 hectares of Crown land.
Melbourne, Vienna beat Vancouver for livability: report

Melbourne, Vienna beat Vancouver for livability: report

Melbourne and Vienna have beaten out Vancouver in a new report ranking the world’s most livable cities in 2012. Melbourne took top honours with Vienna in second place, in the annual Economist Intelligence Unit report.
B.C. housing starts to rise this year: CMHC forecast

B.C. housing starts to rise this year: CMHC forecast

B.C. housing starts are forecast to increase to 28,500 in 2012, from 26,400 in 2011, according to Canada Mortgage and Housing Corp.'s (CMHC) third quarter Housing Market Outlook British Columbia Highlights report.
Canadian housing starts moderating: BMO Economics

Canadian housing starts moderating: BMO Economics

Following a busy spring season, the Canadian residential construction market has cooled off and should continue to moderate, according to Robert Kavcic, economist at BMO Capital Markets.
Vancouver house prices to slip, but not plummet: Central 1

Vancouver house prices to slip, but not plummet: Central 1

Fears that Vancouver house prices are set to drop dramatically are overstated, according to a new forecast by Central 1 Credit Union. Central 1, the financial facility and trade association for B.C.
Lower Mainland building permits fall in June after strong May

Lower Mainland building permits fall in June after strong May

Total building permit values in the Lower Mainland-Southwest region were down 16% in June 2012 from May 2012, according to Vancouver Regional Construction Association's (VRCA) analysis of yesterday's Statistics Canada Building Permit Report .
Canada's housing markets beginning to cool: Scotiabank economists

Canada's housing markets beginning to cool: Scotiabank economists

The downside risks to Canada's housing market are increasing, according to a Special Report on Canadian Housing released today by Scotiabank.
National building permit fall in June attributed to B.C. declines

National building permit fall in June attributed to B.C. declines

The total value of Canadian building permits fell 2.5% to $6.8 billion in June, following a 7.1% increase in May, according to Statistics Canada. The decline was largely the result of a decrease in the non-residential and residential sectors in B.C.