Real Estate

Bob Dhillon owns an island in Belize and his Calgary-based company, Mainstreet Equity Corp. (TSX: MEQ), hit the $1 billion valuation mark in 2012, but his company seems to be having trouble keeping the heat on at some of its rental properties in Surrey, say frustrated tenants.

Metro Vancouver’s rental vacancy rate climbed 0.4 percentage points to 1.8% in October compared with the same month in 2011, Canada Mortgage and Housing Corp. announced December 13.

Mixed-use residential-retail developers follow string of big-box openings to turn South Vancouver into city’s next hot area

British Columbia had the country’s largest decline in the total value of residential building permits in October, according to Statistics Canada data released this morning.

Vancouver businesses are being lured across the Fraser

Mayor's push for rental apartments will be short-lived if construction and operating costs ignored, say developers

Harbour Centre Complex will get a multimillion-dollar facelift, starting in the spring of 2013.

Accountants, financial planners, lawyers cluster in new Fraser Valley business park

Metro Vancouver commercial real estate transactions fell 13% in 2012’s third quarter compared with the previous quarter, although prices remained stable, RealNet Canada announced November 21.

Buying a home in Vancouver got slightly more affordable this quarter, but the city’s real estate prices remain sharply out of line with those in the rest of the country, according to RBC Economics Research’s Housing Trends and Affordability Report released today.