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Real Estate

Vancouver’s Olympic Village finally strikes gold

Vancouver’s Olympic Village finally strikes gold

Brisk condo sales, leased retail revitalize Village and help city reduce Games debt
B.C. home sales to dip in 2012, rise in 2013

B.C. home sales to dip in 2012, rise in 2013

Home sales in B.C. will dip 4% to 73,400 in 2012 before rebounding 7.5% to 78,900 units in 2013, according to the British Columbia Real Estate Association (BCREA)'s 2012 Third Quarter Housing Forecast Update released August 30.
Vancouver building boom spurs $1.1b in permits; 6,000 jobs

Vancouver building boom spurs $1.1b in permits; 6,000 jobs

The $1.1 billion that Vancouver rang up in building permits in the first six months of 2012 puts the city on track to have the highest total annual building permits since at least 2007.
Vancouver to give developers free long-term leases on land

Vancouver to give developers free long-term leases on land

NPA blasts city for proceeding with affordable housing initiative before getting council's OK
High-end Olympic Village home sales outpace expectations

High-end Olympic Village home sales outpace expectations

The marketers of Village on False Creek sold six units on the weekend and are outpacing their own sales expectations, Rennie Marketing Systems owner Bob Rennie told Business in Vancouver yesterday.
Immigration and age growth will spur B.C. housing demand: CIBC

Immigration and age growth will spur B.C. housing demand: CIBC

Demographics will help B.C. enjoy the strongest increase in housing demand in Canada during the next decade, CIBC economist Benjamin Tal predicted in a report last week.
B.C. housing affordability erodes further: RBC

B.C. housing affordability erodes further: RBC

B.C. housing affordability has eroded for the second consecutive quarter of the year, according to a report released this morning by RBC Economics.
Local commercial real estate market remains resilient despite global economic headwinds

Local commercial real estate market remains resilient despite global economic headwinds

Metro Vancouver's commercial real estate market remains stable, according to the latest CBRE Ltd. reports.
Construction industry recognizes top contractors

Construction industry recognizes top contractors

Silver Award winners named
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.