Real Estate

Housing starts in B.C. fell in December, although total starts in the month were relatively flat compared with a year ago, Canada Mortgage and Housing Corp. announced January 9.

Condominium developer Solterra Group confirmed January 10 that it is buying the East Vancouver cultural hub Waldorf Hotel but denied that it plans to raze the 63-year-old building to construct multi-family housing.

Salt Building surprise for Olympic Village condo owners: large ale outlet seen as threat to ambience and property values for residents and city

Vancouver housing prices have fallen year-over-year and will continue to drop this year, according to Royal LePage's House Price Survey and Market Survey Forecast, released this morning.

Home sales in the Greater Vancouver declined nearly 23% in 2012, according to the Real Estate Board of Greater Vancouver (REBGV).

The B.C. government is raising the threshold for the province's homeowner grant well past the $1 million mark, which Finance Minister Mike de Jong said is in response to rising assessments, even though some assessments are going down.

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.