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Real Estate

B.C. sees largest increase in commercial building investment in Canada

B.C. sees largest increase in commercial building investment in Canada

Commercial building construction in British Columbia rose 6.0% to $819 million in the 2012's third quarter, according to a Statistics Canada report issued today. B.C.
Developers offered incentives to build safer, accessible homes

Developers offered incentives to build safer, accessible homes

The B.C. government is offering developers incentives to build safer, more accessible homes. The SAFERhome Standards Society will receive a $60,000 grant from the government to fund a two-year pilot project to build more accessible homes.
Vancouver versus Seattle: A tale of two cities

Vancouver versus Seattle: A tale of two cities

Seattle's residential real estate ramps up while Vancouver's loses its lustre
Downtown Vancouver has country’s highest commercial-to-residential tax ratios

Downtown Vancouver has country’s highest commercial-to-residential tax ratios

Vancouver’s downtown area has Canada’s highest commercial-to-residential property tax ratios, followed by Toronto and Montreal, according to a survey released today by the Altus Group for the Real Property Association of Canada (REALpac).
Smallest condos in Canada being built in Surrey

Smallest condos in Canada being built in Surrey

Richmond-based developer Tien Sher has announced that its newest project, a four-storey building in Surrey, will be home to the country’s smallest condos. The development will have 56 micro-suites, with some as small as 290 square feet.
Vancouver home starts slip in September

Vancouver home starts slip in September

Housing starts in Metro Vancouver slipped slightly in September, according to Canada Mortgage and Housing Corp. (CMHC) September’s seasonally adjusted housing starts put the region on track for 20,239, CMHC reported October 9.
Residential real estate market concerns spark debate over what government should do to mitigate meltdown

Residential real estate market concerns spark debate over what government should do to mitigate meltdown

Ideas focused on reducing economic impact of a major house price correction
City, mayor to deliver new affordable housing

City, mayor to deliver new affordable housing

Vancouver City Council moved forward yesterday with a series of actions to create new affordable housing and protect renters in Vancouver, while increasing engagement with citizens and neighbourhoods.
Vancouver housing market posts slight year-over-year price drops

Vancouver housing market posts slight year-over-year price drops

Vancouver properties showed modest year-over-year price decreases as inventory has started to climb, according to the Royal LePage House Price Survey released yesterday. Detached bungalows posted a decrease of 0.
Conditions continue to favour buyers in Vancouver housing market: REBGV

Conditions continue to favour buyers in Vancouver housing market: REBGV

Residential property sales declined 32.5% in September to 1,516 units sold, compared with the 2,246 sales in September 2011, according to the Real Estate Board of Greater Vancouver (REBGV). This was also a marked decrease of 8.