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Real Estate

Buyer’s market emerges in Vancouver luxury real estate, says top brokerage

Buyer’s market emerges in Vancouver luxury real estate, says top brokerage

Sales over $4 million fell 13% this past summer, according to Sotheby’s.
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Vancouver office market at ‘turning point’ as investment recovers

Vancouver office market at ‘turning point’ as investment recovers

Leasing activity also expected to pick up following anticipated rate cuts
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Victoria condo owners seek compensation for property-value drop due to new rental rules

Victoria condo owners seek compensation for property-value drop due to new rental rules

The owners of 22 strata units argue legislation limiting the strata units’ use amounts to expropriation
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Vancouver industrial vacancy rate surpasses 3% for first time since 2015

Vancouver industrial vacancy rate surpasses 3% for first time since 2015

Metro Vancouver industrial vacancy rate still among lowest in ÎÚÑ»´«Ã½, says Avison Young
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Kamloops prepares for housing boom as old government building comes down

Kamloops prepares for housing boom as old government building comes down

Hundreds of homes to be built in two-phase project starting in 2025
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Metro Vancouver developers propose shifting construction fees directly to homebuyers

Metro Vancouver developers propose shifting construction fees directly to homebuyers

Metro Vancouver developers say they should not be on the hook for development cost charges levied on new home construction projects to pay for growth-related infrastructure; however, one developer has pitched a proposal that such fees first be financed by government then paid by homebuyers, upon purchase.
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Don’t rule out 75bp cut in overnight rate, says CIBC economist

Don’t rule out 75bp cut in overnight rate, says CIBC economist

Wednesday's interest rate decision by Bank of ÎÚÑ»´«Ã½ could pack a large punch
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Burnaby thwarts provincial transit-oriented housing laws — again

Burnaby thwarts provincial transit-oriented housing laws — again

For the second time, city council has postponed a decision on transit-oriented development required by the ÎÚÑ»´«Ã½ government until the provincial election is settled.
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Vancouver project takes aim at ÎÚÑ»´«Ã½â€™s commercial rent crisis

Vancouver project takes aim at ÎÚÑ»´«Ã½â€™s commercial rent crisis

Multi-phase initiative aims to help independent businesses grapple with affordability issues
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Port Moody's tallest towers would come with a grocery store, plaza and pedestrian bridge

Port Moody's tallest towers would come with a grocery store, plaza and pedestrian bridge

Vancouver-based PCI Developments wants to build two 39-storey rental towers next to the Moody Centre SkyTrain station.
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