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Real Estate

Rob Shaw: B.C. renters now entitled to highest rate of interest on deposits in two decades

Rob Shaw: B.C. renters now entitled to highest rate of interest on deposits in two decades

Landlords are required to pay 1.95 per cent interest on deposits in 2023, under a formula that sets the rate of prime minus 4.5 per cent.
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Rethinking use of downtown office space leading to more subleases, vacancies

Rethinking use of downtown office space leading to more subleases, vacancies

The office market is in a period of adjustment as companies understand with more certainty the needs of their employees.
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Displaced Merritt, B.C., residents to move into transitional housing

Displaced Merritt, B.C., residents to move into transitional housing

MERRITT, BRITISH COLUMBIA — Nearly 15 months after catastrophic floods forced the evacuation of the southern interior city of Merritt, B.C., some residents whose homes were destroyed will soon move into new transitional housing.
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Deloitte bringing workers back with new B.C. HQ

Deloitte bringing workers back with new B.C. HQ

The new downtown Vancouver space accounts for the changing nature of in-person work
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Major Vancouver condo developer seeks creditor protection

Major Vancouver condo developer seeks creditor protection

Coromandel has $700 million of debt stemming from the purchase of 16 groups of properties between 2016 and 2021.
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Canada's housing market to see listings fall in first quarter, before rebounding: TD

Canada's housing market to see listings fall in first quarter, before rebounding: TD

TORONTO — A new report says Canada's housing market will see new listings fall in the first quarter before rebounding later in the year and then, slowing to a more modest growth pace in 2024.
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Transit to shape Metro Vancouver office development in 2023

Transit to shape Metro Vancouver office development in 2023

With implications for ESG, affordable housing and in-person work, accessible transportation and transit-oriented development is top of mind for B.C. industry leaders
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B.C. residential real estate investors unfairly ‘painted as speculators’: BCREA

B.C. residential real estate investors unfairly ‘painted as speculators’: BCREA

Most B.C. homeowners-investors also landlords, according to B.C. Real Estate Association economist
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Opinion: Remembering Larry Fisher – a titan of B.C.’s construction industry

Opinion: Remembering Larry Fisher – a titan of B.C.’s construction industry

The construction industry, Surrey and B.C.’s free-enterprise movement lost a legendary figure this weekend, when Lark Group founder Larry Fisher passed away after a long, furious fight with cancer.
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Wall Financial's shares spike 16 per cent after dividend announcement

Wall Financial's shares spike 16 per cent after dividend announcement

Vancouver-based company declared a $3-per-share dividend Friday
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