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Real Estate

Vancouver real estate projects in receivership: ‘A blip’ or a beginning?

Vancouver real estate projects in receivership: ‘A blip’ or a beginning?

The site assessed at $98M will be allowed to hit the market in about three weeks
Immigration policy changes needed to meet construction demand

Immigration policy changes needed to meet construction demand

B.C.'s residential construction industry is anticipating a 4,500-worker shortfall this year
Real estate receiverships on the rise as projects stall

Real estate receiverships on the rise as projects stall

TORONTO — From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.
Century-old, $16.7M Vancouver mansion at centre of curious legal battle

Century-old, $16.7M Vancouver mansion at centre of curious legal battle

The West Point Grey property was once used for a U2 video shoot.
Metro Vancouver ‘toughest’ rental market in Canada, says CMHC

Metro Vancouver ‘toughest’ rental market in Canada, says CMHC

High immigration levels, mortgage prices keeping would-be homebuyers in rental units.
Vancouver luxury buyers draw bead on single-family homes, says Sotheby’s

Vancouver luxury buyers draw bead on single-family homes, says Sotheby’s

Activity picked up in the second half of last year as buyers shifted their preference to detached homes.
Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

Rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since the Canada Mortgage and Housing Corp. began tracking that data in 1988.
Densification potential underpins sale of Surrey shopping centre

Densification potential underpins sale of Surrey shopping centre

Development potential outweighs impact of high borrowing costs
B.C. municipalities seek fresh ways to address planning delays

B.C. municipalities seek fresh ways to address planning delays

New development taxes, technology, consultants considered
Home staging companies forced to adapt as sellers pull back in slow housing market

Home staging companies forced to adapt as sellers pull back in slow housing market

TORONTO — One walk through a home tells Rachael Stafford what adjustments are needed to pique the interest of potential buyers.