Peter Mitham
Full and fuller: hotels, office space face record-low vacancies
Full house The first long weekend of cottage season in much of Canada has just passed, even though the North Shore backcountry remains hazardous. It may be summer in the city, but it’s still winter...
BC Tree Fruits sets course for packing-house consolidation
Core business BC Tree Fruits Cooperative has purchased 85 acres near Kelowna International Airport for a new packing plant and cider facility as part of the ongoing consolidation of its real estate...
ALR advisory committee slams industrial land redevelopment
Making reservations Publication last week of the final report of the committee charged with recommending ways to revitalize the Agricultural Land Reserve (ALR) and the commission that oversees it –...
Real estate employment, licensees buck market trends
Strong employment Residential sales data for April, set for release later this week, will likely deliver further proof that 2019 sales activity is lagging behind that of previous years. While...
Vancouver searching for solutions to disappearing hotel rooms
Thousands needed Vancouver’s housing crisis is well known, but an Urban Development Institute (UDI) discussion on April 30 will focus on accommodation for visitors. UDI typically advocates for...
Residential price drop failing to ease Vancouver’s housing crisis
Prices will double Ten consecutive months of declines in the Real Estate Board of Greater Vancouver’s benchmark home price have brought the figure down 7.5% since last May to $1,011,200. Sales are...
Wood investment turns into gold for Vancouver developer
Critical mass Wood towers have come a long way since the log skyscrapers of Whitehorse, landmarks on the skyline of the northern city that have since been dwarfed by trials of six-storey wood-frame...
NDP denying landowners the right to self-representation: critics
Farmland bill B.C. Agriculture Minister Lana Popham was at a loss for words in the legislature last week as opposition MLAs took her to task in advance of second reading of Bill 15, which proposes...
B.C. tallies near-record investment sales in 2018
Slowing investments A year later and a billion shorter: that’s the short story of Avison Young’s roundup of B.C. real estate deals in 2018, which saw $6.5 billion in deals worth $5 million and...
Housing statistics yield surprises about non-resident ownership
Non-resident ownership Canada Mortgage and Housing Corp.’s latest housing market insight report grabbed headlines last week thanks to the details it provided on non-resident ownership of residential...