Peter Mitham
Caution rising but capital keeps flowing into Vancouver market
Steady strength When investment sales figures for the first half of 2018 began being released in September, signs pointed to a record year and rising caution. CBRE Ltd. indicated that 2018...
Core industrial land users getting small as large users look east
Growing smaller Vancouver may be Canada’s biggest West Coast port but its industrial space is shrinking, not only in quantity but in scale. CBRE Ltd. reports there were eight land transactions,...
The Exchange lands Amazon; the NDP woos industrial users
Amazon flows on Technology and co-working firms lead office tenant demand in Metro Vancouver, Jones Lang LaSalle (JLL) reports, driving 47% of deals in the region and 50% of downtown office...
Vancouver land rush over as Metro housing market slows
Land rush over All signs point to the end of the residential land rush in the Lower Mainland – though Michael Ferreira of market research firm Urban Analytics Inc. didn’t use those exact words in...
Government-owned infrastructure worth big bucks in B.C.
Housing longevity Those wondering where municipal tax dollars go will appreciate the fascinating run of data Statistics Canada published last week, just in time for this week’s civic elections in...
Tight downtown office market sends companies to Broadway
Going down, downtown Triple-A office vacancies in Vancouver continued to decline in the third quarter. Preliminary numbers from Cushman & Wakefield indicate a dramatic drop in the city proper...
Strong market, rising interest rates raise market correction fears
Sober first thoughts When the elder statesmen of the real estate industry speak to younger generations, the sky-high interest rates of the early 1980s stand out as one of the defining moments in...
Stratas bank millions in anticipation of future costs
Depreciation reports important, but not always valued by building owners
Housing affordability still a top B.C. real estate concern: survey
Top of mind Vancouver council voted last week to manage the city’s non-market housing assets as a single real estate portfolio, one worth $2 billion. “The Vancouver Affordable Housing Endowment...
Speculation tax tightens residential market supply
Percentage of foreign buyers of Metro real estate down in 2018’s first six months