Peter Mitham

Is housing affordability on the BC NDP’s 2018 budget menu?

  Budget promises B.C. Finance Minister Carol James will have the spotlight February 20 when she delivers the BC NDP’s first full-fledged provincial budget in 17 years. The past several months have...

Kelowna hotel sector reaping rewards from city’s robust economy

  Spanish flair Thompson Okanagan hotel prospects exuded a warm glow during an overview of markets across Canada at the Western Canadian Lodging Conference in Vancouver last November. “There...

Real estate developers pay to keep Metro Vancouver transit projects on track

Developers have anted up to start and complete Metro Vancouver transit plans, which are seen as “crucial” to the local economy – and real estate sales. At the Marine Gateway Canada Line station in...

Housing momentum slowing, but more supply still needed

Slowing momentum Affordability was the elephant in the room at the annual Urban Development Institute (UDI) forecast luncheon on January 18. While few panellists mentioned it by name, its shadow...

Snowbirds face turbulence

A temperate climate, universal health care and spectacular scenery make B.C. the destination of choice for retirees from across Canada. But with the price of real estate, not to mention the cost of...

Metro apartment sales broke through the $2 billion mark in 2017

Real estate roundup Record volume Purpose-built rental apartments are a hot topic these days as politicians continue to seek to be seen to be doing something about housing...

New industrial zoning reviving Railtown; ALR set for review

Railtown revival   I-4 zoning (“historic industrial”) came into effect in Railtown last May, and since then sales activity and development in the 15.5-acre district adjacent to the port has surged....

Businesses give city’s commercial rent controls the cold shoulder

Rent consultationWhile the province revamped residential tenancy regulations last fall by eliminating a loophole allowing landlords to sign tenants to annual leases that would reset (rather than...

Vancouver apartment market heats up as building starts stall

Déjà vu One of the first purpose-built rental properties to sell in a forward sale in Vancouver during the current surge in rental construction has come forward again. Mayfair Properties Ltd. is...

To your health

One of the key attractions of B.C. in the eyes of immigrants is its highly regarded system of universal health care. While workers relocating from other parts of Canada take it for granted, it’s an...