Western Investor

New hotel supply, sales to reach 10-year high this year

National hotel construction and sales volume is expected to exceed historical averages this year, according to a new forecast.  In 2019, new supply is expected to increase by 2% – the highest annual...

Is home-alone trend contributing to housing crisis?

The number of Canadians living all alone has more than doubled in a generation and is now the most common and least affordable form of habitation

High lease prices driving Metro Vancouver’s industrial innovation

Developers hope to stack and pack sites to keep lease, strata costs under control

International Village mall no longer marketed for sale

Less than a week after being reported for sale, Vancouver’s International Village mall no longer appears to be listed for sale. Western Investor reported last week that the mall – once known as...

Vancouver's International Village mall listed for sale as part of larger retail portfolio

The mall is one of three properties being marketed for sale by CBRE for an undisclosed price

Metro Vancouver residential land prices may have already peaked

Nosebleed dirt prices expected to ease as residential downturn, construction costs, politics and financing fears cool land speculation across the region

Landlords the winners as Metro Vancouver housing sales slump

With a near free-fall in Metro Vancouver, British Columbia housing sales will plunge 23 per cent this year, according to the BC Real Estate Association (BCREA), and the projected 2019 recovery will...

Mobile game developer to lease seven floors in Vancouver Centre II office tower

The global company will be the new office tower's lead tenant

Top two B.C. real estate investment towns are up north, third near Lower Mainland

The top two spots, according to BIV’s sister publication Western Investor, in B.C. for real estate investors in 2019 are in the northwest part of the province, which is ground zero for the biggest...

Vancouver housing market highly vulnerable despite easing prices: CMHC

The Metro Vancouver housing market is still exhibiting signs of overvaluation as home prices continue to outpace local income growth, according to a new Canada Mortgage and Housing Corporation (CMHC)...