Western Investor

Multi-family rental sales shatter records in Metro Vancouver

Sale volume hit $1.64 billion in the first six months, 235% higher a year earlier and 14% above the all-time record set in pre-pandemic 2018

Bill C-208 is now law: Freeland

Finance Minister overrules officials to rule new legislation to level playing field when transferring a business within a family is now in effect

Average B.C. home down payment is almost $160k

Down payments are more than $100,000 higher than in Quebec, where buyers paid the lowest level in the country, new study shows

Metro’s Q1 commercial real estate sales hit $2.7 billion

Multi-family sales led the pace, but the $103 million dollar sale of MEC’s former headquarters also kept Vancouver the No. 1 investment market in Canada

Vancouver city manager calls for pause on ‘net-zero’ homes

One-year moratorium on strict energy regulations would help ease city backlog on residential permit processing

Construction starts on North Van’s massive Lonsdale Square

Mixed-used community will include more than 800 homes and a new recreation centre

New West edges Vancouver as Millennial magnet

Survey of 85 Canadian cities places New Westminster No. 6 as the best city for Millennials to buy a home, raise a family and work – Vancouver ranked No. 13

Amazon plans massive ‘robotic’ distribution centre in Richmond

E-commerce giant's 450,000-square-foot fulfillment centre at Port of Vancouver among plans for five new distribution hubs in Metro Vancouver

Developers get creative as industrial land disappears

Developing in peat bogs and over landfills, sweetening zoning bids and paying record-setting prices for shovel-ready sites continues to pay off

Hard core of work-from-homers won’t return to office

About one in three professionals working from home due to the pandemic would quit their job rather than return to the office full time: survey