Western Investor staff
Industrial asset sales fall 59 per cent in Metro Vancouver as financing costs increase
Total commercial and industrial transactions in second quarter down 54 per cent year-to-year at $1.76B across B.C.’s Lower Mainland
Vancouver, gulp, is less green than Lethbridge or Guelph: survey
City ranked eighth as Canada’s greenest city, with Kelowna taking the top spot
Changing strata law to 55-plus not a blanket ban on young
Some B.C. strata corporations have changed or plan to change to a 55-plus age regulation to get around a new provincial law that stops a ban on condo rentals
Industrial leads downturn in Metro commercial sales
Q2 commercial property deals down 34 per cent, sales volume drops to $3.26 billion
Fraser Valley home prices up from last year as market ‘balances’
August sales were up from July and benchmark prices increased about 15 per cent compared to a year earlier
Student rental housing tower approved in New Westminster
Douglas College $295M, 20-storey, 368-bed facility will start construction in 2023
Detached-house sales-to-listing ratio slips below 12 per cent
Metro Vancouver July home sales drop 22.8 per cent from June as prices declined for the third straight month
City of Vancouver launching ‘user-friendly’ zoning by-law
Coming this November, the revised Zoning and Development By-law is meant make regulations simpler and more consistent
Land sales dominate commercial deals in Lower Mainland
Land transactions accounted for $2 billion, more than half of the total commercial real estate volume in the first-quarter 2022
TransLink turns to real estate development to make up for pandemic revenue losses
CEO calls venture a ‘creative way’ to boost funding