Real Estate

BIV's real estate coverage ranges from reporting the latest statistics to providing in-depth analysis of all real estate issues in Vancouver and British Columbia

Philanthropist, businessman Robert H. Lee dies at 86

Lee founded Prospero Group in 1979, was UBC chancellor and chair of UBC Properties Trust

Housing-start drop not due to demand: CMHC

The province expects a precipitous drop in housing starts this year and another slip in 2021, but housing experts warn that is no indication demand for housing has dropped off or that homebuilders...

New West condo owners launch petition in response to insurance crisis

Soaring insurance premiums are causing panic among some condo owners. Asifa Lalji, who owns a condo in Anchor Pointe at the Quay, said her strata had been anticipating increases to their insurance...

Collaboration essential to resolving B.C. development dilemmas

Crisis response A year ago, Anthem Properties Group CEO Eric Carlson announced at the Urban Development Institute’s (UDI) annual forecast luncheon that he was decamping for Sacramento, as the...

Budget 2020: No new relief for renters or homebuyers

Zero new housing measures or changes to housing policy from provincial government, which uses Budget 2020 to reiterate existing 10-year plan

Condo owners face huge bills from massive strata insurance rate hikes

Strata property owners – and those who rent from them – are looking at unprecedented costs, while some strata buildings risk losing their insurance entirely

Condo buildings face insurance crisis as premium rates soar

Insurance costs for strata corporations have been skyrocketing in condo-heavy markets such as Vancouver, Toronto and New York, while some buildings have been told flat out their insurance will not be...

B.C. residential sales, prices jump year over year: BCREA

Housing market “off to a strong start in 2020” as many regions recover from recent downturn

Metro Vancouver’s office vacancy rate to tighten further to record lows: report

Market is at a “critical juncture” with demand from global technology firms making it increasingly “a victim of its own success,” says Avison Young

Plans for new hotels could ease Vancouver room crunch

West Broadway development, St. Regis expansion, renovated Four Seasons in the works