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

Realtors not buying CMHC’s 'nightmare' scenario

Federal housing agency forecasts sales will fall up to 29 per cent, home prices will drop 18 per cent and national housing starts could crater by 70 per cent this year. Industry experts beg to differ

KingSett partners on Richmond industrial site

Acquisition with PC Urban Properties an indication of institutional investors piling into Metro Vancouver real estate

B.C. home sales suffer steep drop in April

Not surprisingly, housing activity fell sharply across the province in April. Demand was constrained by lower consumer confidence amid a plunge in the employment and increased economic uncertainty,...

Vancouver poised to allow 12-storey ‘mass timber’ residential, commercial buildings

A total of 13 B.C. municipalities, including Richmond, Surrey and the City of North Vancouver, have already opted in to provincial building code regulations that allow taller mass timber...

Construction costs throw wrench in Surrey’s YMCA facility

City’s growing downtown precinct dealt significant blow as recreation facility cancelled due to $35 million funding gap

Southlands starts after 14 years of debate

Developer now understands “why housing prices are so high”

Allied Properties REIT buys Gastown landmark

Toronto-based Allied Properties Real Estate Investment Trust (REIT) has bought the 115-year-old Landing, a mixed-use commercial landmark in Vancouver’s Gastown area. The Landing was bought from Greg...

Pandemic presents challenges, new ideas for condo pre-sales

The COVID-19 pandemic has forced the closure to walk-in customers of most sales centres for condo projects in the Lower Mainland

Strata corporations urged to be cautious in facilities reopening

Condo gyms would need monitors to ensure distancing, hygiene

Average Vancouver one-bedroom rent down in April due to pandemic: PadMapper

The average cost to rent a one-bedroom Vancouver apartment decreased 2.3% month-over-month in April, according to new PadMapper data. PadMapper looks at median rents for all homes that are currently...