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

Industrial space shortage pushes Lower Mainland tenants east

Landlord’s market B.C.’s major cities are seeing strong demand for industrial space, a fact underscored by the recent CBRE Ltd. market survey that claims “Vancouver’s industrial hub is leading the...

Canadian cities have among highest homeownership rates in world: RBC

Major Canadian cities may be struggling with affordability issues, but the rate of homeownership is among the highest in the world, according to a recent report by RBC. The bank compared Vancouver,...

Metro Vancouver home sales down year-over-year in February but up from January: REBGV

A total of 1,484 home sales took place across the Metro Vancouver region in February, which is down 32.8% year-over-year and is 42.5% below the 10-year average for the month (see graph below),...

No rental zoning for Port Moody

A bylaw that would see four properties restricted as rental only has not gone ahead

Private college eyes former Metrotown Best Buy site in Burnaby

College classrooms, a library and administrative offices may soon move into the space Best Buy used to occupy in Burnaby’s Metrotown area. Alexander College is looking to move a couple blocks over...

Port Coquitlam looks at PoCo Place towers, a new Pitt River community

Two major projects that would add another 5,000 residents to Port Coquitlam’s borders were pitched by developers this week. Tuesday, at the city’s committee of council, Marwest Development Corp. and...

Regulator fires warning shots at B.C. mortgage brokers amid turbulent market

Acting registrar of mortgage brokers for the Financial Institutions Commission says brokers will face greater scrutiny with rising debt and declining home prices

Metro Vancouver mortgage holders prove resilient

Delinquency rates lowest in Canada despite highest prices and plunging sales

Future of 90-acre Jericho Lands subject of upcoming open houses

Development planning program for site launches at March 2nd and March 7th events

Port Moody development’s rent-to-own program helps condo buyers on pathway to ownership

A unique rent-to-own plan for a new condo development in Port Moody will allow 30 local buyers to rent their unit for two years, with the money going towards their downpayment