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
Private and institutional real estate investors flock to Vancouver
Institutional investment Vancouver saw approximately $6.3 billion in investment deals worth $5 million or more last year, according to Jones Lang LaSalle IP Inc., 13.4% of the $47 billion recorded...
Mixed use becoming crucial for big retail builds
Residential mixing with office, industrial as developers hedge bets, widen margins
Robust home sales outpace low inventory in Metro Vancouver last month: board
Home sellers once again getting the upper hand as demand exceeds supply, especially among condos and townhomes
B.C. budget boosts housing funding, cuts off local government
Local losers Prudence was the message as B.C. Finance Minister Carole James tabled her budget last week. “The old practice of hoarding surplus at the expense of people is over,” she declared early...
First Nation’s high bid claims bankrupt Sechelt development
Vendor ‘was doing cartwheels’ after court-ordered sale of 397-acre Sunshine Coast waterfront site
Metro Vancouver’s luxury home prices forecast to slip further
While the region’s overall market recovers from recent correction, prime real estate still has a way to go, predicts Royal LePage
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...