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...