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British Columbia

Vancouver condo sales soar 175 per cent in six months

Vancouver condo sales soar 175 per cent in six months

Condo benchmark price has risen nearly $50,000 from January 2023 to challenge all-time peak
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Jericho Land neighbours push back on project’s density

Jericho Land neighbours push back on project’s density

Coalition says the Indigenous-led development is 'too high, too dense’ and is aiming for ‘higher-end profitability’
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McLeod Lake Indian Band plans $5B hydrogen plant with Mitsubishi

McLeod Lake Indian Band plans $5B hydrogen plant with Mitsubishi

Shared project with Mitsubishi Power, 90 km north of Prince George, would create 600 construction jobs and would require permanent workforce of 250
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CBRE report says office vacancy rate in Q2 rose to highest level since 1994

CBRE report says office vacancy rate in Q2 rose to highest level since 1994

TORONTO — The national office vacancy rate in Canada climbed in the second quarter to its highest level since 1994, according to a report by commercial real estate firm CBRE. The firm said Tuesday that the national office vacancy rate rose to 18.
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Peace River landowners shut down Treaty 8 land-share plan

Peace River landowners shut down Treaty 8 land-share plan

Proponents cite ”disinformation” but conflict shows disconnect between Peace District officials and local farmers and other landholders
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Waterfront listings that caught our eye this week

Waterfront listings that caught our eye this week

Affordable waterfront properties drew our attention as summer officially begins
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Nanaimo seeks developers for key vacant lots in push to revitalize downtown

Nanaimo seeks developers for key vacant lots in push to revitalize downtown

High profile sites include fire-ravaged Jean Burns property
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Commercial real estate transactions drop 58 per cent

Commercial real estate transactions drop 58 per cent

B.C. Lower Mainland sales dollar volume also fell, dropping nearly 65 per cent in first quarter from a year earlier to the lowest level since 2019
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High costs detour immigrants away from B.C. and into Alberta

High costs detour immigrants away from B.C. and into Alberta

Alberta – with GDP growth twice as high as B.C. and housing prices more than twice as low – is attracting a record number of immigrants
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Office leases not being renewed in downtown Vancouver

Office leases not being renewed in downtown Vancouver

Some space up for sale, other eyed for conversion as hybrid work shakes confidence in office tower sector
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