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British Columbia

Industrial strata now more pricey than high-end residential condos

Industrial strata now more pricey than high-end residential condos

Rising lease rates, Canada’s lowest vacancy rate and potential appreciation make strata industrial a hot commodity in Metro Vancouver
Victoria’s building boom creates a mountain of (unwelcome) dirt

Victoria’s building boom creates a mountain of (unwelcome) dirt

‘Thousands of truckloads’ of dirt being hauled and dumped from Greater Victoria building sites draws protests from rural Island communities
Home sales will fall 20 per cent next year: BCREA

Home sales will fall 20 per cent next year: BCREA

Realtor group says current “frenetic” sales pace can’t continue and price increases will also moderate in 2022 after a huge spike this year
April housing sales dip but remain at record high

April housing sales dip but remain at record high

Metro Vancouver sales are 342 per cent higher than a year ago when April transactions fell to a record low as the pandemic chilled the market
Developers get creative as industrial land disappears

Developers get creative as industrial land disappears

Developing in peat bogs and over landfills, sweetening zoning bids and paying record-setting prices for shovel-ready sites continues to pay off
B.C. to temporarily stop taxing homes that do not exist

B.C. to temporarily stop taxing homes that do not exist

Relief from the speculation and vacancy tax on homes that do not and may never exist is only in place for the 2020 tax year
Higher commodity prices boost Canfor, Tech revenues

Higher commodity prices boost Canfor, Tech revenues

Soaring prices for lumber and copper drive earnings, stock value higher for B.C. forestry and mining giants
Amazon rumoured client for giant Victoria distribution complex

Amazon rumoured client for giant Victoria distribution complex

Global retail giant said to be client for $50 million multi-storey build-to-suit distribution centre proposed for Victoria International Airport
BC Step Code will nail up to $48,000 onto new house cost

BC Step Code will nail up to $48,000 onto new house cost

BC Energy Step Code will prove costly as it ascends to new homes that, ideally, generate more energy than they use, builders warn
Metro Vancouver suburban condo projects selling out in hours

Metro Vancouver suburban condo projects selling out in hours

A new 141-unit Surrey development sold out in one hour, another in under 72 hours and 10 townhouses sold in a single day to cap a 143-home sell out in Maple Ridge