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British Columbia

Speculation tax a failure, critics contend

Speculation tax a failure, critics contend

B.C. tax on vacant homes raised $88 million in 2019 but did little to reduce home prices or improve rental affordability, housing experts say
Hotel occupancy plunges below 30 per cent

Hotel occupancy plunges below 30 per cent

Smaller operators “barely hanging on” as persistent pandemic upends tourism and cancels conferences
InterRent, Crestpoint pay $292.5M in Vancouver rental deal

InterRent, Crestpoint pay $292.5M in Vancouver rental deal

Hollyburn, five other vendors involved in 15-building transaction that gives InterRent “critical mass” in Vancouver multi-family market
B.C. was top U-Haul destination in 2020

B.C. was top U-Haul destination in 2020

Alberta moves to No. 3 among provinces and North Vancouver is No. 2 for Canadian cities as a destination for U-Haul movements
BREAKING: Four of five B.C. health hubs out of vaccine

BREAKING: Four of five B.C. health hubs out of vaccine

Some vaccination clinics idle “because they didn’t have any vaccine” according to Health Minister Adrian Dix
Housing sales surge in eastern Fraser Valley

Housing sales surge in eastern Fraser Valley

Mission detached-house sales soared 166 per cent in December to lead the entire Fraser Valley into record-setting territory
Street view spots investor opportunities

Street view spots investor opportunities

Low lending rates, healthy caps and confidence of recovery keep prices for retail property solid – and high on the radar of investors
Economy will accelerate as brakes come off

Economy will accelerate as brakes come off

Retail spending expected to soar as consumers “let loose after spending a year in COVID prison,” BMO analysts say
Home values boosted by $50 billion in one year

Home values boosted by $50 billion in one year

In the teeth of a pandemic, Lower Mainland housing values have soared to new high of $1.46 trillion, according to BC Assessment
Concord brews plans for former Molson Coors site

Concord brews plans for former Molson Coors site

Leaked proposals reveal Concord Pacific brewing bid to have former land rezoned into a high-tech campus with 300,000 square feet of office space and 3,000 homes