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British Columbia

Record-low national industrial vacancy rate led by Vancouver, Winnipeg declines

Record-low national industrial vacancy rate led by Vancouver, Winnipeg declines

Vancouver and Winnipeg have vacancies trending below the 3.3 per cent national average
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B.C. Residential Tenancy Act changes give more rights to tenants

B.C. Residential Tenancy Act changes give more rights to tenants

Landlords must now give tenants four months’ notice for eviction in order to renovate
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Two-thirds of speculation tax payers will be B.C. residents

Two-thirds of speculation tax payers will be B.C. residents

With lower rate, British Columbians will contribute a third of the overall tax revenues
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Wendy’s near future Millennium Line Broadway Extension listed for sale

Wendy’s near future Millennium Line Broadway Extension listed for sale

The site is one of the last remaining parcels along the in-demand intersection of Cambie Street and West Broadway that has yet to be slated for redevelopment
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Foreign buyers, city see potential in commercial strata

Foreign buyers, city see potential in commercial strata

Exemption from speculation and other taxes attracts investor interest
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Second dwelling approved for Richmond ALRs; home sizes to remain at status quo

Second dwelling approved for Richmond ALRs; home sizes to remain at status quo

A motion to limit home sizes to 5,382 square feet was defeated
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Boomers cashing in on high-value homes to buy vacation properties

Boomers cashing in on high-value homes to buy vacation properties

Retirees driving demand for recreational real estate
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Housing restrictions add hundreds of thousands to Vancouver home prices

Housing restrictions add hundreds of thousands to Vancouver home prices

Greater Vancouver gap between building cost and market price largest in Canada
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Chinese e-commerce giant seeks real estate for Vancouver office

Chinese e-commerce giant seeks real estate for Vancouver office

Alibaba plans to open its first Canadian office in Vancouver, expected to employ at least 30 people in the next few years
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B.C. real estate price trajectory flattens with slow sales, more listings

B.C. real estate price trajectory flattens with slow sales, more listings

Rising inventory creates “less upward pressure on prices”
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