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British Columbia

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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Chilliwack hotel plans to address deepening room shortage

Chilliwack hotel plans to address deepening room shortage

The Lower Mainland's hotel stock isn't keeping pace with demand as post-pandemic travel picks up
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B.C. launches $500 million rental building buy fund

B.C. launches $500 million rental building buy fund

Katie Maslechko, CEO, will stick handle controversial B.C. government program that aims to help non-profits buy and preserve older rental apartment buildings
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Comment: Prairie cities offer thousands of homes priced under $200,000

Comment: Prairie cities offer thousands of homes priced under $200,000

Affordable housing is not an illusion in Saskatchewan, Manitoba or Alberta
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