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British Columbia

Avigilon closes $108M sale of downtown Vancouver office tower

Avigilon closes $108M sale of downtown Vancouver office tower

Vancouver tech firm makes tidy profit after purchasing tower for $42 million in 2015
Third of first-time home buyers don’t fully understand ownership costs

Third of first-time home buyers don’t fully understand ownership costs

Many first-time buyers admit to not understanding all costs and mortgage rules, a new survey finds
Vancouver office towers break ground with no confirmed tenants

Vancouver office towers break ground with no confirmed tenants

Speculative building is not slowing down, despite rising “with no tenants at this time”
Burnaby's Lougheed Safeway to be replaced by two-acre park

Burnaby's Lougheed Safeway to be replaced by two-acre park

The park is part of Shape Properties' vision for 'the City of Lougheed'
Developers making tracks to Vancouver’s Railtown

Developers making tracks to Vancouver’s Railtown

Zoning change allows density for light industrial in lower Downtown Eastside
Victoria promises anti-speculation measures in upcoming B.C. Budget

Victoria promises anti-speculation measures in upcoming B.C. Budget

Next week's budget legislation announcement is expected to crack down on real estate tax evasion and money laundering
One-third of baby-boomers helping millennials buy real estate

One-third of baby-boomers helping millennials buy real estate

The median amount gifted from parent to child for real estate purchases is between 25,000 to $49,999 in Vancouver, Calgary and Toronto metro areas
New B.C. retail rules cause rifts in cannabis sector

New B.C. retail rules cause rifts in cannabis sector

Aspiring retailers criticize government bureaucracy and perks given to illegal operators
New report comes up short on housing affordability measures

New report comes up short on housing affordability measures

A 225-page report from Canada Mortgage and Housing Corporation is vague on how to address high home prices in major cities
Mixed-age concept widens appeal of seniors’ housing

Mixed-age concept widens appeal of seniors’ housing

Welcoming younger family members into retirement complexes delivers benefits for seniors – and deepens the market for developers