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British Columbia

Accountant faces hearing for alleged illegal condo marketing scheme

Accountant faces hearing for alleged illegal condo marketing scheme

Vasant Patel is alleged to have lied to mutual fund regulators who investigated his role in the Murrayville House condo marketing scheme in Langley, B.C.
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Private and institutional real estate investors flock to Vancouver

Private and institutional real estate investors flock to Vancouver

Vancouver saw approximately $6.3 billion in investment deals worth $5 million or more last yea
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Robust home sales outpace low inventory in Metro Vancouver last month: board

Robust home sales outpace low inventory in Metro Vancouver last month: board

Home sellers once again getting the upper hand as demand exceeds supply, especially among condos and townhomes
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Home sales jump across Greater Victoria in February

Home sales jump across Greater Victoria in February

Greater Victoria’s residential real estate market saw home sales jump in February, with 563 properties changing hands for the 29-day month, versus 421 sales in the same month last year, when it was 28 days.
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Vancouver Island leads in B.C. population growth

Vancouver Island leads in B.C. population growth

Island cities take five of top 10 spots with development-friendly Langford leading the pack
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Businesses on Vancouver's West Side struggle amid continued rent hikes, taxes

Businesses on Vancouver's West Side struggle amid continued rent hikes, taxes

Business owners in Vancouver’s smallest commercial district are reporting losses ranging from 20 to 50 per cent
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First Nation's deal on bankrupt Sechelt resort site 'too good to pass up'

First Nation's deal on bankrupt Sechelt resort site 'too good to pass up'

Company controlled by shíshálh Nation outbid others at court-ordered sale with $15 million offer, at which "vendor was doing cartwheels"
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‘No relief in sight’ for Metro Vancouver’s office and industrial vacancies: CBRE

‘No relief in sight’ for Metro Vancouver’s office and industrial vacancies: CBRE

Institutional investors bullish on region’s commercial market, with office vacancies set to tighten further while rents rise
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Retailers reeling as coronavirus spooks already skittish lenders

Retailers reeling as coronavirus spooks already skittish lenders

Commercial lenders were already planning to lower exposure to bricks-and-mortar stores before COVID-19 appeared
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Predicted drop in B.C. housing starts not due to demand: CMHC

Predicted drop in B.C. housing starts not due to demand: CMHC

Province expects a precipitous drop in housing starts this year and another slip in 2021, but housing experts warn that is no indication demand for housing has dropped off
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