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British Columbia

Sublease office space spikes in Vancouver

Sublease office space spikes in Vancouver

New subleases total more than 500,000 square feet of space and nearly doubled Vancouver’s downtown office vacancy rate to 4 per cent
B.C.foreign-homebuyer tax appears politically bulletproof

B.C.foreign-homebuyer tax appears politically bulletproof

Regardless of political stripe, nearly 80 per cent in B.C. want to forbid non-Canadians from buying real estate in B.C. and most also support higher speculation taxes on residential owners
Soaring insurance rates puts condos at risk

Soaring insurance rates puts condos at risk

Rates for mandatory Insurance for Metro Vancouver strata corporations have soared 50 per cent and are up 40 per cent across B.C.
CAPREIT joins free rent offerings

CAPREIT joins free rent offerings

Mega-landlord CAPREIT has followed a Vancouver trend in offering one month free rent deals as city rental rates drop for first time in years
B.C. landlords question horizon on eviction ban

B.C. landlords question horizon on eviction ban

B.C. Housing minister urges landlords and tenants to work together as pandemic measures extended to June 23
Multi-family sales soar 900 per cent across Lower Mainland

Multi-family sales soar 900 per cent across Lower Mainland

Land and multi-family rentals accounted for more than half the dollar volume as Lower Mainland commercial real estate transactions surged to $2.1 billion in Q1
Historic Odd Fellows achieve unique rental solution

Historic Odd Fellows achieve unique rental solution

A 177-year old fellowship has used a uniquely Vancouver solution to replace its aging seniors home with sleek new affordable housing
Virtual public meetings open on LNG plant

Virtual public meetings open on LNG plant

Tilbury expansion would increase the facility's LNG production capacity by more than 50 per cent per day for at least 40 years.
Update: 18 per cent of retailers missed May rent

Update: 18 per cent of retailers missed May rent

Commercial landlords in B.C. and Aberta say many tenants are not paying rent: options are taking limited government aid or evictions, but not both
CMHC adds new level of stress to homebuyers

CMHC adds new level of stress to homebuyers

New debt rate policy could cut homebuyer purchasing power by 11 per cent and freeze many first-time buyers out of the market, analysts say