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Real Estate

Property manager shortage exposed as strata rules change

Property manager shortage exposed as strata rules change

Proliferation of commercial stratas, changes to ‘windups’ and end to rental restrictions demand much more from licensed managers
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Vancouver's Nordstrom space in prime location as destination retail stays strong

Vancouver's Nordstrom space in prime location as destination retail stays strong

High fashion sales last year suggest possible successor at Pacific Centre
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Industry stakeholders working to build up diversity, talent in construction

Industry stakeholders working to build up diversity, talent in construction

Attracting more women to jobs in construction seen as a solution to looming labour crunch
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Calgary initiates expropriation process for rapid transit project

Calgary initiates expropriation process for rapid transit project

Backlog at Alberta land titles office demanded early action to keep construction on track
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Homebuyer sentiments shifting in favour of presale market: MLA Canada

Homebuyer sentiments shifting in favour of presale market: MLA Canada

Opportunity to buy real estate without being affected by higher interest rates pushing more buyers to that market
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Greater Vancouver home sales up 77% from Jan., down 47% from last year: board

Greater Vancouver home sales up 77% from Jan., down 47% from last year: board

VANCOUVER — The Real Estate Board of Greater Vancouver says February's home sales were up 76.9 per cent from January, but down 47.2 per cent from the year before.
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Calgary housing inventory sinks to 2006 levels, sales almost halved: Alberta board

Calgary housing inventory sinks to 2006 levels, sales almost halved: Alberta board

CALGARY — The Calgary Real Estate Board says last month's inventory levels were among the lowest the market has seen in February since 2006 as sales were almost halved from a year ago.
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Vancouver leads nation in office completions, lowest vacancy rate

Vancouver leads nation in office completions, lowest vacancy rate

Nine of the 12 new office towers in Canada opened in Vancouver in Q4 2022 and 28 other projects are under construction across the Metro region
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Budget 2023: B.C. invests $4.2B in housing as part of refreshed housing plan

Budget 2023: B.C. invests $4.2B in housing as part of refreshed housing plan

The government of B.C. is investing $4.2 billion in funding, the largest three-year housing investment in provincial history, to support affordable housing, build rental supply and tackle homelessness, according to Budget 2023, released today, Feb.
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Budget 2023: Home sales and prices expected to decline this year

Budget 2023: Home sales and prices expected to decline this year

Both are forecasted to increase in 2024 with housing starts remaining somewhat level. 
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