Browsing Tag

BC

Online real estate auctions try to shake up sales with novel approach

Amy Smart – THE CANADIAN PRESS Mar 25, 2019

An online auction for a luxury home in Abbotsford, B.C., is drawing attention for its novel approach, which some observers say has potential to inspire new sales even if it doesn't have any notable impact on the housing landscape.…

Building

Prairie landlords singing (slightly) happier tune as rents rise, vacancies slip

Dan Healing – THE CANADIAN PRESS Mar 18, 2019

CALGARY – Four years after an oil price crash that's been blamed for more than 40,000 oilpatch job cuts in Western Canada, stability is returning to the residential rental market.Apartment owners including Boardwalk REIT and Mainstreet…

Building

Vancouver opens 2,000 cases, takes action against 800 short term rentals

The Canadian Press Mar 14, 2019

VANCOUVER – The City of Vancouver says it's opened more than 2,000 case files and taken enforcement action against 820 suspected unauthorized short-term rentals since new rules came into effect requiring operators to have a business…

Building

B.C. building code adjusted upwards to allow 12 storey wood buildings

The Canadian Press Mar 14, 2019

OKANAGAN FALLS, B.C. – The height limit for wood buildings in British Columbia is rising to 12 from six storeys in a move that Premier John Horgan expects to spur development using timber and give the province a headstart on other parts of…

Building

Study Finds BC Energy Step Code Could Deliver up to 1,700 jobs

Building Mar 12, 2019

The Vancouver Economic Commission (VEC) has launched the Green Building Market Forecast, a report quantifying the potential economic impact of the BC Energy Step Code (ESC) in Metro Vancouver. The study identified a $3.3 billion market…

Building

Vancouver expects $30 million in first year of empty homes tax

THE CANADIAN PRESS Nov 7, 2018

VANCOUVER – The City of Vancouver says it has collected $18 million from the first year of its empty homes tax and another $12 million could still flow into its coffers.The city says in a news release that it expects to generate a total…

Architecture

British Columbia’s housing crisis to be tackled at Small Housing Summit in Vancouver

Building Nov 6, 2018

On November 17, 2018, Small Housing BC (SHBC) will host the Small Housing Summit to explore what role small housing can play in addressing the housing crisis. The first of its kind in Canada, this one-day conference will highlight…

Real Estate

Vancouver home supply up as sales remained below long-term historical averages in October

Building Nov 2, 2018

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,966 in October 2018, a 34.9 per cent decrease from the 3,022 sales recorded in October 2017, and a 23.3 per cent increase…

Building

Prices and homes listed up, sales down in Metro Vancouver real estate market

Building Jul 4, 2018

With home sale activity dipping below long-term historical averages, the supply of homes for sale in Metro Vancouver reached a three-year high in June.The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales…

Building

Avison Young releases year-end 2017 BC real estate investment review

Building Mar 21, 2018

According to new analysis from Avison Young, BC commercial real estate investment activity and dollar volume achieved new heights in 2017 with the disposition of 230 office, industrial and retail properties valued at $7.5 billion during…

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