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Les Leyne: Sinking feeling as province tries to deal with condo insurance crisis

Les Leyne: Sinking feeling as province tries to deal with condo insurance crisis

Condo residents will develop a sinking feeling once the B.C. government’s moves this week on the insurance crisis are fully digested. They are ineffectual in the short-term and will only make a mild difference over time. B.C.
First phase in Harris Green overhaul is at car dealer site; 17- and 19-storey residential

First phase in Harris Green overhaul is at car dealer site; 17- and 19-storey residential

The transformation of the Harris Green neighbourhood is officially underway with Starlight Developments submitting a rezoning application this week to the City of Victoria for the first phase of its Harris Green Village project.
Clash of ideas on View Royal gateway

Clash of ideas on View Royal gateway

There are two clashing visions for the most appropriate type of development for the entrance to View Royal at the high-profile corner of Helmcken Road and Burnside Road West. Developer Invictus Commercial Investment Corp.
Home sales rebound from record lows; B.C. sees several ‘signs of recovery’

Home sales rebound from record lows; B.C. sees several ‘signs of recovery’

Sales of residential properties in Canada last month climbed from a record low in April, but remained nearly 40 per cent lower than the same month in 2019.
New development would straddle Colwood and Langford

New development would straddle Colwood and Langford

A sloping undeveloped chunk of land covered with blackberry vines is set to become a major mixed-use development straddling Colwood and Langford.
Capital Iron building part of 6.7 acres bought by Reliance; store to keep operating

Capital Iron building part of 6.7 acres bought by Reliance; store to keep operating

Reliance Properties, which was behind the transformation of the Janion building on Store Street, has picked up nearly seven acres of downtown Victoria, including the site of the Capital Iron building, in a transaction expected to close by the end of
For real estate, reopening ‘won’t be a flood but a large trickle of business’

For real estate, reopening ‘won’t be a flood but a large trickle of business’

The second phase of the province’s economic restart will look and feel a lot like the first for the real estate market according to the experts.
As sales decline, some home and condo prices increase

As sales decline, some home and condo prices increase

Despite a global pandemic that has decimated economies around the world, Victoria’s real estate market continued to chug along in April, albeit at a much slower pace.
Rent is due: worries about being able to pay

Rent is due: worries about being able to pay

Property managers, landlords and building owners are bracing for bad news today, as the COVID-19 pandemic’s effect on the economy is expected once again to disrupt the property rental market.
Real estate sales expected to slide, with fewer sales than usual through summer: BCREA

Real estate sales expected to slide, with fewer sales than usual through summer: BCREA

B.C.’s housing market will take an initial a dive due to the coronavirus-driven recession, but it is expected to recover next year, says the industry’s association. Sales throughout B.C.