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Real Estate News

Are more tall wood buildings on the way in B.C.?

Are more tall wood buildings on the way in B.C.?

Provincial government changes B.C. Building Code to allow for mass timber buildings of up to 12 storeys

Non-residents own 3.7% of B.C. homes, much higher in new units: CMHC

Median value of Greater Victoria homes owned by foreign nationals is much higher than 91Ô­´´-owned homes, according to federal housing agency
Hectic building pace continues in Greater Victoria, but signs of slowdown emerging

Hectic building pace continues in Greater Victoria, but signs of slowdown emerging

Greater Victoria’s home construction industry has bolted from the start line in 2019, but industry experts worry the devil is in the details.
Opinion: Good luck trying to rent a mansion with your buddies

Opinion: Good luck trying to rent a mansion with your buddies

There may be an influx of large homes to rent, because of new taxes and slow sales, but that doesn’t mean you can share them with your friends

B.C. real estate not alone as home prices slide across prime global cities

London, Sydney, Hong Kong and more seeing price declines over past year, reports The Economist – a correlation that could herald a global recession
Victoria wants province to change assessments on short-term rental condos

Victoria wants province to change assessments on short-term rental condos

Victoria Mayor Lisa Helps hopes to meet with provincial Housing Minister Selina Robinson to press the city’s case for a change in how condominiums used as vacation rentals are assessed.
Availability of newly built and presale condos skyrockets in Metro 91Ô­´´: report

Availability of newly built and presale condos skyrockets in Metro 91Ô­´´: report

Number of concrete condos complete and unsold or available for presale quadruples in a year, finds quarterly report
Former BC Hydro chair's waterfront home listed for sale (PHOTOS)

Former BC Hydro chair's waterfront home listed for sale (PHOTOS)

Ultra-luxe, energy-efficient, Frank Lloyd Wright-inspired house in West 91Ô­´´ is owned by clean-tech entrepreneur Mossadiq Umedaly
Metro 91Ô­´´â€™s high-flying industrial real estate faces turbulence

Metro 91Ô­´´â€™s high-flying industrial real estate faces turbulence

Rising costs, retail slump cloud sector posting Canada’s highest lease rates and sale prices
What it costs to build real estate in Canada

What it costs to build real estate in Canada

Altus Group provides the hard construction costs for multi-family, industrial and commercial real estate projects – but no prizes for guessing the most expensive city