Real Estate

B.C.'s standard for subsidized accommodation undermining private-sector market incentive

Developers must find a fresh financing formula as prices for shared hotel units in British Columbia prove a fiscal bust for investors

NPA councillor George Affleck has announced his intention to ask Vancouver city staff to formally address the problem of short leases in Southwest False Creek (SWFC).

B.C.’s just-released budget is a mixed bag for B.C.’s construction industry, according to the Greater Vancouver Home Builders’ Association (GVHBA).

B.C. home sales rose to 1,620 units outside the Lower Mainland, a 7% increase on January 2011, but dropped 10% in Vancouver and the Fraser Valley, according to the British Columbia Real Estate Association (BCREA).

A dispute over a sublease at the Vancouver Convention Centre has pitted tenant Bellaggio Convention Centre Inc . against BC Pavilion Corp. , PCI Convention Corp. and PCI Waterfront Leasing Corp. in the BC Supreme Court .

Limited supply combined with positive perceptions of British Columbia's economy have created a virtual sellers market in commercial real estate

Mayor appoints 14-person group to develop list of priorities to make housing cheaper

Canada's housing markets are expected to remain steady in 2012 and 2013, according to a Canada Mortgage and Housing Corp. (CMHC) report released this morning.

Builders call for radical policy changes to accompany any new Vancouver city-planning regime