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Real Estate

Realtor commissions get fresh look amid litigation, B.C. market recovery

Realtor commissions get fresh look amid litigation, B.C. market recovery

Commission structures may appear to be opaque to some buyers and sellers
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Contractor's lawsuit alleges more than $1M in unpaid work on Okanagan development

Contractor's lawsuit alleges more than $1M in unpaid work on Okanagan development

Lawsuit seeks compensation for construction, landscaping, equipment costs
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Banks lower prime rates following Bank of Canada move

Banks lower prime rates following Bank of Canada move

TORONTO — Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada.
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Removal of tower limits on Broadway up for Vancouver council debate

Removal of tower limits on Broadway up for Vancouver council debate

Proposed amendments trigger petition from planners, architects; 139 citizens registered to speak to council Wednesday
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Subcontractor sues Thind Properties’ distressed Highline project for $500K

Subcontractor sues Thind Properties’ distressed Highline project for $500K

Metrotown project already subject of receivership petition by lender
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Legal finger-pointing continues over damage caused by the construction of UBC Okanagan

Legal finger-pointing continues over damage caused by the construction of UBC Okanagan

Residents displaced, buildings demolished, damages mount as legal battles intensify
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Misrepresentation top complaint against B.C. real estate, says report

Misrepresentation top complaint against B.C. real estate, says report

Realtors dinged for providing inaccurate information to clients about properties
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One-quarter of B.C. homebuyers were investors at outset of pandemic, says StatCan

One-quarter of B.C. homebuyers were investors at outset of pandemic, says StatCan

Investors accounted for almost 40 per cent of Kelowna condo buyers in 2019
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Key takeaways from BIV’s conversation with Vancouver Mayor Ken Sim

Key takeaways from BIV’s conversation with Vancouver Mayor Ken Sim

Mayor of Vancouver talks public safety, housing and development at BIV event
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Burnaby buys old Metro Vancouver towers in Metrotown for $65M

Burnaby buys old Metro Vancouver towers in Metrotown for $65M

The city is eyeing future uses for the buildings, including potentially as a temporary city hall location for when the current facility is upgraded.
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