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Real Estate

Return of travel spurs new hotel construction, investment

Return of travel spurs new hotel construction, investment

Repositioning opportunities abound as market gains traction
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Burnaby strata claims two owners behind giant Metrotown LED screen going dark

Burnaby strata claims two owners behind giant Metrotown LED screen going dark

A $1-million, 4,300-square-foot screen wrapped around a Metrotown condo tower was touted as the largest non-commercial urban art LED display in North America, but it hasn’t lit up for years.
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Economic climate 'extremely challenging,' rental-project developers say

Economic climate 'extremely challenging,' rental-project developers say

Interest rates combined with local governments requests for everything from transportation to parks can hamper a project’s financially viability
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Richmond condo developer gets reprieve, nearly half the units remain for sale at Prima

Richmond condo developer gets reprieve, nearly half the units remain for sale at Prima

Sale of remaining units "slower than anticipated," largely due to interest rates, says court filing.
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Competition Bureau investigating use of restrictive property clauses in grocery

Competition Bureau investigating use of restrictive property clauses in grocery

The Competition Bureau is investigating the use of restrictive real estate clauses in the Canadian grocery sector.
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Homebuilders group pushing for 30-year mortgages to boost construction in Canada

Homebuilders group pushing for 30-year mortgages to boost construction in Canada

OTTAWA — The group that represents residential builders in Canada wants Ottawa to offer a 30-year amortization period for insured mortgages on new homes.
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Non-profit buys two B.C. co-ops, using $71 M grant from affordable housing fund

Non-profit buys two B.C. co-ops, using $71 M grant from affordable housing fund

COQUITLAM, B.C.
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Parksville keeps battling for a break from B.C.'s new short-term-rental rules

Parksville keeps battling for a break from B.C.'s new short-term-rental rules

So far, the province has shown no sign of budging on the new short-term-rental rules
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Could cap on international students shake up Metro Vancouver office vacancy?

Could cap on international students shake up Metro Vancouver office vacancy?

Schools may be forced to re-think real estate needs, according to Avison Young report.
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‘No surprise’ B.C. buyers willing to leave province to achieve homeownership, says report

‘No surprise’ B.C. buyers willing to leave province to achieve homeownership, says report

First-time buyer rebates are ‘inadequate’ in Metro Vancouver’s high-cost market, according to Re/Max Canada.
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