image

Will 2016 be the Year of the Condo?

BY BARBARA YAFFE, VANCOUVER SUN Condominium units have long been viewed as the poor cousins of single-family houses in Vancouver’s real estate market. But 2016 could well be the Year of the Condo. Realtor Patrick Weeks foresees only moderate growth this year in ...
image

Government action needed on land shortage crisis: developers

By Peter Mitham Business in Vancouver Show Leadership They’re not making any more land, a truism with real-life implications for an increasing number of players in the Lower Mainland’s development sector. “Fundamentally, we’ve run out of single-family land,...
image

11-storey rental apartment tower planned for Uptown in Saanich

Andrew Duffy / Times Colonist The first residential building planned for Uptown will be an 11-storey structure with 134 rental suites and townhomes, according to plans submitted to Saanich. The development at the corner of Carey Road and Ravine Way will also off...
image

Victoria Community Coalition Raises Concerns

News Release FOR IMMEDIATE RELEASEJanuary 25, 2016                                                                                                            Mount Edwards Community Awareness Coalition launch to highlight community concerns about proposed lo...
image

Fortune 500 company taps hot Vancouver property market

JLL buys Metro firm with focus on apartments By Kelly Sinoski, Vancouver Sun Fortune 500 company JLL has acquired a Vancouver real estate firm that specializes in commercial apartment buildings, underlying a growing desire among global investors, including in th...
image

Vancouver apartment rental market ‘a mess

BY BARBARA YAFFE, VANCOUVER SUN   A massive infusion of offshore cash into the Lower Mainland’s multi-family residential property market is “disrupting the local development and investor communities,” resulting in bidding wars and a surge in the value of real estat...
image

B.C. strata councils in ‘critical’ funding state

Owners ‘just don’t have the money’ for proper contingency funds BY BARBARA YAFFE, VANCOUVER SUN Strata depreciation reports have unearthed an alarming situation for B.C. condo owners: The overwhelming majority of strata units are carrying monthly maintenance fees th...
image

LandlordBC Supports New Purpose-Built Rental Project

Rezoning 1755 West 14th Avenue/ Purpose-Built Rental Project With the continued chronic low vacancy rates for rental housing in Vancouver, the addition of 116 purpose-built rental units plus, the retention of an existing 134 unit secured rental building, is a welcom...