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Real Estate

'White hot' market sends industrial lease rates skyward

'White hot' market sends industrial lease rates skyward

Rising interest rates could slow new industrial strata projects
CHBA BC pays tribute to industry leaders at 2022 Georgie Awards

CHBA BC pays tribute to industry leaders at 2022 Georgie Awards

The 30th Annual Georgie Awards Gala celebrates the crème de la crème of the province’s builders, renovators and interior designers
Rising mortgage rates cooling homes sales, but not prices

Rising mortgage rates cooling homes sales, but not prices

The average five-year fixed mortgage rate reached 4.49 per cent in June, the highest since 2009
Oak Bay house sells for $13.195 million, setting new record

Oak Bay house sells for $13.195 million, setting new record

An 11,900-square-foot waterfront house in the Uplands has sold for $13.195 million, setting a new record for a sale through the Multiple Listing Service in the region.
B.C. family says homebuyer evicted them to raise rent 70%

B.C. family says homebuyer evicted them to raise rent 70%

The Eggers claim they are entitled to $33,600 in compensation after a buyer evicted them only to re-rent the home for a 70% markup.
$4.3M sale of 'Starship' heritage home 'precedent setting,' agent says

$4.3M sale of 'Starship' heritage home 'precedent setting,' agent says

A real estate agent says the sale shows global recognition of West Coast Modern architecture, while a local expert criticizes the 'jazzy' marketing and wants more action from local government.
Cost of housing is a chronic municipal election issue

Cost of housing is a chronic municipal election issue

Clash between density, community character to headline political campaigns – again
Metro Vancouver home sales plunge 34 per cent from last year

Metro Vancouver home sales plunge 34 per cent from last year

April sales also down 25.6 per cent from March as month-over-month prices increases stall at a lofty high
Spring real estate market slow out of the gate in Greater Victoria

Spring real estate market slow out of the gate in Greater Victoria

Sales in April were well below last year’s figures as just 824 properties changed hands, versus 1,116 in April 2021.
B.C. homeowners will ‘have to stomach’ mortgage pain

B.C. homeowners will ‘have to stomach’ mortgage pain

Rate-hikes putting pressure on homeowners and first-time buyers, say experts