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Real Estate

Rimrock Resort $17OM sale caps heady half for hotel deals

Rimrock Resort $17OM sale caps heady half for hotel deals

Oxford’s off-market deal signals a post-pandemic recovery in asset investments during first six months of 2023
Vancouver condo sales soar 175 per cent in six months

Vancouver condo sales soar 175 per cent in six months

Condo benchmark price has risen nearly $50,000 from January 2023 to challenge all-time peak
Watchdog unveils guidelines to support mortgage-holders under financial stress

Watchdog unveils guidelines to support mortgage-holders under financial stress

Canada's financial consumer watchdog is warning lenders not to take advantage of mortgage holders who are facing severe financial stress as interest rates and the cost of living rise.
Vancouver home prices ticking up as supply remains under pressure: real estate board

Vancouver home prices ticking up as supply remains under pressure: real estate board

VANCOUVER — The Real Estate Board of Greater Vancouver says last month's home prices ticked up from May as prospective homebuyers faced a dearth of supply in the region. The board says the composite benchmark sat at more than $1.
CBRE report says office vacancy rate in Q2 rose to highest level since 1994

CBRE report says office vacancy rate in Q2 rose to highest level since 1994

TORONTO — The national office vacancy rate in Canada climbed in the second quarter to its highest level since 1994, according to a report by commercial real estate firm CBRE. The firm said Tuesday that the national office vacancy rate rose to 18.
Neighbourhood residents propose new plans for Jericho Lands project

Neighbourhood residents propose new plans for Jericho Lands project

The neighbourhood coalition says the Indigenous-led development is 'too high, too dense, too unaffordable.'
Metro Vancouver industrial strata market remains strong investment option: Avison Young

Metro Vancouver industrial strata market remains strong investment option: Avison Young

Prices grew by more than 50 per cent in the region between 2020 and 2023
Lower Mainland commercial real estate transactions drop 58 per cent

Lower Mainland commercial real estate transactions drop 58 per cent

СÀ¶ÊÓƵ Lower Mainland sales dollar volume also fell, dropping nearly 65 per cent in first quarter from a year earlier to the lowest level since 2019
Victoria council signals easing of restrictions on cannabis store locations

Victoria council signals easing of restrictions on cannabis store locations

City staff told council Thursday there is now only a trickle of applications to open cannabis retail stores.
Downtown Vancouver continues to struggle with office vacancies: report

Downtown Vancouver continues to struggle with office vacancies: report

Office vacancy rate continues to rise in Vancouver as it falls in the region’s suburbs, says Avison Young
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