British Columbia / Alberta
Real Estate News
"A Return To Stability": Royal LePage Releases 2025 Home Price Forecast
Pending potentially damaging evolutions in political leadership, global conflict, and trade agreements, Royal LePage is predicting a return to stability in Canada's housing market come 2025, with prices appreciating at a steady rate.
Dec 05, 2024
Listed Luxe
$5M Waterfront Penthouse With 360-Degree Sun Room Listed In Victoria
The penthouse sits atop 21 Dallas Road, right next to Fisherman's Wharf in Victoria.
Development Projects
CURV Developer Sues Presale Purchaser Over Unpaid Deposits On 4 Units
Brivia Group also recently cut the social housing units at CURV and received approval to continue presales into May 2025.
Community
Bob Rennie Cries Foul After New Vancouver Art Gallery Plans Scrapped
Rennie was set to give a chunk of his art collection to the new Vancouver Art Gallery, but is now considering the National Gallery of Canada instead.
This Kleinburg Estate Invites You To Live In Ultimate Luxury
This stunning 10,000+ -sq. -ft home offers everything from a car elevator to an at-home golf simulator.
Real Estate News
Homebuyer Demand Continuing To Strengthen Across Metro Vancouver
Residential sales in both Greater Vancouver and the Fraser Valley are up around 28% compared to this time last year.
Listed Country
Gorgeous Sunshine Coast Home Boasts Ocean And Mountain Views
Perched atop a secluded peninsula with panoramic views of the ocean and surrounding islands, this Sunshine Coast home could turn heads with its location alone. But its stunning interior designs and wealth of amenities certainly don't hurt its case.
Appointment Notices
BC Real Estate And Development Industry Hires And Promotions: November 2024
Troika Management Corp welcomed two new executives, while Bosa Properties hired two people for their development team and promoted two people on their accounting team.
Construction
Purpose-Built Rental Starts “Nearly Quadrupled” In A Decade (And More Are On The Way)
Rental construction is having a “renaissance” in Canada, and we’re seeing that realized in starts, completions, and the uptake of multi-unit insurance products from CMHC.
Industry
Peterson & Create Properties At Odds, Facing $207M Debt On Burnaby Lake Village
The 14-building Burnaby Lake Village project by Peterson Group and Create Properties has been placed under CCAA creditor protection by RBC.
Construction
Inside The Financing Challenges Developers Are Facing With Rental Projects
According to a survey conducted by the CMHC this year, 85% of rental developers said they're having difficulties financing their projects.
Industry
Thind Sells Hotel Component At 48-Storey Highline Metrotown For $47.2M
The hotel will be known as Hyatt Place Metrotown and be housed in the 10-storey building podium of Thind's Highline tower in Burnaby.
Appointment Notices
Brett Armstrong Named Managing Director Of Avison Young Vancouver
Brett Armstrong, who relocated from Toronto to Vancouver a few months ago, takes over the Managing Director role as of December 2.
Development Projects
PCI & Low Tide Submit Plans For Kitsilano Safeway After $90M Acquisition
The 2315 W 4th Avenue site in Vancouver is currently occupied by a Safeway and its surface parking lot.
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