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Real Estate News

Burnaby’s tallest building ‘topped off’ as Brentwood megaproject grows

Burnaby’s tallest building ‘topped off’ as Brentwood megaproject grows

Steven Cirotto stood at the microphone Friday and talked about growing up in the Heights. The operations manager for the construction company Axiom said he still remembers how special Christmas was as a child at Brentwood Town Centre.

Metro Vancouver real estate not alone as prices slide across prime global cities

London, Sydney, Hong Kong and more seeing price declines over past year, reports The Economist – a correlation that could herald a global recession
City of Victoria wants province to change assessments on short-term rental condos

City of Victoria wants province to change assessments on short-term rental condos

Change proposed by city council would see such units assessed as commercial, not residential, for tax purposes
Availability of newly built and presale condos skyrockets in Metro Vancouver: report

Availability of newly built and presale condos skyrockets in Metro Vancouver: report

Number of concrete condos complete and unsold or available for presale quadruples in a year, finds quarterly report
Former BC Hydro chair's waterfront home listed for sale (PHOTOS)

Former BC Hydro chair's waterfront home listed for sale (PHOTOS)

Ultra-luxe, energy-efficient, Frank Lloyd Wright-inspired house in West Vancouver is owned by clean-tech entrepreneur Mossadiq Umedaly
Metro Vancouver’s high-flying industrial real estate faces turbulence

Metro Vancouver’s high-flying industrial real estate faces turbulence

Rising costs, retail slump cloud sector posting Canada’s highest lease rates and sale prices
What it costs to build real estate in Canada

What it costs to build real estate in Canada

Altus Group provides the hard construction costs for multi-family, industrial and commercial real estate projects – but no prizes for guessing the most expensive city
Province balks at condo Airbnb tax proposed by Victoria council

Province balks at condo Airbnb tax proposed by Victoria council

The province’s new speculation and vacancy tax declaration could provide a pathway to taxing condos being used as Airbnbs as commercial operations, says Victoria Coun. Geoff Young. But it doesn’t appear the province is prepared to go down that road.
Burnaby should displace homeowners, not renters: analyst

Burnaby should displace homeowners, not renters: analyst

Renter-density data shows why redeveloping Metrotown is a bad idea, according to Jens von Bergmann
Burnaby senior faces huge speculation tax bill for unrentable cabin

Burnaby senior faces huge speculation tax bill for unrentable cabin

Seniors who own rustic cabins in a remote area say they face thousands of dollars in speculation taxes even though their properties are not suitable rental homes.