Real Estate News

London, Sydney, Hong Kong and more seeing price declines over past year, reports The Economist – a correlation that could herald a global recession

Change proposed by city council would see such units assessed as commercial, not residential, for tax purposes

Number of concrete condos complete and unsold or available for presale quadruples in a year, finds quarterly report

Ultra-luxe, energy-efficient, Frank Lloyd Wright-inspired house in West Vancouver is owned by clean-tech entrepreneur Mossadiq Umedaly

Rising costs, retail slump cloud sector posting Canada’s highest lease rates and sale prices

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

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.

Renter-density data shows why redeveloping Metrotown is a bad idea, according to Jens von Bergmann

Federal Budget measures to make homeownership easier for more Canadians need to “tread carefully,” says bank’s senior economist

“We should be allowed to stay.” So said Shelley Outhwaite, a New Westminster senior who was one of the key speakers on Saturday during a protest against renovictions. Tenants being threatened with renoviction at 732 – Fifth Ave.