Real Estate

Apr 6, 2021
Pandemic has kicked the luxury real estate market into high gear: report
Nick Rockel

In B.C. and across the country, COVID-19 has created winners and losers. Among the winners is the luxury real estate market, which is booming in Canada’s major cities, thanks to a transformation driven by the pandemic. That’s the takeaway from a...

Mar 18, 2021
Enhance the resident experience and strengthen your bottom line with automation technology

BCBusiness + TELUS By offering security and automation solutions in residential buildings, property managers are likely to see an increase in demand, both by being able to lease-up quicker and retain tenants longer. Modern technology An industry insight survey conducted by Wakefield Research found that 86% of millennials want smart home technology in their...

Mar 11, 2021
Weekend Warrior: Developer Zack Ross mixes business and pleasure up in the air
Nathan Caddell

“In first-year university, a friend called me up, said he was going flying and asked if I wanted to come,” Zack Ross recalls matter-of-factly. “I didn’t know what he was talking about, but it sounded cool. So we drove out...

Mar 1, 2021
The Power of Proximity
Jessica Kirby

BCBusiness + REEF Technology REEF Technology—through its recent acquisition of Impark—has come to Vancouver and with it, a world of possibilities. The company transforms urban spaces into neighbourhood hubs that connect people to locally curated goods, services, and experiences—an ambitious goal for Greater Vancouver, but something with the potential to bring the...

Jan 26, 2021
The Innovators: Addy Technology aims to drop the barriers to investing in real estate
Nathan Caddell

Who says you need big bucks to play the housing market? Formerly Imby, Vancouver-based Addy Technology Corp. aims to bring real estate investment to the masses, making it possible to get in on residential properties for as little as $1.

Jan 13, 2021
Record December sales cap the B.C. housing market’s COVID comeback
By the Editors

As if the B.C. residential property market needed any more momentum, it closed out an unexpectedly strong 2020 by setting a new sales record in December. And by the look of things, prospective buyers can expect home prices to keep rising in 2021. Residential unit sales totalled 93,953 last year, the British Columbia Real Estate Association (BCREA) reports. That’s a surge of 21.5 percent compared to 2019. The average MLS price for 2020 was $782,027, an 11-percent increase over the...

Dec 24, 2020
B.C.’s top 10 office, retail, industrial and multifamily real estate deals of 2020
Nick Rockel

The province’s office, retail, industrial and multifamily property markets took a hit from COVID-19 this year but the pandemic failed to break their stride. The first quarter of 2020 was a busy time for investment deals, says Bob Levine, Vancouver-based managing partner with real estate services firm Avison Young. After the pandemic struck, activity died off as investors tried to figure out what was happening, Levine explains. “But I would say since late summer, the tempo has really picked up,”...

Dec 2, 2020
Vancouver and Victoria rank highly in new national tech talent report
Nick Rockel

B.C. fares well in a new report ranking Canadian cities for their competitive advantage and appeal to tech companies and workers. In the 2020 edition of Scoring Canadian Tech Talent, a study by real estate services firm CBRE Group, Vancouver and Victoria...

Nov 19, 2020
Weekend Warrior: Road riding turns property manager Erin Gibault's crank
Nathan Caddell

Right around the time he made the biggest career move of his life, Erin Gibault took up cycling. Sure, that could have had more to do with age than anything, as the then-35-year-old Richmond native found that running was getting...

Nov 14, 2020
Q&A: What could 2021 bring for real estate in Canada and Vancouver?
Nick Rockel

For real estate, like many other sectors, COVID-19 has made forecasting a nearly impossible task. As John Bunting talked to industry experts for the Canadian edition of Emerging Trends in Real Estate 2021, he knew that all bets were off. “I...

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