Real Estate
Ryan Berlin calls himself “lead geek” at Rennie Intelligence. He doesn’t disappoint—and we mean that as a compliment. Director of intelligence and senior economist with the division of real estate marketing firm Rennie, Berlin is one of four analysts tasked with...
Famed author/artist Douglas Coupland and Vancouver-based Grosvenor Americas (a subsidiary of the international real estate development firm Grosvenor Group) have something of a tight relationship. The company’s new waterfront community and shopping district, Grosvenor Ambleside, is home to 98 residences and...
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...
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...
“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...
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...
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.
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...
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,”...
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...