Real Estate

Sep 24, 2018
Opinion: Speculation Tax Hurts B.C.'s Rep as a Safe Place to Invest

BCBusiness + CHBA CHBA BC is fighting to change policy that is having unintended consequences outside Metro Vancouver The B.C. government insists that its speculation tax, which is scheduled to be made into law this fall, will only affect one percent of...

Sep 24, 2018
Vancouver startup aims to open real estate investing to the masses
Nick Rockel

Tech entrepreneur Michael Stephenson’s latest venture sprang from a chat with an employee at one of his companies. Asked about his financial plan, Stephenson explained that he invests in real estate developments as a limited partner. When the employee learned...

Sep 20, 2018
Big Fat Deal: $13 million to have it easy going green in Shaughnessy
Fiona Morrow

Address: 1098 Wolfe Avenue, Vancouver Price: $12,980,000 Listing: R2307754 The skinny: Five-bedroom, six-bathroom, 5,766-square-foot house on a 17,991-square-foot lot in Shaughnessy The bling: It’s time you had it all. It really is. Living in the city can be such a drag—all those people getting in your way, parking...

Sep 18, 2018
Housing dominates first Vancouver mayoral debate
Nathan Caddell

As expected, housing loomed large in the first Vancouver mayoral debate before the province’s municipalities go to the ballot box on October 20. Eight candidates took the stage at the SFU Harbour Centre's Fletcher Theatre in an event hosted by several Glacier Media...

Sep 13, 2018
Big Fat Deal: $5 million to be very Versace in Richmond
Fiona Morrow

Address: 3491 Barmond Avenue, Richmond Price: $4,880,000 Listing: R2293726 The skinny: Five-bedroom, six-bathroom, 3,518-square-foot house on a 7,921-square-foot lot in Richmond The bling: Being excessively wealthy is not without challenges, we know. It’s easy to be envied by your employees (business and domestic) and...

Sep 12, 2018
Top 5 most and least affordable places to purchase homes in Metro Vancouver: report
By the Editors

A new study from Canadian real estate firm Zoocasa has found that there isn’t a single market across Metro Vancouver where a household earning the median income can afford homes for sale. The report used benchmark detached houses and apartment prices, as well as Statistics Canada data, to identify a massive gap between...

Sep 10, 2018
Park George Caps Development of Surrey's Tech Hub
BCBusiness staff

BCBusiness + Concord Pacific Concord Pacific is excited not only by the fact that the two-tower Park George is the final phase of its master planned Park Place community, but also because this residential development is located in Surrey City Centre...

Sep 6, 2018
$29 million to let the Great Bear Rainforest save the world
Fiona Morrow

Address: 1 Fawn Bluff Cove, Bute Inlet Price: $28,800,000 Listing:R2210154 The skinny: Four-building, 11-bedroom, 13-bathroom, 12,955-square-foot fishing lodge on 340 acres on Bute Inlet The bling: Here’s a nice luxury solution to an ever-growing problem otherwise known as the destabilization of the free world. Yes, we’d like...

Sep 4, 2018
Property Watch: New mortgage rules are making their mark on B.C. home buyers and sellers
Steve Saretsky

Housing markets are highly correlated with mortgage debt. If such debt is increasing, you can expect house prices to rise, and if it’s decreasing, look for them to fall. This trend has been well documented by Steve Keen, an economics...

Aug 30, 2018
Big Fat Deal: $5 million for a wannabe castle in Langley
Fiona Morrow

Address: 26122 82 Avenue, Langley Price: $5,250,000 Listing: R2240045 The skinny: Five-bedroom, nine-bathroom, 6,777-square-foot house on a 10-acre estate in Langley The bling: If money really does talk, then boy oh boy, it’s screaming at the top of its lungs over in Langley. That’s right: no matter that this...

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