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Real Estate

Jul 31, 2017
Canada second only to U.S. as emigration destination for wealthy Chinese
By BCBusiness

A recent report by the Shanghai-based Hurun Research Institute in association with Visas Consulting Group found that, while the U.S. remains the most popular emigration destination for Chinese high net worth individuals (HNWI) for the third year in a row, Canada...

Jul 18, 2017
How cities can create happier public spaces
By BCBusiness

It looks like happiness is a choice, at least when it comes to urban design. In a new study led by Vancouver-based consulting group Happy City and the University of Waterloo’s Urban Realities Laboratory, researchers studied more than 100 people...

Jul 13, 2017
June residential real estate sales soar in parts of B.C. (but not where you'd expect)
By BCBusiness

Although the total number of residential units sold provincewide dropped 9.6 per cent in June and total sales dollar volume was down 5.6 per cent compared to the same month last year, both increased outside the Lower Mainland, Vancouver Island...

Jul 12, 2017
Vancouver moves to legalize short-term rentals
By BCBusiness

The City of Vancouver is proposing regulations to allow 70 to 80 per cent of the nearly 6,000 existing short-term rental listings to operate legally. The City feels the proposed regulations will protect long-term rental supply while enabling supplemental income...

Jul 12, 2017
The Emergence of Row Homes: What You Need to Know

BCBusiness + McQuarrie Row homes are an attractive option for savvy homeowners looking for value and avoiding a strata As a real estate and land-development lawyer, Greg van Popta has noticed developers favouring row homes over townhomes. Row homes are essentially townhomes...

Jul 11, 2017
Housing: The view from Seattle
By BCBusiness

Seattle has only recently started to feel the heat on its housing market from foreign buyers, in part due to B.C.'s foreign buyer tax. But this well-researched analysis from the Sightline Institute, a think tank focused on sustainability and urban...

Jul 7, 2017
Demand for Metro Vancouver condos outstrips supply
By BCBusiness

The busy condo market is creating competition among buyers in Metro Vancouver as the number of listings has been declining since February. In a release, the Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region...

Jul 4, 2017
All in the Family: A Guide to Real Estate Transition Planning

BCBusiness + Martello Group Building a strong portfolio of commercial real estate holdings can take years of diligence and careful judgment, but many investors fail to consider what will come of these assets beyond their lifetimes. According to Wayne Smithies and his son, Warren, of Vancouver-based Martello Property Services, there are...

Jun 27, 2017
Vancouver's cost of living higher than Toronto's
Lynn Mitges

Mercer 2017 survey ranks global costs for expatriates Just when you thought it almost impossible to buy a single-family home in Metro Vancouver comes news that this West Coast gem has now eclipsed Toronto as Canada’s most expensive city for expats...

Jun 21, 2017
Darryl Bosa looks to make his mark with a new coworking venture
Lucy Hyslop

There’s nothing like a bit of familial rivalry to fuel entrepreneurial ambitions. Freighted with growing up in a renowned B.C. real estate development family, Darryl Bosa admits taking off “to learn and make my own mistakes” overseas for nearly a...

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