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12-storey residential building in Esquimalt will be built with timber modules

12-storey residential building in Esquimalt will be built with timber modules

A 12-storey, 83-unit prefabricated residential building at Constance Avenue and Admirals Road was given the green light by Esquimalt council after a public hearing this week.
sa¹ú¼Ê´«Ã½ cracks down on condo-flip taxation, creates rental zoning tool

sa¹ú¼Ê´«Ã½ cracks down on condo-flip taxation, creates rental zoning tool

A crackdown on non-payment of taxes on presale condo flips is one of three new housing measures announced by the finance minister April 24.
Rise or fall of home prices largely linked to purchasing power: analyst

Rise or fall of home prices largely linked to purchasing power: analyst

Whether the region’s home prices are rising or falling is significantly to do with buyers’ spending power – more so than foreign buyers or market speculation, according to the lead data analyst for Vancouver real estate firm the Rennie Group.
Province to regulate the real estate regulators

Province to regulate the real estate regulators

The sa¹ú¼Ê´«Ã½ government is launching a review of the province’s two key real estate regulatory groups, in order to "make sure that British Columbians are effectively protected," finance minister Carole James announced April 18.
$40-million residential complex planned for Nanaimo

$40-million residential complex planned for Nanaimo

Vancouver’s Molnar Group is planning a $40-million apartment and townhouse project in Nanaimo as it continues to roll out development plans around Vancouver Island. “We are big believers in the Vancouver Island market.
sa¹ú¼Ê´«Ã½'s commercial real estate sales smash records in 2017

sa¹ú¼Ê´«Ã½'s commercial real estate sales smash records in 2017

British Columbia commercial real estate investment activity and dollar volume achieved record heights in 2017 with the disposition of 230 office, industrial and retail properties valued at $7.5 billion during the record-setting year.
Will growing, smoking pot under new laws reduce value of your home?

Will growing, smoking pot under new laws reduce value of your home?

With 4/20 just a few days away, close to half of the respondents to a new national survey said that they would be put off buying a home if even a legal amount of pot had been grown there, under the upcoming new marijuana legislation.
Victoria’s tallest building, at 26 storeys, gets approval

Victoria’s tallest building, at 26 storeys, gets approval

Developer Townline has won city hall approval to construct Victoria’s tallest building at 26 storeys, and maybe its deepest, too. In a 5-3 vote, Victoria council approved a development permit and variances for the 777 Herald St. condo project.
Capital Iron building part of 7-acre parcel going on the market

Capital Iron building part of 7-acre parcel going on the market

A nearly seven-acre assembly of land that includes the historic Capital Iron building, running from the foreshore of Victoria’s Upper Harbour east to Government Street, is going on the market for an unspecified price.
Historic downtown bank building on the block for $15.98 million

Historic downtown bank building on the block for $15.98 million

The historic Merchant’s Bank of sa¹ú¼Ê´«Ã½ building — also known as the Bank of Montreal building — in downtown Victoria is on the market for $15.98 million.