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MARKET REPORT

Leaky condo crisis rears its head again in B.C.: Buildings that weren’t fixed earlier now face even costlier repairs
Evidence of a second wave in British Columbia’s leaky-condo crisis is beginning to emerge, 15 years after the first one subsided. It is becoming more apparent as condo strata corporations prepare mandated depreciation reports on their buildings. That process is forcing them to own up to the condition of their properties and the shortcomings of maintenance programs for structures that weren’t...
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Boomers sitting on $163-billion in real estate holdings
Bob Rennie’s annual address to Greater Vancouver’s development community usually includes one headline-grabbing statistic. There’s also a good chance it will contain at least one sharply aimed barb in the direction of someone whose viewpoint he doesn’t particularly admire – no matter their exalted status. GO TO ARTICLE >>
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Greater Victoria housing forecast improves
By THE TIMES COLONIST  Greater Victoria will buck a national trend and will see an increase in the number of new homes, says a new report from Canada Mortgage and Housing Corp. The region will see 1,700 starts this year and 1,800 in 2015, an increase of 0.9 per cent and 6.8 per cent over the 1,685 in 2013. GO TO ARTICLE >>
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