Blog by Kevin Wong
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Manageable Growth for BC’s Construction Industry Over Next 9 Years
February 23rd, 2011With a few exceptions, BC’s construction industry will grow at a manageable pace for the next several years, thanks mainly to mining and utilities-related projects, and a modest housing recovery. A new forecast scenario released by the Construction Sector Council, Construction Looking Forward: An assessment of construction labour markets for British Columbia from 2011-2019, says new mining ...
January Housing Stats Released from BC Stats and CMHC
February 23rd, 2011The value of building permits issued by municipalities in British Columbia slipped 5.7% (seasonally adjusted) in December. An increase was recorded in residential permits (+2.4%), while drop-offs in the industrial (-38.6%), commercial (-20.8%), and institutional (-1.6%) sectors pushed total non-residential intentions down 17.1%. There was considerable variability among the province’s urb ...
Built Green™ BC Receives Grant from BC Real Estate Foundation
February 23rd, 2011To support the development of the Built Green™ BC Renovation Training Program, CHBA BC has been awarded a financial grant from the BC Real Estate Foundation. The Real Estate Foundation of BC aims to be a pivotal connection in making land use knowledge and practice in BC a model for the world, aligning resources and leading learning relating to sustainable land use practices. The Foundati ...
Home Sales to Climb 8% in 2011: British Columbia
February 23rd, 2011BC
Multiple Listing Service® (MLS®) residential sales are forecast to
increase 8 per cent from 74,640 units in 2010 to 80,900 units this
year, and increase another 4 per cent to 83,950 units in 2012.
“British Columbia housing markets are returning to normalcy after two ...
Vancouver Remains World's Most Livable City: Survey
February 22nd, 2011For the fifth year
B.C.’s Residential Construction Person of the Year Announced: David Podmore, CEO of Concert Properties
February 16th, 2011“The nominations we received for the fourth annual award were all outstan ...
Vancouver, Richmond Lead Market Demand
February 16th, 2011Resale Housing Market Shows Further Improvement In January
February 15th, 2011Seasonally adjusted national home sales activity rose 4.5 per cent in January 2011 compared to the previous month, reaching the highest level since April 2010. Led by Vancouver and Toronto, seasonally adjusted sales activity posted m ...
Housing Market Continues Normalization Trend
February 14th, 2011residential price rose 11.5 p ...