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British Columbia

Labour, materials cause big spike in B.C. construction costs

Evan Duggan Commercial Labour British Columbia Nov. 8 2018

The construction cost escalation rate in B.C. this year could be as high as 12 per cent, several industry stakeholders said at a recent panel discussion in Vancouver. “This is very significant and we see, in some cases, developers just

New industrial space scarce, Victoria market tightens

Evan Duggan Commercial Market Reports British Columbia Sep. 11 2018

Greater Victoria’s industrial vacancy rate continues to drop as demand to buy and lease workspace in the region outstrips the pace of new supply. Industrial vacancy fell from 2.4 per cent in 2017 to a decade-low 1.71 in 2018, according

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