The construction industry in British Columbia plays a crucial role in shaping the real estate market. The British Columbia Construction Association released its Spring 2024 Statistics; the data in this report indicates both growth and challenges in the sector, which may impact future developments and market dynamics.

Value of Current Projects on the Rise

As of Spring 2024, the value of construction...

An innovative new development in Surrey, BC, Pura represents a unique addition to the city’s West Village neighbourhood. With occupancy slated for September 2025, this wellness-focused, mass timber residential community by Adera will be the first of its kind in the area. 

This development, constructed with Adera’s proprietary SmartWood® technology, blends sustainability, design, and innovative...

In recent years, Canada’s construction industry has made strides toward enhancing sustainability in response to climate change. The sector is increasingly adopting renewable energy sources, green building standards, and innovative technologies to reduce environmental impact. Collaboration among governments, industry associations, and other stakeholders has intensified, focusing on reducing carbon footprints...