Was the BIV deal BCs biggest real estate deal in 2014?
Question asked:
“The deal described in the BIV article was British Columbia's biggest real estate deal in 2014.”
Summary
The Business in Vancouver article identifies the agreement between the provincial pension fund and the First Nation as the top real estate transaction in British Columbia for 2014, confirming it was the province’s biggest deal that year. No later sources dispute this ranking.
Sources 57 searched
- British Columbia’s biggest real estate deal in 2014 did not involve a land sale - Real Estate | Business in Vancouver
A landmark agreement between Canada’s second-largest pension fund and a tiny aboriginal band not only topped Business in Vancouver’s list of the biggest real estate deals for 2014 in B.C. but is also the biggest non-resource agreement ever inked by a First Nation in British Columbia.
- B.C.’s biggest real estate deals begin to bounce back - Business in Vancouver
Ltd. for $300 million dollars – the largest real estate deal since the $575 million paid in 2018 for a group of casinos that included the Grand Villa Casino Hotel.
- Average B.C. real estate deal value drops below 2014 level - Business in Vancouver
This suggests that larger deals higher on the list fell further in value than smaller deals lower on the list. The decline was particularly evident for the deals ranked highest on the list. In 2014, the Tsawwassen Mills real estate deal topped ...
- In Vancouver, the All-Cash Sale of a Lavish C$42 Million Mansion Has Shattered Area Records - Mansion Global
A Canadian buyer paid cash for the home in a deal that closed on July 9, according to Christa Frosch, the Sotheby’s realtor who handled the sale. Known as the Belmont Estate, the home hit the market last year for C$58 million.
- Zealty — BC Real Estate Listings, Sold Prices & Market Data
Search BC real estate listings, sold prices, and housing market statistics. Explore homes for sale across British Columbia with Zealty's free MLS property search.
- Housing Monitor Dashboard - British Columbia Real Estate Association
In other words, this number is equivalent to the total dollar value of all sales (the sales volume) divided by the number of transactions. This number will change if the price of homes changes, but also if the composition of home sales changes – for instance, if buyers shift towards apartments rather than single-family homes, the Average Sale Price will fall (if all else remains the same). The Home Price Index (HPI) is an indicator published by the Canadian Real Estate Association (CREA) to estimate an adjusted price for a typical home in a region.
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