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Real Estate

B.C. appeals court upholds $6M foreign-homebuyers tax bill on Burnaby property

B.C. appeals court upholds $6M foreign-homebuyers tax bill on Burnaby property

The numbered company that acquired a lowrise apartment building at 5978 Wilson Ave. for $30 million in 2018 has failed for a third time to have a $6-million foreign buyer's tax bill overturned.
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Hudson's Bay properties in focus as RioCan calls creditor filing 'disappointing'

Hudson's Bay properties in focus as RioCan calls creditor filing 'disappointing'

TORONTO — The possible liquidation of Hudson's Bay is also bringing into question the future of its huge retail footprint, and highlighting the hit other companies could take as part of its downfall.
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Vancouver’s housing market better prepared for tariffs than Toronto’s, says TD

Vancouver’s housing market better prepared for tariffs than Toronto’s, says TD

Both markets registered ‘tepid performance’ to start 2025, says bank economist
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Unnecessary home demolitions in Vancouver worsening environmental impact, says report

Unnecessary home demolitions in Vancouver worsening environmental impact, says report

'Green removal permits' and other proposals aim to reduce waste, carbon emissions
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CREA reports home sales fell in February amid tariff uncertainty

CREA reports home sales fell in February amid tariff uncertainty

OTTAWA — Home sales in February fell to their lowest level in more than a year as homebuyers stayed on the sidelines amid the uncertainty created by the trade war with the United States, the Canadian Real Estate Association said on Monday.
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CMHC reports seasonally adjusted rate of housing starts slowed in February

CMHC reports seasonally adjusted rate of housing starts slowed in February

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in February slowed four per cent compared with January.
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Vancouver city council approves redevelopment of City Centre Motel

Vancouver city council approves redevelopment of City Centre Motel

Project includes below-market rentals but raises concerns over traffic and artistic displacement
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Metro Vancouver’s apartment market sees big gains

Metro Vancouver’s apartment market sees big gains

'Unusual' for the region, handful of large transactions drove dollar volumes, says report
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B.C. building permit values slide as 'soggy' outlook persists

B.C. building permit values slide as 'soggy' outlook persists

Decrease points to institutional and governmental slowdown, according to StatCan
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What’s next for the Hudson’s Bay flagship store in downtown Vancouver?

What’s next for the Hudson’s Bay flagship store in downtown Vancouver?

Coveted property, co-owned with RioCan REIT, could potentially be retained, sold or redeveloped
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