Real Estate

B.C. Real Estate Association says sales activity impacted by high cost of borrowing

VANCOUVER — Home sales in British Columbia were up in September by more than 10 per cent from the same time last year. However, the B.C.

Oct 12, 2023 12:39 PM Read more >

Kelowna to get 120 'tiny homes' as solution to growing homeless problem

City to build 120 supportive housing units and introduce measures to deal with a growing encampment

Oct 12, 2023 12:29 PM Read more >

Victoria council to mull incentives to ensure more rental projects are built

Council will look at creating a revitalization tax exemption to spur more affordable units in new market rental projects

Oct 12, 2023 4:30 AM Read more >

Royal LePage downgrades Q4 housing price forecast; expecting seven per cent increase

Real estate firm Royal LePage is forecasting the aggregate price of a home in Canada will increase seven per cent in the final quarter of 2023 compared with the same period last year, downgrading its previous outlook of 8.5 per cent.

Oct 12, 2023 1:00 AM Read more >

'New wave of building' in Vancouver comes as mayor makes plans to focus on more homes

VANCOUVER — The mayor of Vancouver set out a foundation on Wednesday to address the housing crisis in the city, while reducing barriers to building and streamlining regulations.

Oct 11, 2023 4:02 PM Read more >

Airbnb not behind Canadian residential rent increases, study says

Conference Board of Canada study contradicts recent research from McGill.

Oct 11, 2023 11:30 AM Read more >

Statistics Canada reports value of building permits up 3.4% in August

OTTAWA — Statistics Canada says the total monthly value of building permits in Canada rose 3.4 per cent in August to $11.9 billion, as gains in the non-residential sector offset modest declines in residential construction plans.

Oct 11, 2023 7:12 AM Read more >

Rental GST waiver eases impact of higher lending rates

CMHC-insured rental construction loan rates have doubled in the past year, so waiving the goods and service tax seen as a boon for rental developers

Oct 10, 2023 2:31 PM Read more >

Geoff Russ: A last-minute plea to Vancouver to take a housing survey

It's important to participate when neighbourhoods are at stake, writes Geoff Russ

Oct 9, 2023 5:09 PM Read more >

Capital region gets 'D' for housing in latest Vital Signs Survey

Sixteen per cent of the region’s 67,695 renter households spend more than half their income on rent and utilities, the survey finds

Oct 6, 2023 12:29 AM Read more >