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Real Estate

12K homes, 15 towers planned to kick off massive Metrotown mall redevelopment

12K homes, 15 towers planned to kick off massive Metrotown mall redevelopment

The new Metropolis at Metrotown master plan proposes new parks and parklets, mobility hubs, new streets and more.
B.C. home sales slide almost 10 per cent in March despite mortgage rate drop

B.C. home sales slide almost 10 per cent in March despite mortgage rate drop

The B.C. Real Estate Association says the province saw 6,460 residential unit sales in the Multiple Listing Service systems last month, a 9.5-per-cent decline from March 2023.
Comment: B.C. needs legislation that requires construction payments to be prompt

Comment: B.C. needs legislation that requires construction payments to be prompt

Why should anyone have to wait to be paid for completed work?
'Factory-built housing' linchpin in solving Canada's housing crisis, says former mayor

'Factory-built housing' linchpin in solving Canada's housing crisis, says former mayor

Co-chair of housing and climate task force says B.C. forestry industry to play key role in building 5.8 million homes through 'factorization' of Canadian housing.
Asking rent prices in March up 8.8% from year ago, but down from February: Urbanation

Asking rent prices in March up 8.8% from year ago, but down from February: Urbanation

TORONTO — A new report says the asking rent for a home in Canada in March was up 8.8 per cent compared with a year ago, but down from February. The report by Urbanation, which analyzes monthly listings from Rentals.
Liberals say their plan to 'solve the housing crisis' will build 3.9M homes by 2031

Liberals say their plan to 'solve the housing crisis' will build 3.9M homes by 2031

OTTAWA — The federal Liberals have unveiled their plan to solve the housing crisis, building on recent announcements with new tax incentives, more than a billion dollars for homelessness and a country-wide effort to build more housing on public lands
Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA

Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA

The Canadian Real Estate Association says it's now expecting the national average home price to climb 4.9 per cent on an annual basis to $710,468, more than double the hike it had predicted at the start of 2024.
Short-term-rental-unit owners file lawsuit against province and City of Victoria

Short-term-rental-unit owners file lawsuit against province and City of Victoria

Enforcement against short-term units is to start May 1. New law bans most short-term rentals that are not part of an owner’s principal residence.
Film studio development in Burnaby falls through, mayor now wants to 'protect' land

Film studio development in Burnaby falls through, mayor now wants to 'protect' land

The plan for a new film production studio in Big Bend by Larco Investments (Bridge Studios) is not going ahead, according to the Burnaby mayor.
Kamloops city council backs Sun Peaks bid for exemption from foreign homebuyer ban

Kamloops city council backs Sun Peaks bid for exemption from foreign homebuyer ban

Resort community argues unique needs, tourist economy justify exemption