Real Estate

B.C. real estate lawyer suspended after not tracking $44 million of deposits

Paul Otto De Lange handled transactions for a person charged with fraud but failed to conduct due diligence on several fronts

Dec 20, 2022 6:10 PM Read more >

Commercial real estate sales fall 46 per cent across Lower Mainland

Total Q3 spend down $1.3 billion from a year earlier as multi-family leads with an 86 per cent plunge year-over-year

Dec 20, 2022 6:10 PM Read more >

Vancouver city hall says no public meeting was required for Senakw services agreement

The city’s statement of defence against an application for a review says there was no legal duty under the Vancouver Charter to seek public feedback on the 120-year deal with the Squamish Nation.

Dec 19, 2022 4:48 PM Read more >

Metro Vancouver industrial real estate sales expected to be strong in 2023: CBRE

Commercial real estate as a whole has a mixed outlook going into the new year

Dec 18, 2022 9:29 AM Read more >

Rob Shaw: After five years, the NDP should stop blaming others for housing problems

Premier David Eby took great pains this week to try and blame the worsening problems of homelessness in Vancouver’s Downtown Eastside on his government’s greatest villain and most-frequent scapegoat: The previous BC Liberal administration

Dec 16, 2022 10:33 AM Read more >

Ontario and British Columbia headed for a buyer's market, RBC says

TORONTO — High interest rates will continue to hold back homebuyers into the new year, except in Ontario and British Columbia, a new report by RBC says. The report released Thursday said those purchasing real estate in Ontario and B.C.

Dec 16, 2022 10:05 AM Read more >

CMHC reports annual pace of housing starts edged lower in November

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in November edged down 0.2 per cent compared with October.

Dec 15, 2022 6:05 AM Read more >

National average rent rose to a record $2,024 in November: Rentals.ca

MONTREAL — The average monthly cost to rent a home in Canada rose to a record $2,024 in November, new data shows, and experts say this trend is showing no signs of stopping.

Dec 14, 2022 9:55 AM Read more >

CREA reports home sales in typically busy September continued to slow

The Canadian Real Estate Association (CREA) says the country's housing market continued to slow in September — a stark contrast from the flurried pace of sales the fall usually delivers. The association said Friday that September sales were down 3.

Oct 14, 2022 11:21 AM Read more >

Pressure building on construction industry bottom lines

Inflation costs, supply chain logjams, labour shortages delaying needed development

Oct 11, 2022 1:37 PM Read more >