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Real Estate

Non-profit buys two B.C. co-ops, using $71 M grant from affordable housing fund

Non-profit buys two B.C. co-ops, using $71 M grant from affordable housing fund

COQUITLAM, B.C.
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Parksville keeps battling for a break from B.C.'s new short-term-rental rules

Parksville keeps battling for a break from B.C.'s new short-term-rental rules

So far, the province has shown no sign of budging on the new short-term-rental rules
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Could cap on international students shake up Metro Vancouver office vacancy?

Could cap on international students shake up Metro Vancouver office vacancy?

Schools may be forced to re-think real estate needs, according to Avison Young report.
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‘No surprise’ B.C. buyers willing to leave province to achieve homeownership, says report

‘No surprise’ B.C. buyers willing to leave province to achieve homeownership, says report

First-time buyer rebates are ‘inadequate’ in Metro Vancouver’s high-cost market, according to Re/Max Canada.
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BC industrial markets look to home in the face of headwinds

BC industrial markets look to home in the face of headwinds

Demand for space coming largely from owner-occupiers
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Investors flock to First Nation land as Kelowna home, condo values slump

Investors flock to First Nation land as Kelowna home, condo values slump

B.C.’s Short-Term Rental Accommodation Act does not apply to reserve land or treaty land unless a First Nation chooses to opt in through an agreement with the province.
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Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists

Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists

TORONTO — A surge in home sales across Canada's largest markets to kick off 2024 is unlikely to prompt the Bank of Canada to delay its probable interest rate cuts later this year.
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Federal government extends foreign buyer ban on Canadian homes to 2027

OTTAWA — Foreign nationals and companies will be banned from buying residential properties in Canada for an additional two years, the federal finance minister said Sunday, the latest in a raft of measures aimed at addressing housing affordability con
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Developer sues City of Kelowna, mayor over scuttled project

Developer sues City of Kelowna, mayor over scuttled project

This is the second lawsuit brought against the city by Centurion Appelt but the first targeting the mayor
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Land costs threaten densification around Langley transit stations

Land costs threaten densification around Langley transit stations

Developers, investors may reduce density to save on costs or sell to groups with the financial capacity for higher-density projects
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