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Real Estate

Richmond condo developer gets reprieve, nearly half the units remain for sale at Prima

Richmond condo developer gets reprieve, nearly half the units remain for sale at Prima

Sale of remaining units "slower than anticipated," largely due to interest rates, says court filing.
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Competition Bureau investigating use of restrictive property clauses in grocery

Competition Bureau investigating use of restrictive property clauses in grocery

The Competition Bureau is investigating the use of restrictive real estate clauses in the Canadian grocery sector.
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Homebuilders group pushing for 30-year mortgages to boost construction in Canada

Homebuilders group pushing for 30-year mortgages to boost construction in Canada

OTTAWA — The group that represents residential builders in Canada wants Ottawa to offer a 30-year amortization period for insured mortgages on new homes.
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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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