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Real Estate

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
Vancouver home sales rise in January as demand outpaces newly listed properties

Vancouver home sales rise in January as demand outpaces newly listed properties

VANCOUVER — The Real Estate Board of Greater Vancouversays home sales got off to a strong start in the first month of 2024 but the pace of newly listed properties did not keep up with demand. The board says January home sales totalled 1,427, a 38.
BC receives failing grade as red tape snarls renovations, construction

BC receives failing grade as red tape snarls renovations, construction

Technology and permitting improvements can cut hassles
Interest rates not to blame for housing crisis, Macklem says

Interest rates not to blame for housing crisis, Macklem says

OTTAWA — Bank of Canada governor Tiff Macklem says the central bank can't solve the housing crisis with interest rates because the root cause is a supply shortage.
West Point Grey couple loses battle to continue as Airbnb operator

West Point Grey couple loses battle to continue as Airbnb operator

Julee Kaye: "By telling me I'm not allowed to share it part time, the city is eliminating all those benefits and increasing the pressure on other housing stock."
Vancouver real estate projects in receivership: ‘A blip’ or a beginning?

Vancouver real estate projects in receivership: ‘A blip’ or a beginning?

The site assessed at $98M will be allowed to hit the market in about three weeks
Immigration policy changes needed to meet construction demand

Immigration policy changes needed to meet construction demand

B.C.'s residential construction industry is anticipating a 4,500-worker shortfall this year
Real estate receiverships on the rise as projects stall

Real estate receiverships on the rise as projects stall

TORONTO — From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership.
Century-old, $16.7M Vancouver mansion at centre of curious legal battle

Century-old, $16.7M Vancouver mansion at centre of curious legal battle

The West Point Grey property was once used for a U2 video shoot.
Metro Vancouver ‘toughest’ rental market in Canada, says CMHC

Metro Vancouver ‘toughest’ rental market in Canada, says CMHC

High immigration levels, mortgage prices keeping would-be homebuyers in rental units.