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Real Estate

Industrial asset sales fall 59 per cent as financing costs increase

Industrial asset sales fall 59 per cent as financing costs increase

Total commercial and industrial transactions in second quarter down 54 per cent year-to-year at $1.76B across B.C.’s Lower Mainland
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B.C. unveils 'one-stop shop' to speed up housing permitting

B.C. unveils 'one-stop shop' to speed up housing permitting

Province originally announced plans in January to reduce obstacles to housing construction.
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Calgary office conversion program whittles away at vacancies

Calgary office conversion program whittles away at vacancies

Vacancies in Class B space prove the most persistent thanks to sheer volume
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CMHC reports annual pace of housing starts down 1% in August

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada edged down one per cent in August compared with July.
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Vancouver approves ‘missing middle’ motion despite mixed reviews from public

Vancouver approves ‘missing middle’ motion despite mixed reviews from public

Many speakers expressed support but noted many issues within the motion.
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Would you live in a shipping container? This Coquitlam company says it could help solve the housing crisis

Would you live in a shipping container? This Coquitlam company says it could help solve the housing crisis

The cost of building a Tri-Cities home out of a shipping container is about one-fifth of conventional wood frame construction.
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Ottawa to remove GST on new rental housing, ask grocers to stabilize prices: PM

Ottawa to remove GST on new rental housing, ask grocers to stabilize prices: PM

LONDON, Ont.
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Vancouver short-term rental fee jumps from $109 to $1,000 for 2024

Vancouver short-term rental fee jumps from $109 to $1,000 for 2024

ABC Vancouver Coun. Lenny Zhou: "I don't think it will hurt the legal market."
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Feds unveil first deal for new housing accelerator fund in London

Feds unveil first deal for new housing accelerator fund in London

LONDON, Ont. — The federal government is trying to channel the anger it's facing over the lack of affordable housing into a challenge for municipalities.
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Pre-sale owners of stalled Richmond Atmosphere project still in dark

Pre-sale owners of stalled Richmond Atmosphere project still in dark

The 800-plus development in Richmond’s city centre — which is under creditor protection — could have a new building permit application into the city within the next couple of months.
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