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Real Estate

Rennie lays off 31 employees from real estate firm, cites ‘changing market’

Rennie lays off 31 employees from real estate firm, cites ‘changing market’

Vancouver real estate firm says industry shifts structural, not temporary
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Council hits pause on proposed 18-storey tower near Mount Pleasant heritage homes

Council hits pause on proposed 18-storey tower near Mount Pleasant heritage homes

City council defers 165-unit rental housing proposal over concerns related to tower shadowing nearby park
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Vancouver’s luxury housing market stalls as listings rise, buyers hold back

Vancouver’s luxury housing market stalls as listings rise, buyers hold back

Sales of $4M-plus homes drop nearly 50 per cent as Sotheby’s warns of deepening buyer’s market conditions
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Average asking rents down annually for seventh straight month at $2,127: report

Average asking rents down annually for seventh straight month at $2,127: report

TORONTO — The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8 per cent. The latest data from Rentals.
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Squamish neighbourhood's 1959 common law building scheme at issue in court

Squamish neighbourhood's 1959 common law building scheme at issue in court

The case could test the NDP government’s 2023-passed housing statutes.
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Is a buyer's market emerging in Vancouver real estate?

Is a buyer's market emerging in Vancouver real estate?

With listings rising and interest rates falling, homebuyers have more options and negotiating power across key segments
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Hudson's Bay insiders not bidding on business, assets or leases: court documents

Hudson's Bay insiders not bidding on business, assets or leases: court documents

TORONTO — The executives that led Canada’s oldest company to its recent collapse won’t be handed the reins of Hudson’s Bay as part of its restructuring process, new court documents indicate.
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B.C. billionaire reportedly puts down 10% deposit in bid for HBC assets

B.C. billionaire reportedly puts down 10% deposit in bid for HBC assets

Bidder appears to be recruiting staff and studying new retail concepts
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B.C. real estate experts urge Ottawa not to overreach under new government

B.C. real estate experts urge Ottawa not to overreach under new government

Prefab promises and federal homebuilding plans raise doubts
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Vancouver home sales continue falling in April amid trade war: board

Vancouver home sales continue falling in April amid trade war: board

VANCOUVER — Vancouver home sales activity was down again in April as the city's real estate board says some buyers are likely trying to "patiently wait out the storm" with the ongoing Canada-U.S. trade war.
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