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Real Estate News

Multi-family rental market booms as demand chases short supply

Multi-family rental market booms as demand chases short supply

Nearly $3 billion of Metro Vancouver purpose-built rental properties exchanged hands last year, finds report
Hotel and condos could be part of plan to revitalize New Westminster’s Columbia Theatre

Hotel and condos could be part of plan to revitalize New Westminster’s Columbia Theatre

The owners of the Columbia Theatre are prepared to invest several hundred thousand dollars into a feasibility study to assess the possibility of building a hotel and residential tower above the heritage theatre.
Opinion: Speculation and vacancy tax cumbersome but welcome

Opinion: Speculation and vacancy tax cumbersome but welcome

Homeowners across Metro Vancouver will soon be getting notices saying they have to register with the province as resident homeowners or qualify for an exemption or face paying B.C.’s new (and newly named) speculation and vacancy tax.

Vancouver rents to become ‘bubbly’ and rise 7% in 2019: forecast

Councillor Jean Swanson says rents will keep rising unless vacancy control and rent freezes are implemented
B.C.'s new speculation tax irks even those who don’t pay it

B.C.'s new speculation tax irks even those who don’t pay it

“Speculators” were always going to hate the speculation tax, that’s pretty much a given. What the provincial government has managed to do this week is annoy a good part of the vast majority of homeowners who would never be considered speculators.
Opinion: B.C.'s new speculation tax irks even those who don’t pay it

Opinion: B.C.'s new speculation tax irks even those who don’t pay it

“Speculators” were always going to hate the speculation tax, that’s pretty much a given. What the provincial government has managed to do this week is annoy a good part of the vast majority of homeowners who would never be considered speculators.
Jagmeet Singh promises 500,000 affordable homes over 10 years

Jagmeet Singh promises 500,000 affordable homes over 10 years

Burnaby South byelection candidate says housing is the top issue
Developer eyes two condo buildings on Royal Towers site

Developer eyes two condo buildings on Royal Towers site

The Royal Towers Hotel may have been a happening place in its heyday, but a new plan is in play for the prominent site.
Richmond man accused of cleaning millions of dollars through real estate

Richmond man accused of cleaning millions of dollars through real estate

Another B.C. civil forfeiture law suit has revealed allegations involving the illegal drug trade and real estate deals
Vancouver now ranked ‘second-least affordable’ global housing market

Vancouver now ranked ‘second-least affordable’ global housing market

Sydney moves down to third place in Demographia rankings as Australian home prices drop; Hong Kong remains least affordable