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Real Estate

Costs frustrate efforts to build affordable housing in B.C.

Costs frustrate efforts to build affordable housing in B.C.

Industry says clarity on upcoming building targets, support from Ottawa could help
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B.C.'s construction industry cautiously optimistic about year ahead

B.C.'s construction industry cautiously optimistic about year ahead

Mass timber technology a bright spot for an industry still facing challenges
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A 'housing bottleneck': Immigration targets exacerbate B.C.'s housing crisis

A 'housing bottleneck': Immigration targets exacerbate B.C.'s housing crisis

The province will have to find housing for the 20 per cent of newcomers it absorbs, on top of current needs.
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B.C.’s housing market nears ‘cyclical bottom': RBC

B.C.’s housing market nears ‘cyclical bottom': RBC

Home resale activity is showing signs of stabilizing after dropping to low levels
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Metro Vancouver’s rental vacancy rate drops as demand, prices soar: CMHC

Metro Vancouver’s rental vacancy rate drops as demand, prices soar: CMHC

The rate for purpose-built rentals in the region fell below one per cent last year, while the average asking rent for vacant units jumped 43 per cent year over year
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Vacancy rate for purpose-built rentals hits lowest level since 2021: CMHC

Vacancy rate for purpose-built rentals hits lowest level since 2021: CMHC

TORONTO — The Canada Mortgage and Housing Corp. says last year's surging rental market left the country with the lowest vacancy rate for purpose-built rentals since 2001. The federal housing agency says the vacancy rate for such properties sat at 1.
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Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Mortgage and title fraudsters who impersonate homeowners and tenants have targeted at least 32 properties in Ontario and British Columbia, investigators and official warnings suggest.
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JWest redevelopment project moves forward with new $36M matching challenge

JWest redevelopment project moves forward with new $36M matching challenge

The redevelopment represents the most extensive project in the history of the Jewish community in Western Canada, according to the JWest Capital Campaign.
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Rob Shaw: Pressure to address housing crisis mounts as affordability gets worse

Rob Shaw: Pressure to address housing crisis mounts as affordability gets worse

Despite all the announcements on housing affordability from the new David Eby government in Victoria, a recent report by one of Canada’s largest banks shows things on the ground have never been worse.
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B.C. beefs up strata CRF contributions in effort to address insurance costs

B.C. beefs up strata CRF contributions in effort to address insurance costs

‘Just housekeeping:’ Strata owner advocate says changes will eliminate confusion regarding regulations
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