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Real Estate

Property owners fight new short-term rental rules in Victoria court

Property owners fight new short-term rental rules in Victoria court

The West Coast Association for Property Rights wants to see previous rights to operate legal short-term rentals reinstated.
North Vancouver's ICBC headquarters to become housing project development site

North Vancouver's ICBC headquarters to become housing project development site

The development is part of the province's $394-million plan to build 10,000 homes near transit hubs over the next 10 to 15 years.
Home sales in May down from year ago: Canadian Real Estate Association

Home sales in May down from year ago: Canadian Real Estate Association

OTTAWA — Canada's real estate market softened further in May as sales and prices of existing homes declined and listings rose.
CMHC says annual pace of housing starts in May up 10% from April

CMHC says annual pace of housing starts in May up 10% from April

OTTAWA — The annual pace of housing starts in May climbed 10 per cent compared with April, helped by gains in Montreal and Toronto, Canada Mortgage and Housing Corp. said.
Builder fined $200K for safety violations at Burnaby Metrotown highrise project

Builder fined $200K for safety violations at Burnaby Metrotown highrise project

WorkSafeBC has slapped Axiom Builders Inc. with a $198,891.01 penalty for safety violations at a condo tower project on Telford Avenue in Metrotown.
Delta industrial application waiting six years for provincial approval, complains mayor

Delta industrial application waiting six years for provincial approval, complains mayor

MK Delta Lands says the site is ideally located for logistics and distribution centres

Coleen Volk named head of Canada Mortgage and Housing Corp.

The federal government has named Coleen Volk as president and CEO of Canada Mortgage and Housing Corp. and Don Iveson as chair of the board of directors.
B.C. builders take small comfort from interest rate downturn

B.C. builders take small comfort from interest rate downturn

Although it’s only a small drop from 5% to 4.75%, it’s a move in the right direction for a thirsty development community that’s seeing condo projects put on pause or pivoting to rental.
North Vancouver industrial property changes hands in $145M sale

North Vancouver industrial property changes hands in $145M sale

Hydrogen fuel plant approved for site in major new investment
Vendor financing still important despite interest rate cut

Vendor financing still important despite interest rate cut

Creative solutions needed as financing costs remain high