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Real Estate

Governments unveil $20M funding for 95-home Squamish Nation project

Governments unveil $20M funding for 95-home Squamish Nation project

The new Xwmélch’sten (Capilano 5 Reserve) development is based on a multi-generational housing approach and will give residents access to a range of services in the immediate area
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B.C. broker fined $50K over phoney mortgage applications

B.C. broker fined $50K over phoney mortgage applications

Former submortgage broker Ravinder Biln created fake income records to land clients mortgages they were otherwise not entitled to.
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Vancouver SRO owner rejects rent control, favours more housing supply

Vancouver SRO owner rejects rent control, favours more housing supply

Greg Spafford: "What Vancouver needs overall is just more housing — any type, any level."
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Federal government invests $208 million in south Vancouver rental housing

Federal government invests $208 million in south Vancouver rental housing

The funds will help bankroll construction of 422 rental units in the city’s River District neighbourhood
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Canadians remain among the top foreign buyers of property in the U.S.

Canadians remain among the top foreign buyers of property in the U.S.

Homebuyers from Canada spent US$6.6 billion on vacation, rental and permanent residence properties south of the border between April 2022 and March 2023
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Lumber prices stabilize; demand for softwood remains strong

Lumber prices stabilize; demand for softwood remains strong

Busy summer construction period in North America boosting demand for housing market framing material
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Two top-tier Vancouver office buildings coming to market

Two top-tier Vancouver office buildings coming to market

First major downtown listings since the pandemic will provide closely watched indication of current office valuations
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Metro Vancouver commuting complications affecting homebuyer demand and prices

Metro Vancouver commuting complications affecting homebuyer demand and prices

Buyers are factoring the time it takes to commute to work into a home’s price and location
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B.C. condo buyers set their sights on Calgary’s presale market

B.C. condo buyers set their sights on Calgary’s presale market

Presale condos sales in Calgary increase by 230 per cent thanks in part to interprovincial migration
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Capstan developer fights back against $3.7M claim in BC Supreme Court

Capstan developer fights back against $3.7M claim in BC Supreme Court

Judge's reasons for judgment noted that work done was one-tenth of what subcontractors were claiming they were owed
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