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Real Estate

Seniors face rent hikes despite rise in independent-living units

Seniors face rent hikes despite rise in independent-living units

Rent increases grow old Higher vacancies aren’t translating into lower rents for seniors, according to a new Canada Mortgage and Housing Corp. (CMHC) report. The vacancy rate for independent-living units stood at 4.
Real estate market ‘primed for a comeback’: Metro Vancouver brokerage

Real estate market ‘primed for a comeback’: Metro Vancouver brokerage

Data suggests housing inventory, while higher than in recent years, is still historically low – leading to increased demand, according to Dexter Realty
BIA questions city’s ownership of $17.7-million Hastings-Sunrise parking lot

BIA questions city’s ownership of $17.7-million Hastings-Sunrise parking lot

City of Vancouver on land title but BIA says businesses and property owners may have rights to land — it's seeking a legal opinion
Beware of real estate investment schemes promising tax write-offs, warns CRA

Beware of real estate investment schemes promising tax write-offs, warns CRA

Fraudulent schemes lure investors with false promise of huge tax write-offs – and those who invest could face prosecution
Metro Vancouver building permits leap 131% in April

Metro Vancouver building permits leap 131% in April

New Statistics Canada data cites changes in regional development costs for the burst of building permits this April
New Westminster highrise with separate entrances for renters heading to hearing

New Westminster highrise with separate entrances for renters heading to hearing

A 29-storey building that includes a mix of strata and rental units is heading to public hearing later this month. Orr Development Corp.
Port Moody council will look at monster homes issue

Port Moody council will look at monster homes issue

New homes are dwarfing neighbouring ones, obstructing views and creating ill will among neighbours
Real estate takes a break as recreational property sales slow across B.C.

Real estate takes a break as recreational property sales slow across B.C.

All recreational regions surveyed in Royal LePage report see declining sales, but prices remain steady and even rise in some hot spots
Best Lower Mainland neighbourhoods to buy a home right now: study

Best Lower Mainland neighbourhoods to buy a home right now: study

Whether it’s a neighbourhood that’s up and coming, or one that will always be desirable, there are many good reasons to invest in a home in certain hot spots – even in a down market. But sometimes, identifying those hot areas can be tricky.
Six-storey apartment complex OK'd for downtown PoCo

Six-storey apartment complex OK'd for downtown PoCo

A fourplex in downtown Port Coquitlam will be razed to make way for a six-storey apartment block.