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Real Estate

Six-storey market residential building proposed for Mount Pleasant

Six-storey market residential building proposed for Mount Pleasant

Project includes 37-space daycare
B.C. Budget 2019: Budget delivers few new measures for housing and homeownership

B.C. Budget 2019: Budget delivers few new measures for housing and homeownership

Biggest new policy is a $76 million investment in modular housing for homeless; no sign of promised renters’ rebate
Landowners await payday in Port Kells

Landowners await payday in Port Kells

Fourteen years after the City of Surrey released a land use plan for 1,008 acres (408 hectares) in Port Kells south of the Trans-Canada Highway, and seven years since much of the land was designated for higher-density residential development, land sp
Victoria highlights housing investments in advance of budget

Victoria highlights housing investments in advance of budget

Budget intentions The provincial budget this week will set forth Victoria’s spending plans for the coming fiscal year, a glimpse of which was seen in last week’s throne speech.
Proposed 54-storey ‘Granville Gateway’ tower under review

Proposed 54-storey ‘Granville Gateway’ tower under review

Urban Design Panel meets next week to assess proposed 601 Beach Crescent development at the north end of Granville Street Bridge
Housing-related ‘brain drain’ from Metro Vancouver is a myth, says analyst

Housing-related ‘brain drain’ from Metro Vancouver is a myth, says analyst

More young professionals are coming to the region than are leaving it, according to census data
Vancouver house prices continue to weaken

Vancouver house prices continue to weaken

The latest Teranet-National Bank data shows prices in the region have fallen -3.2% over the last six months
Foreign buyers find purchase in region’s industrial strength

Foreign buyers find purchase in region’s industrial strength

Industrial interest Demand for industrial space in Metro Vancouver continues to outstrip supply, leaving investors and tenants alike scrambling for opportunities. The strength of the market means local buyers now face competition from beyond Canada.
Province expecting $400m hole in property transfer tax revenues

Province expecting $400m hole in property transfer tax revenues

Housing market slowdown has slashed B.C. government’s projected income from purchase taxes, including foreign-buyer tax revenues
‘Non-individuals’ own 10% of B.C. residential property: CMHC

‘Non-individuals’ own 10% of B.C. residential property: CMHC

Non-individual ownership in Kelowna outstrips that in Vancouver