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Metro Vancouver office vacancy rates increase amid development slowdown

Metro Vancouver office vacancy rates increase amid development slowdown

Office vacancy rates increased to 10.4% in Q2 2024, but a development drought may stabilize the trend, says Avison Young report.
Tenant advocate decries ruling that let B.C. landlord hike rent 27% after rates rose

Tenant advocate decries ruling that let B.C. landlord hike rent 27% after rates rose

An arbitrator with B.C.'s Residential Tenancy Branch has allowed a landlord to raise rent beyond the 3.5 per cent limit set by the province for this year because of ballooning mortgage costs.
Housing market fairly stable in July, conditions growing for more active market: CREA

Housing market fairly stable in July, conditions growing for more active market: CREA

OTTAWA — Canada's housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listings inched up, the Canadian Real Estate Association said. Sales were down 0.
B.C. landlord can increase rent 23.5% because of variable mortgage: arbitrator

B.C. landlord can increase rent 23.5% because of variable mortgage: arbitrator

Housing minister says his staff is reviewing the policy.
B.C.’s new eviction rules put home sales in jeopardy despite tweaks, real estate industry warns

B.C.’s new eviction rules put home sales in jeopardy despite tweaks, real estate industry warns

The notice period related to home sales has been changed to three months after industry pushback, while the notice period for landlord personal use was extended to four months
Affordable housing groups aiming to raise $110 million through community bonds

Affordable housing groups aiming to raise $110 million through community bonds

TORONTO — Tapestry Community Capital says housing groups across Canada are aiming to raise $110 million through community bonds to secure affordable living options.
Kelowna city staff against year-round RV park on agricultural land

Kelowna city staff against year-round RV park on agricultural land

Staff say recreational vehicles not recognized as dwelling units and that year-round RV use is banned on ALR land
Contentious apartment development back before council

Contentious apartment development back before council

The project includes 107 units and would offer rental housing in perpetuity
Vancouver Island communities prep policies, infrastructure for dry times

Vancouver Island communities prep policies, infrastructure for dry times

Recurring drought conditions poised to limit community growth
Whistler chips in $3.2M towards $45M-plus housing project in Cheakamus

Whistler chips in $3.2M towards $45M-plus housing project in Cheakamus

The project recently enjoyed an infusion of more than $12M from the province