Real Estate

15-storey social housing tower proposed for Commercial Drive parking lot

Same location of scrapped Kettle Society-Boffo Properties proposal from 2018.

Jul 16, 2024 5:00 PM Read more >

B.C. real estate brokerage fined $83K for anti-money laundering violations

West Vancouver brokerage among 12 entities fined by Fintrac in 2023/2024 for non-compliance of anti-money laundering and terrorist financing policies.

Jul 16, 2024 4:30 PM Read more >

Energy efficiency in new construction could slow down in Richmond

The provincial timeline for 'step codes' is 2032, and some councillors think Richmond shouldn't speed ahead of this.

Jul 16, 2024 3:00 PM Read more >

B.C. city wants housing plan disclosure order quashed

A freedom of information request sought information on a wide range of housing data covering November 2019 to July 15, 2021.

Jul 16, 2024 1:00 PM Read more >

Liberal energy minister promises ban on oil furnaces for new builds as soon as 2028

OTTAWA — Ottawa intends to ban the installation of oil furnaces in new construction as soon as 2028, Energy Minister Jonathan Wilkinson announced Tuesday.

Jul 16, 2024 11:51 AM Read more >

CMHC says annual pace of housing starts in June down 9% from May

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell nine per cent compared with May.

Jul 16, 2024 8:20 AM Read more >

B.C. Realtor fined $130K, banned for role in alleged mortgage fraud network

Realtor Rashin Rohani bought five North Vancouver homes for herself using falsified income documents, according to a hearing panel of the BCFSA, the province's regulator of real estate

Jul 15, 2024 4:59 PM Read more >

Canada’s next housing crisis: Who is going to build millions of new homes?

The country's goal is to build 3.9 million new homes by 2031. But between labour constraints and productivity woes, an ambitious plan might be dead on arrival.

Jul 12, 2024 9:00 AM Read more >

CREA cuts housing market forecast for 2024 despite June sales rising

The Canadian Real Estate Association says it is scaling back its housing market forecast for the remainder of the year amid increased levels of supply and a quiet spring spurred by fewer interest rate cuts expected in 2024.

Jul 12, 2024 8:54 AM Read more >

Vancouver Island portfolio underscores multifamily opportunities

Steady demand for housing supports buyer interest

Jul 12, 2024 7:30 AM Read more >