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Real Estate

Delta industrial application waiting six years for provincial approval, complains mayor

Delta industrial application waiting six years for provincial approval, complains mayor

MK Delta Lands says the site is ideally located for logistics and distribution centres

Coleen Volk named head of Canada Mortgage and Housing Corp.

The federal government has named Coleen Volk as president and CEO of Canada Mortgage and Housing Corp. and Don Iveson as chair of the board of directors.
B.C. builders take small comfort from interest rate downturn

B.C. builders take small comfort from interest rate downturn

Although it’s only a small drop from 5% to 4.75%, it’s a move in the right direction for a thirsty development community that’s seeing condo projects put on pause or pivoting to rental.
North Vancouver industrial property changes hands in $145M sale

North Vancouver industrial property changes hands in $145M sale

Hydrogen fuel plant approved for site in major new investment
Vendor financing still important despite interest rate cut

Vendor financing still important despite interest rate cut

Creative solutions needed as financing costs remain high
Vancouver council allows 'mass timber' buildings up to 18 storeys

Vancouver council allows 'mass timber' buildings up to 18 storeys

City’s chief building official: “When there is a fire in a mass timber building, we see charring that takes place, and the charring actually helps protect the remainder of the structure.”
Every new home built requires $100,000 in infrastructure spending: report

Every new home built requires $100,000 in infrastructure spending: report

As Canada aims to build homes faster, both the public and private sectors will need to boost spending on municipal infrastructure, a new report from the Canadian Urban Institute says.
Pardon our dust: Why some businesses remain open during a building renovation

Pardon our dust: Why some businesses remain open during a building renovation

The benefits of staying open include maintaining the flow of goods and services and retaining valued employees.
Vancouver Island’s recreational property prices set to rise in 2024

Vancouver Island’s recreational property prices set to rise in 2024

Reports find recreational owners holding on to properties despite market challenges
Younger homeowners more likely to be financially stressed: survey

Younger homeowners more likely to be financially stressed: survey

Roughly six in 10 Canadians with a mortgage are financially stressed, with younger homeowners more likely to be under pressure.