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Real Estate

Two more towers up to 80 storeys tall, more rental housing could be coming to Burnaby’s Brentwood

Two more towers up to 80 storeys tall, more rental housing could be coming to Burnaby’s Brentwood

The city wants public feedback on proposed changes to the Brentwood Town Centre development plan.
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Housing starts stable in 2023, but demand still outpaces growing supply of apartments

Housing starts stable in 2023, but demand still outpaces growing supply of apartments

Despite housing starts in Canada's six largest citieshovering at near all-time highs last year, experts warn those levels are still not enough to address the country's housing shortage in the years to come. The Canada Mortgage and Housing Corp.
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Intracorp inks largest-ever financing deal with Grosvenor

Intracorp inks largest-ever financing deal with Grosvenor

Deal underscores the complexities of funding large-scale projects
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B.C. Airbnb hosts generated $93M in taxes in 2023, claims Airbnb

B.C. Airbnb hosts generated $93M in taxes in 2023, claims Airbnb

The rental platform says new short-term rental restrictions could have negative implications on tax revenue.
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B.C. real estate agent fined $55K, loses licence after assignment misconduct

B.C. real estate agent fined $55K, loses licence after assignment misconduct

Gina Takhar voluntarily surrendered her license in August 2020 but BCFSA pursued cancellation of the licence, plus a penalty.
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Builders fined for more falling construction debris at major Burnaby development

Builders fined for more falling construction debris at major Burnaby development

WorkSafeBC has fined CapWest Forming Ltd. and A. Carrillo & Bros Concrete Ltd. for a shoring post and two pieces of plywood that fell from the 62nd level of tower 2 at the Gilmore Place development in Brentwood.
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Vancouver top city in Canada for commercial real estate investment, says report

Vancouver top city in Canada for commercial real estate investment, says report

While sentiments towards investment are rosy, the dollar volume of transactions fell by nearly half in 2023
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Vancouver appoints chief planner after six-month vacancy

Vancouver appoints chief planner after six-month vacancy

Josh White appointed general manager of planning, urban design and sustainability; position of director of planning remains open
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B.C. recreational property market still sleepy as it awaits rate cuts

B.C. recreational property market still sleepy as it awaits rate cuts

Experts predict B.C. prices will increase 5% as spring market brings more supply.
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B.C. funds 2,000 new affordable homes for renters in Metro Vancouver

B.C. funds 2,000 new affordable homes for renters in Metro Vancouver

SURREY — Seventeen new housing projects are set to add nearly 2,000 new affordable homes for renters in Metro Vancouver through British Columbia's community housing fund. Premier David Eby made the announcement at a construction site in Surrey, B.C.
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