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Real Estate

Vancouver luxury buyers draw bead on single-family homes, says Sotheby’s

Vancouver luxury buyers draw bead on single-family homes, says Sotheby’s

Activity picked up in the second half of last year as buyers shifted their preference to detached homes
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Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

Higher mortgage rates and persistently high home prices also continued to make it harder for renters to transition to home ownership
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City of North Van borrows $50M to fast-track affordable housing initiative

City of North Van borrows $50M to fast-track affordable housing initiative

Taking on debt now will make the project cheaper and deliver new homes faster, council says
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B.C. municipalities seek fresh ways to address planning delays

B.C. municipalities seek fresh ways to address planning delays

New development taxes, technology, consultants considered
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Has an exodus of B.C. residents lowered Metro Vancouver rent prices?

Has an exodus of B.C. residents lowered Metro Vancouver rent prices?

Rental prices in Vancouver did not slow down just because some of its locals left
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Cap on student visas should help take pressure off soaring rents, BoC head says

Cap on student visas should help take pressure off soaring rents, BoC head says

'Bottom line ... we're still going to be dealing with some pretty serious rent inflation in the next couple of years.'
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Vancouver builders expected to face Canada's highest construction costs in 2024

Vancouver builders expected to face Canada's highest construction costs in 2024

Upward pressure could resume later this year as business investment increases
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Subsidized housing units sit empty in B.C. for months amid wait for reno cash

Subsidized housing units sit empty in B.C. for months amid wait for reno cash

Pacifica Housing says it’s facing a funding shortfall of more than $2 million from B.C. Housing, making it challenging to provide the desperately needed units
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Enough competition to ‘scare the living heck’ out of B.C. real estate agents as numbers surge

Enough competition to ‘scare the living heck’ out of B.C. real estate agents as numbers surge

Pop culture, social media drawing more real estate agents into industry, say experts
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Vancouver's 'most-artful hotel' to be redeveloped into massive complex

A new tower is coming to Robson Street
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