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Real Estate

Some B.C. investors want out of short-term rental game as new legislation looms

Some B.C. investors want out of short-term rental game as new legislation looms

'There’s definitely some people talking about getting out ahead of it and getting out of the short-term rental and selling their property. But we haven’t, as of yet, seen a massive flood of it.'
Three in four Canadians say higher immigration is worsening housing crisis: poll

Three in four Canadians say higher immigration is worsening housing crisis: poll

Poll shows that Canadians see some benefits to higher immigration, too
Developers delaying real estate projects amid higher rates, escalating costs

Developers delaying real estate projects amid higher rates, escalating costs

Largest developers ‘plugging away’ but leaning on programs, pausing some activity
Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Meanwhile, economist forecasts no rate cuts coming until mid-2024
Trial begins over cancelled Richmond condo presale contracts

Trial begins over cancelled Richmond condo presale contracts

One of the 37 plaintiffs in the breach of contract trial testified Monday she "lost a lot of sleep" after the 2019 cancellation
Market conditions could cap Vancouver's growth as a destination for events

Market conditions could cap Vancouver's growth as a destination for events

Inflation, higher travel costs and limited hotel capacity are among the factors influencing corporate event venue supply and demand
Whistler’s housing challenges dampen welcome for new professional legislation

Whistler’s housing challenges dampen welcome for new professional legislation

New B.C. legislation will make it easier for workers with foreign credentials to work in the area of their expertise. Housing them, however, presents big challenges.
Municipalities say $600B in infrastructure needed to build 5.8M homes

Municipalities say $600B in infrastructure needed to build 5.8M homes

CMHC says Canada needs to build millions of homes to restore affordability
B.C.'s densification push threatens to squeeze out small businesses

B.C.'s densification push threatens to squeeze out small businesses

Land rush, tax crush expected as new measures clarify entitlements
B.C's speculation tax on homes expands by 13 new municipalities

B.C's speculation tax on homes expands by 13 new municipalities

The New Democrat government's speculation and vacancy tax will now apply to 59 B.C. cities and towns, says finance minister