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Real Estate

Standardized housing designs coming to B.C. to speed up permitting

Standardized housing designs coming to B.C. to speed up permitting

Designs can be adopted by local governments to reduce construction costs, says Ministry of Housing
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Data points: Expect a chilly winter for real estate as prices stick and sales drop

Data points: Expect a chilly winter for real estate as prices stick and sales drop

Meanwhile, B.C.’s labour market remained flat in October, writes economist Bryan Yu
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CMHC says annual pace of housing starts in October up 1% from September

CMHC says annual pace of housing starts in October up 1% from September

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts for October ticked up from September.
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Vancouver unlocks housing for mid-income earners, near schools but not Shaughnessy

Vancouver unlocks housing for mid-income earners, near schools but not Shaughnessy

Council voted to approve a motion that aims to add housing density near under-enrolled schools in addition to adding mandates to support housing for middle-income earners.
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Fewer parking stalls coming to new developments in West End, Broadway Plan area

Fewer parking stalls coming to new developments in West End, Broadway Plan area

Vancouver city staff want to remove minimum parking requirements across the entire city.
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Why Metro Vancouver’s residential presale market is being flooded with units

Why Metro Vancouver’s residential presale market is being flooded with units

Despite new presale units on offer, buyer demand below typical levels of a ‘favourable’ market: MLA report
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B.C.’s real estate market chilly as high rates take toll, says association

B.C.’s real estate market chilly as high rates take toll, says association

Housing supply increases for the fifth consecutive month but remains below historical norms: BCREA
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Real estate market notches downward amid climbing interest rates, association says

Real estate market notches downward amid climbing interest rates, association says

VANCOUVER — British Columbia real estate sales and prices bumped up slightly in October compared with a year ago in what is being described as a balanced market. Figures from the B.C.
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Average Canadian rent price hits new high for sixth consecutive month: report

Average Canadian rent price hits new high for sixth consecutive month: report

The average asking price for a rental unit in Canada reached $2,178 last month, a 9.9 per cent year-over-year increase and continuing a trend that has seen asking rents hit new highs for six months in a row.
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Owners of Bentall Centre in Vancouver refinance property’s $455M loan

Owners of Bentall Centre in Vancouver refinance property’s $455M loan

Hudson Pacific Properties REIT says refinancing underscores quality of 1.5M-square-foot downtown office complex.
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