Real Estate

City claims 17 per cent of total industrial space under construction in Metro Vancouver

Both markets expected to see softening sales due to low supply and high mortgage rates

TORONTO — A new Re/Max Canada report forecasts the country's real estate market will soften this fall with average home prices predicted to remain flat as the housing market deals with high interest rates and a lack of homes for sale.

VANCOUVER — The Real Estate Board of Greater Vancouver says higher borrowing costs combined with seasonal patterns are putting the housing market on track to see slowing sales and price stabilization.

City council approved the 10-unit project on Terminal Avenue in February 2022.

Two neighbouring projects cover a total of 374 acres and will host more than 5,000 new homes even as B.C’s. residential market slows

TORONTO — Affordability is the top reason cited among Canadians who opted for co-ownership with family members and friends, according to a new Royal LePage survey.

Building materials, mortgage rates and new building codes are adding to the cost of building a new home.

The B.C. government could raise billions of dollars annually for public housing projects, with modest increases to taxes on the highest-valued residential properties, says economist