Â鶹Éç¹ú²ú

Technology investments tailored to the residential, investment markets pay off

SAANICH, B.C. — British Columbia's government is spearheading a new public development project on Vancouver Island aimed at bringing more affordable homes closer to transit access.

After five straight holds of the Bank of Canada's key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market — but don't expect a big surge just yet.

"It's probably fair to say they're pulling many ideas from B.C."

A look into predictions from the Vancouver Real Estate Forum for three commercial real estate markets in 2024.

Home prices expected to reach new highs by 2026, says CMHC

Tax auditors uncover, on average, $86,036 per re-assessment in their real estate-related audits in 2023; lifestyle/income and capital gains audits account for majority of findings in B.C.

The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026.

With more than 40 per cent of Canadian mass-timber projects already based in the province, B.C. is poised to capture ‘tidal wave’ of interest

Property value has risen significantly since 2019 purchase