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Real Estate

Vancouver city council defers $10M in community-oriented funds for local developer

Vancouver city council defers $10M in community-oriented funds for local developer

City report cites interest rates and increasing costs, but Anthem Properties says the issue lies in the housing approval process
Permitting changes at Vancouver City Hall won’t fix key issues, industry says

Permitting changes at Vancouver City Hall won’t fix key issues, industry says

Builders hope recently passed changes are just two of the many updates city hall plans to make to its housing permitting and approval process
CMHC reports annual rate of housing starts in Canada fell in May

CMHC reports annual rate of housing starts in Canada fell in May

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in May dropped 23 per cent compared with April as starts of apartments, condos and other types of multi-unit housing projects in Vancouver, Toronto and Montreal fell.
Prince George facing slowest construction season in six years

Prince George facing slowest construction season in six years

The City of Prince George has issued 35% fewer building permits so far this year than in the same period last year.
Four B.C. cities have Canada's lowest property tax rates: Zoocasa

Four B.C. cities have Canada's lowest property tax rates: Zoocasa

Lower tax rates fuel competition and attract investors, putting average homebuyers at a disadvantage, says online brokerage firm.
City of Vancouver launches digital permitting tools for housing

City of Vancouver launches digital permitting tools for housing

Announcement follows the province setting its sights on becoming a digital permitting leader
B.C.’s residential home sales snap back in May: BCREA

B.C.’s residential home sales snap back in May: BCREA

Average home prices reach over $1M for the first time since April 2022
Decision on controversial Vancouver Chinatown condo project expected June 26

Decision on controversial Vancouver Chinatown condo project expected June 26

Development permit board hears overwhelmingly from citizens to reject Beedie's proposal.
Gil Yaron: Reusing and relocating houses ought to be part of the solution to our crisis

Gil Yaron: Reusing and relocating houses ought to be part of the solution to our crisis

Homes need to be assessed for relocation before they're casually taken down
FirstService to launch suit against province over changes to strata insurance

FirstService to launch suit against province over changes to strata insurance

The Imminent rule change may increase strata costs and exacerbate shortage of strata property managers
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