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Real Estate

B.C.'s office, industrial real estate markets to adjust in 2024

B.C.'s office, industrial real estate markets to adjust in 2024

Metro Vancouver’s retail segment is expected to remain stable despite inflation.
Housing minister warns against resistance to ending exclusionary zoning

Housing minister warns against resistance to ending exclusionary zoning

TORONTO — Canada's Housing Minister is warning that municipalities won't succeed with applications for federal housing accelerator funding unless they are flexible on zoning rules.
B.C. residential real estate to reflect 2023 trends, experts say

B.C. residential real estate to reflect 2023 trends, experts say

Market predictions for 2024 consider low housing supply and modest price increases.
Downtown makeovers continue with Royal Centre plaza renovation

Downtown makeovers continue with Royal Centre plaza renovation

Renovations aim to attract tenants and engage the public
Opinion: B.C. must do more, faster to fix our dysfunctional housing system

Opinion: B.C. must do more, faster to fix our dysfunctional housing system

Current supply- and demand-side measures across levels of government don’t do enough to secure affordable housing for Canadians
Kelowna approves sweeping restrictions on short-term rentals

Kelowna approves sweeping restrictions on short-term rentals

Kelowna city council voted 4-3, with two councillors having to sit out because they own and operate short-term rental properties
Vancouver school board says it's owed $49M in back rent for Kingsgate Mall property

Vancouver school board says it's owed $49M in back rent for Kingsgate Mall property

Civil claim filed Jan. 12 latest action in dispute with Beedie Development.
Asking rents jump 8.6% in December to hit record $2,178 on average: report

Asking rents jump 8.6% in December to hit record $2,178 on average: report

A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but an 8.6 per cent jump year-over-year. The data released Monday by Rentals.
Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution

Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution

With interest rate cuts likely on the horizon, the Canadian Real Estate Association expects the number of homes changing hands this year to grow following a slowdown in 2023.
Victoria aims to pave the way for innovative uses for rooftops

Victoria aims to pave the way for innovative uses for rooftops

Council asks staff to find ways of providing incentives for and reducing barriers to establish green roofs, rooftop solar and other creative ideas