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British Columbia

Rental supply gains help cool pace of rent growth in 2024: CMHC

Rental supply gains help cool pace of rent growth in 2024: CMHC

The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year amid Canada's largest gain of purpose-built rental supply in more than three decades.
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Surrey needs 170K more homes by 2043 to meet city’s housing needs, says report

Surrey needs 170K more homes by 2043 to meet city’s housing needs, says report

In strategic shift, city council will ‘facilitate’ rather than ‘regulate’ housing development
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Spectre of proposed vacant land tax alarms Vancouver developer

Spectre of proposed vacant land tax alarms Vancouver developer

Department of Finance currently seeking input as federal election looms
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National home sales continue surging, prices rise amid falling interest rates: CREA

National home sales continue surging, prices rise amid falling interest rates: CREA

The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent compared with a year ago, marking the second straight month of large year-over-year gains.
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Projects up for Port Moody's final approval will bring more than 300 new rental apartments

Projects up for Port Moody's final approval will bring more than 300 new rental apartments

Anthem Properties wants to build two new rental projects in Port Moody along St. Johns Street.
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Should Delta follow Surrey's excavation pilot?

Should Delta follow Surrey's excavation pilot?

Speeding up timelines to get housing built faster is the focus
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Stacked industrial-office project positioned for future demand

Stacked industrial-office project positioned for future demand

With interest rates falling, brokers see buyers willing to invest in new space
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Housing starts rise from last month, up eight per cent in November: CMHC

Housing starts rise from last month, up eight per cent in November: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in November rose eight per cent compared with October, helped by strength in multi-unit starts in Quebec, Alberta and B.C.
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B.C. cities turning to AI to speed up housing approvals

B.C. cities turning to AI to speed up housing approvals

Gold standard is for AI to give site-level feedback with human checks and balances.
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Creditors owed $13.25M in Spirit Bay development

Creditors owed $13.25M in Spirit Bay development

The largest creditor is Beecher Bay (Sc’ianew) First Nation at $8.556 million, followed by Scala Development Consultants Ltd. at $2.374 million
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