Real Estate

City embarks on a ‘made-in-Vancouver’ response to city’s housing crisis, aims to build 4,300 units

TORONTO — Average asking rents across Canada hit an 18-month low in January, declining 4.4 per cent on an annual basis to $2,100. A monthly report by Rentals.

Vacancy rates expected to tighten in 2025, says Avison Young specialist

Municipal obstacles to redevelopment prompted Wesbild to sell the 27.5-acre site

The city is planning a long-term project in hopes of making downtown Granville Street safer for pedestrians and commuters.

Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but its outlook is clouded by the threat of widespread tariffs from the U.S.

The number of homes that changed hands in the Vancouver area rose again last month, but the city's real estate board says new listings outpaced demand as sellers showed they're eager to enter the market.

“I think prices are going to hyper-inflate if they have to consider unknown tariffs coming in at an unknown time from an unknown direction,” says the head of the Vancouver Island Construction Association

Alden Chand, who took $200,000 from neighbours to buy himself a home, is no longer licensed but may still face regulatory hearing, according to B.C. Financial Services Authority