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Real Estate News

Rental housing in Coquitlam set to break ground

Rental housing in Coquitlam set to break ground

But costs have risen 40% since project proposed, not known what the market rents will be
Public hearing for expanded Suter Brook proposal

Public hearing for expanded Suter Brook proposal

The prospect of 50 affordable rental apartments and 26 market rental units in Suter Brook drew praise from some Port Moody councillors considering a proposal by Onni to increase density in its last parcel of property in the development.
Four in five British Columbians support new real estate taxes

Four in five British Columbians support new real estate taxes

More than 80 per cent of British Columbians agree that the new speculation tax and the expanded foreign buyer tax are “good” or “very good” moves by the NDP, according to a new poll.
Concert proposal in Coquitlam gets first glance

Concert proposal in Coquitlam gets first glance

As many as 6,000 new residents in eight towers, parks, YMCA, park-and-ride and community policing eyed for Burquitlam
Editorial: Why new speculation tax is not a speculation tax

Editorial: Why new speculation tax is not a speculation tax

Those of us who keep a close eye on the B.C. real estate industry and housing policy were widely anticipating a speculation tax to be introduced in last week’s B.C. Budget, as it had been heavily hinted at by the NDP in advance of the announcement.
Affordability needs collaboration say developer and mayor

Affordability needs collaboration say developer and mayor

An initiative by the developer putting the finishing touches on The Strand condo project in Port Moody helped put those 84 units within reach of first-time home buyers.
B.C. Budget: Province plans 114,000 units to help relieve housing shortage

B.C. Budget: Province plans 114,000 units to help relieve housing shortage

B.C. is mapping out a program to build 114,000 affordable housing units to address the province’s housing shortage.
B.C. mayors call for diverse housing supply, new ownership options

B.C. mayors call for diverse housing supply, new ownership options

More rental housing, coops, among the recommendations
Updated - Flavelle proposal passes first regional hurdle

Updated - Flavelle proposal passes first regional hurdle

A proposed development on Port Moody's waterfront took another step after it received support from the region last week. Metro Vancouver’s regional planning committee last Friday voted to support Port Moody’s proposal to re-designate the 12.
PoMo wants to inform residents about growth

PoMo wants to inform residents about growth

The city of Port Moody will spend $3,100 on an information campaign about the city’s growth and development, once it figures out where the money will come from.