Real Estate News

In a month that usually starts picking up in terms of sales activity ahead of the spring market, detached home sales in Metro Vancouver saw a considerable slump in February, according to the latest statistics. Detached sales were down 39.

But costs have risen 40% since project proposed, not known what the market rents will be

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.

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.

As many as 6,000 new residents in eight towers, parks, YMCA, park-and-ride and community policing eyed for Burquitlam

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.

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. is mapping out a program to build 114,000 affordable housing units to address the province’s housing shortage.

More rental housing, coops, among the recommendations

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.