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Metro Vancouver developers delaying real estate projects amid higher rates, escalating costs

Metro Vancouver developers delaying real estate projects amid higher rates, escalating costs

Largest developers ‘plugging away’ but leaning on programs, pausing some activity
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Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Meanwhile, economist forecasts no rate cuts coming until mid-2024
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Trial begins over cancelled Richmond condo presale contracts

Trial begins over cancelled Richmond condo presale contracts

One of the 37 plaintiffs in the breach of contract trial testified Monday she "lost a lot of sleep" after the 2019 cancellation.
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Cities call for infrastructure funding to build homes, fiscal update sparks dismay

Cities call for infrastructure funding to build homes, fiscal update sparks dismay

OTTAWA — The federal government's fiscal update has sparked disappointment among many who were hoping for big action on housing, including municipal leaders.
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Densification push threatens to squeeze out small businesses

Densification push threatens to squeeze out small businesses

Land rush, tax crush expected as new measures clarify entitlements
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Comment: Short-term rental ban will cost hundreds of millions of dollars

Comment: Short-term rental ban will cost hundreds of millions of dollars

The province’s Short-Term Rental Accommodations Act, passed a mere 10 days after being introduced, should have been called the Hotel Monopoly Act.
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B.C's speculation tax on homes expands by 13 new municipalities

B.C's speculation tax on homes expands by 13 new municipalities

VICTORIA — British Columbia's New Democrat government is expanding one of its first measures to combat the housing crisis to include 13 more communities.
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One-third of Metro Vancouver renters could be impacted by province’s transit development plans: research

One-third of Metro Vancouver renters could be impacted by province’s transit development plans: research

B.C.’s transit-oriented development legislation aims to deliver 100K new housing units over the next 10 years.
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Government pledges to spur rental construction in tight market

Government pledges to spur rental construction in tight market

New capital for loans will help projects pencil out as conditions stabilize
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Eby says governments must step up on housing, can't rely on private sector

Eby says governments must step up on housing, can't rely on private sector

VANCOUVER — It's "hard to understand" why many politicians still believe they can rely on the private sector to deliver affordable housing and instead it's time for governments to step up, B.C. Premier David Eby told a conference on Tuesday.
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