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Real Estate

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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Do your parents own a home? StatCan says that might mean you’re more likely to own, too

Do your parents own a home? StatCan says that might mean you’re more likely to own, too

New study reveals British Columbians born in the 1990s to property-owning parents more likely to own compared with counterparts
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Here's how October's inflation data could affect mortgage renewals

Here's how October's inflation data could affect mortgage renewals

TORONTO — October's inflation rate fell to 3.1 per cent on a year-to-year basis — down from 3.8 per cent in September — mainly driven by lower gasoline prices, Statistics Canada reported on Tuesday.
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Real estate lenders await certainty as borrowers seek cash

Real estate lenders await certainty as borrowers seek cash

Alternative lenders, alternative assets in favour in tight times
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Standardized housing designs coming to B.C. to speed up permitting

Standardized housing designs coming to B.C. to speed up permitting

Designs can be adopted by local governments to reduce construction costs, says Ministry of Housing
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Data points: Expect a chilly winter for real estate as prices stick and sales drop

Data points: Expect a chilly winter for real estate as prices stick and sales drop

Meanwhile, B.C.’s labour market remained flat in October, writes economist Bryan Yu
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