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Real Estate

Province introduces legislation to spur small-scale multi-unit home construction

Province introduces legislation to spur small-scale multi-unit home construction

Municipalities will be required to adopt new zoning bylaws to comply with the provincial changes by June 30 of next year
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Little Mountain developer promises 282 social housing units to be built by 2026

Little Mountain developer promises 282 social housing units to be built by 2026

Joo Kim Tiah: "I need to build the social housing so we can pay back [the loan from] the province. If I don't do that, I'm in trouble."
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Greater Victoria real estate sales drop amid interest-rate uncertainty

Greater Victoria real estate sales drop amid interest-rate uncertainty

The Victoria Real Estate Board says sales fell 15.2 per cent to 407 in October compared to the same time last year.
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Rental Protection Fund taps 22 non-profits to secure affordable rental units across B.C.

Rental Protection Fund taps 22 non-profits to secure affordable rental units across B.C.

Fund currently has 25 properties across the province under consideration for acquisition, according to the organization’s first report.
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Calgary Real Estate Board reports 17 per cent increase in home sales for October

Calgary Real Estate Board reports 17 per cent increase in home sales for October

CALGARY — The Calgary Real Estate Board says the city saw 2,171 home sales in October, marking a 17 per cent increase compared with the same month last year and among the highest levels it has ever reported for October.
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Lower Mainland industrial sites have double the parking than what’s needed: report

Lower Mainland industrial sites have double the parking than what’s needed: report

Reducing parking at industrial sites can boost access to land, according to industry association.
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Esquimalt to require developers to assist displaced tenants

Esquimalt to require developers to assist displaced tenants

Five out of the 13 capital region municipalities now have tenant assistance policies
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Metro Vancouver approves aggressive lift to DCCs as construction slows

Metro Vancouver approves aggressive lift to DCCs as construction slows

Regional move compounds the impact of local government increases
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Burnaby approves 5 new Metrotown towers up to 60 storeys with 2,000+ homes

Burnaby approves 5 new Metrotown towers up to 60 storeys with 2,000+ homes

The Concord Metrotown development includes mixed-tenure buildings with strata condos, market rental and non-market rental homes, as well as an office/hospitality tower.
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87 B.C. communities have applied to the Housing Accelerator Fund

87 B.C. communities have applied to the Housing Accelerator Fund

The Canada Mortgage and Housing Corporation says they're working with the cities and municipalities who have applied for federal support.
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