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Real Estate News

Vancouver

Williams Lake is the only community in northern B.C. where housing affordability decreased in 2023. The region as a whole saw improved affordability, with Kitimat and Fort St. John bein...

Only three residents attended a public hearing where Surrey city council approved a 2024 budget with a six per cent property tax increase, a one per cent roads and tax levy increase, an...

Vancouver has one of Canada's most expensive housing rental markets, but prices have slightly cooled off in 2024. The average price for a one-bedroom, unfurnished unit dropped by 4% yea...

BCGEU's two-tower project in Burnaby, with 292 rental homes, has received final approval from the city council. The development includes a 20-storey tower and a 16-storey tower, with ha...

David Eby and housing minister Ravi Kahlon discussed new regulations for short-term rentals in Langley, aiming to restrict them to primary residences starting May 1. The rules target pr...

The 1921-built Tudor Revival style house on Cypress Street in Vancouver's First Shaughnessy neighborhood may see new densification allowances to comply with housing legislation. Changes...

B.C.'s new housing legislation may require densification in the affluent Shaughnessy neighborhood. Bill 44 allows for increased densities, with up to four units on a residential lot. A...

Richmond is one of the few Metro Vancouver cities where rents have decreased. The average rent for April in Richmond dropped compared to the previous month. While overall rents in Metro...

The Jennie Gaglardi Place apartments, offering affordable housing near KPU Langley campus, have opened. The five-story building owned by CLA Housing Society provides homes for $500 to $...

The City of Vancouver has identified a path forward to comply with new housing development legislation from the Government of British Columbia. City staff support most measures but need...

The final approvals were granted for two high-density residential projects by Delta council. One project involves a six-storey mixed-use housing development with condos and commercial s...

Vancouver potential homeowners may need a raise or extra job as buying a home in the city gets tougher. A report by Ratehub.ca shows the income needed to buy an average home in Canadian...

Vancouver needs to update zoning in the heritage neighbourhood of First Shaughnessy to comply with new provincial legislation. The changes may allow for denser, multi-unit housing proje...

Housing affordability in Canada is at its toughest, with Vancouver, Victoria, and Toronto being the most affected. Vancouver is facing a crisis with high costs, leading to the developme...

The City of Delta has the highest percentage of homes selling for $1 million or more in Canada. The city's high concentration of single-detached houses has led to rising home prices, ma...

The City of Vancouver is Canada's most expensive housing market, with an average price of $1,196,800 in March, up $13,500 from the previous month. A buyer there must earn $232,620.