Howard Chai
Howard is based in Burnaby and covers real estate, housing policy, and the development industry. You can email him at howard@storeys.com or message him anonymously on Signal at HowardChai.24.
Staff Writer & Western Lead
Real Estate News
Greater Vancouver Real Estate Market Seeing "Emerging Signs Of A Recovery"
Home sales in Greater Vancouver are still down, but started to regain footing in June, according to Greater Vancouver Realtors.
Policy
Vancouver Unveils New Rupert And Renfrew Plan, Unlocking Up To 10K New Homes
The new Rupert and Renfrew Station Area Plan has been in the works since late-2021 and is set to be approved by Vancouver City Council on July 8.
Development Projects
Polygon Planning 31-Storey "Elysée" Condo Tower Near Oakridge Park
Polygon acquired the 5655 Cambie Street site earlier this year and has submitted a rezoning application for a 31-storey tower named Elysée.
Hotel
Brookfield Buys Shangri-La Vancouver From Westbank & Peterson, Rebrands It As Hyatt
The Shangri-La Vancouver is located within a 62-storey tower developed by Westbank and Peterson and is set to be rebranded as a Park Hyatt in 2026.
People
BC Real Estate And Development Industry Hires And Promotions: June 2025
Commercial real estate brokers, Marcus & Millichap, Colliers, and Avison Young all made notable hires or promotions, as did developers Concert Properties, Wesgroup, and Wesbild.
Development Projects
High-Rise Condo Projects In Surrey Pivoting To Rental Amid Market Downturn
The Metro Vancouver presale market is tempered, but developers want to carry on with their projects, so are thus pivoting to rentals.
Real Estate News
Calgary Real Estate Board Downgrades 2025 Forecast Due To "Heightened Uncertainty"
The Calgary Real Estate Board (CREB) previously projected over 26,000 sales in 2025, but is now cutting that projection to around 23,000.
Commercial
Washroom Dispute Brews At Marine Landing As Buyers Raise Concerns
The Marine Landing stacked industrial project by Wesbild at 8232 Manitoba Street in Vancouver recently completed construction.
Policy
Coquitlam Unveils New Land Use Plan For Transit-Oriented Areas And Corridors
The City of Coquitlam is now holding public engagement on its proposed land use plan for Burquitlam and Lougheed Station, as well as southwest shoulder and corridor areas.
Policy
Victoria Unveils Modernized Parking Regulations To Support Development
Changes the City of Victoria are proposing include removing or reducing minimum parking requirements for different types of housing developments.
Calgary
Calgary Making "Significant Strides" Since Approving Housing Strategy
The City of Calgary approved its "Home Is Here" housing strategy in September 2023 after a three-day public hearing.
Development Projects
Capilano Mall Redevelopment By QuadReal Includes 11 Towers Up To 40 Storeys
QuadReal has been working on a development plan for Capilano Mall in North Vancouver and has now submitted a formal application.
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