Howard Chai
Howard is a freelance real estate reporter based in Vancouver who covers the development industry, housing policy, and commercial real estate. He was previously Western lead at STOREYS, where his work was nominated for a Jack Webster award. He is also a contributor at Western Investor, RENX, The Tyee, and The Globe and Mail, as well as Founder of The Realist.
Real Estate News
"Calm" Summer Expected As Home Sales Remain Subdued Across Lower Mainland
Prices have remained flat or fallen, but demand remains muted both in Greater Vancouver and the Fraser Valley.
Real Estate News
Application Period Opens For Development Charge Reduction Program In Ontario
The Development Charge Reduction Program (DCRP) is part of the "Canada-Ontario Partnership to Build" announced in March, and the application deadline is June 19.
Development Projects
Mosque And 38-Storey Tower Proposed Near Surrey's King George Station
The site, 13508-13546 98A Avenue, is currently occupied and owned by the Masjid Al Noor (Mosque of Lights).
Mortgages
TD Introduces Agentic AI To Mortgage And HELOC Application Reviews
TD Bank says this is a first step towards "an end-to-end transformation of its Real Estate Secured Lending (RESL) operations."
Listed Commercial
GWL Realty Lists 23-Acre Westbank Hub North Shopping Centre In West Kelowna
Westbank Hub North is anchored by Walmart and is one of the Okanagan's most dominant open-air retail centres.
Industry
CRE8 Vancouver Launches For Women On Transaction Side Of Commercial Real Estate
Two members of the CRE8 Vancouver Board, Bahareh Tabar and Stephanie Yeargin, share how CRE8 came to be and why it's so important.
Surrey
Surrey Approves DCC Reductions, Planning New ACC Program
The DCC rates were approved by Council and now need to be approved by the Province, while the new ACC program still needs Council approval.
Development Projects
Carlyle Looks To Sell South Phase Of Toronto Junction Project
A 35-storey tower and a 28-storey tower have been approved for 6 Lloyd Avenue in Toronto and Carlyle Communities recently listed the latter.
Real Estate News
Rennie President Greg Zayadi On 'The Agency' Partnership
The partnership with The Agency "creates a global connection" for Rennie, President Greg Zayadi tells STOREYS.
Real Estate News
Chartwell Pays $382.M For 30% Stake In Fengate's Seasons Senior Housing Portfolio
The portfolio of 23 retirement residences spans Ontario, Alberta, and British Columbia, and totals 2,943 suites.
Development Projects
Wesgroup Revises Civic District Master Plan Project In Surrey To 1,900 Units
Wesgroup's Civic District project at 10355 King George Boulevard in Surrey is set to include 1,900 new homes across four towers between 40 and 50 storeys.
Office
Canadian Office Vacancy Expected To Hit Pre-Pandemic Levels By 2029
The national office vacancy rate in Canada peaked in 2025 at 14.9%, but is now on the decline again.
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