British Columbia / Alberta
Development Projects
Gracorp Proposing 34-Storey Tower At Future South Granville Station In Vancouver
The tower being proposed by Gracorp Properties would sit at 1470-1476 W Broadway and include a secondary entrance to the future South Granville Station.
Jul 26, 2024
Profiles
PCI President Tim Grant On Marine Gateway 2 And Development Processes
PCI Developments is expected to submit their official rezoning application for Marine Gateway 2 to the City of Vancouver in September.
Economy
The BoC Came Through With A Rate Cut. Economists Are Already Anticipating Another
Economists with CIBC, BMO, and Desjardins are optimistic that the Bank of Canada will deliver on a third interest rate cut in September.
Development Projects
Anthem And Crestpoint Take Over West End Project From Strand And Intracorp
Anthem Properties and Crestpoint have also made significant changes to the tower planned for 1318 Thurlow Street and 1068-1090 Burnaby Street in the West End of Vancouver.
Newly Listed Trinity Bellwoods Modern Serves Sleek Sophistication
In the heart of the Trinity Bellwoods neighbourhood, a stunning family home (meets architectural feat) is waiting to be fallen for.
Listed Luxe
One Of Vancouver's Largest Residences Hits Market For $27.5M
Located a short distance from the Fraser River, this home is so close to the Marine Drive Golf Club that it's practically an extension of the (already sprawling) backyard.
Construction
CMHC Introduces 'Frequent Builder Framework' To Fast-Track Loan Applications
The frequent builder framework will allow applications for CMHC's Affordable Housing Fund and Apartment Construction Loan Program to be expedited.
Taxes
Easing Does It: Bank Of Canada Lowers Interest Rate By Another 0.25%
Wednesday’s cut brings the policy interest rate down to 4.5%, and was by and large anticipated by economists with Canada’s ‘Big Five’ banks.
Real Estate News
How Immigration And Migration Are Reshaping Canada's Luxury Home Markets
“Migration Nation” is the aptly named title of the Sotheby's International Realty Canada report revealing how population trends are impacting the country's most lucrative housing markets.
Policy
Bosa Properties Says Burnaby Policies Make Purpose-Built Rental Projects "Unbuildable"
Bosa Properties recently sent a letter to Burnaby City Council outlining its thoughts, after it backed out from acquiring a site in the Royal Oak neighbourhood.
Economy
Where Every Big Bank Stands On Tomorrow's Interest Rate Announcement
Recent data releases have been encouraging on the interest rate front, and economists with CIBC, RBC, and BMO are optimistic that we will see a quarter-point cut from the Bank of Canada tomorrow.
Development Projects
Cedar Coast Planning Langley Mall Redevelopment With 10 Buildings And 1,900 Units
Cedar Coast acquired the Langley Mall at 5501 204 Street from First Capital REIT over two years ago.
Condos
Metro Vancouver Sees Largest Quarterly Presale Inventory Release In Two Years
Despite the surge in inventory, sales velocity in the presales market has been slow and it could be more of the same to close out 2024, says MLA Canada.
Real Estate News
Canadian Cities Are Moving Into Buyers’ Markets, But Experts Say That Buyers Aren’t Biting
“For a buyers’ market to truly exist, you need to have real buyers.”
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