British Columbia / Alberta
Renting
Size Matters: Renters Prioritizing Space And Price Over Location
A study from simplydbs found that 74% of renters valued price over location, amid a high cost of living.
Sep 11, 2024
Renting
“Historically Irregular”: Canadian Rent Growth Slows To Almost 3-Year Low
The sluggish summer is attributed to “a combination of more supply being built, as well as a rollback in demand from population-related changes in government policies.”
Development Projects
Coquitlam Tri-City Central Master Plan By QuadReal & Marcon To See Further Delay
After their Tri-City Central master plan proposal received third reading in September 2022, QuadReal and Marcon have requested two 12-month extensions.
Listed Commercial
Starlight Selling 40-Storey Aqua Tower In New West Just 4 Years After Acquisition
Toronto-based Starlight Investments acquired 900 Carnarvon Street, known as Aqua at Plaza 88, in New Wesminster in October 2020.
Beautifully Renovated Ballantrae Home Serves Modern Sophistication
The charming bungalow offers serene, tree-filled views, an interior brimming with stunning craftsmanship, and top-of-the-line creature comforts.
Development Projects
Phase One Of Burnaby Lake Village Master Plan To Include 6 Buildings, 1,100 Units
The Burnaby Lake Village master-plan community being developed by Peterson and Create Properties is set for 6800 Lougheed Highway.
Real Estate News
Fall To See Softer Home Prices, More Multiplexes Hitting The Market
After a year of "record-breaking," "unprecedented," and "all-time" highs and lows, the fall season has arrived, bringing with it built up inventory and the promise of lower interest rates.
Development Projects
Westbank Proposing 3 Towers For East Village Project In Vancouver DTES
The proposal by Westbank and Promerita Group is a for a 39-storey and 38-storey rental tower, plus a 19-storey social housing tower, along E Hastings Street in Vancouver.
Policy
"A Dramatic Shift": Provincial Fund Now The Biggest Buyer In BC's Multi-Family Market
British Columbia’s $500 million Rental Protection Fund has kicked into high gear since it was announced by Premier David Eby more than a year ago, but it's not without its critics.
Real Estate News
Greater Vancouver Real Estate Market Sees Both Buyers And Sellers Hesitating
Despite two quarter-point interest rate cuts before August came around, home sales failed to pick in the Greater Vancouver region.
Development Projects
OpenForm Revises 40-Storey Tower Proposal For Burnaby Honda Dealership
The OpenRoad Honda is located at 6958-6984 Kingsway and 7243 Greenford Avenue in the Edmonds neighbourhood of Burnaby.
Economy
Bank Of Canada Cuts Interest Rate For Third Consecutive Time
Wednesday's announcement from the Bank of Canada brings the policy interest rate down to 4.25%.
Policy
City of Edmonton Introduces $39M Infill Infrastructure Fund
The new Infill Infrastructure Fund is made possible by the money the City of Edmonton is receiving from the federal Housing Accelerator Fund.
Economy
Where Every Big Bank Stands On Tomorrow’s Interest Rate Announcement
Economists with Canada’s ‘Big Five’ banks are unanimously calling for an interest rate cut tomorrow, but there is some diversity in views when it comes to the announcements to follow.
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