British Columbia / Alberta

Size Matters: Renters Prioritizing Space And Price Over Location
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.

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.

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.