British Columbia / Alberta

A rendering of Cohen Block.
Future Developments

Bosa Properties Submits Cohen Block Rezoning Application Without Staff Support

​The Cohen Block project would see the shuttered Army & Navy store in the Downtown Eastside redeveloped.

Real Estate News

Canadian House Prices To Fall 10% In 2024 As Economy Slips Into Recession

Although talks of recession are certainly loaded with doom and gloom, downcast conditions could tempt the BoC to hold rates at 5% until mid-2024.

Future Developments

After 10 Years, Concert And Peterson Are Ready To Bring Langara Gardens To Fruition

​Concert Properties and Peterson Group have submitted their rezoning application for the Langara Gardens redevelopment, after initially declaring their intent back in 2013.

Future Developments

Wesgroup Proposing 25 And 17-Storey Rental Towers Near Oakridge

​Wesgroup Properties originally submitted their rezoning application for the Oakridge site in 2020, but has since made significant changes to the proposal.

Real Estate News

Canadian Home Prices Crept Up In August But “Set To Moderate” In Coming Months

The degree of any price declines “should remain limited thanks to the support of historical demographic growth and the persistent lack of housing supply.”

Commercial

Student Housing Provider GEC Living Introduces Developer Partnership Program

​GEC Living will partner with other local developers to lease space, providing security to those developers and quickly adding student housing to the market.

Economy

Economists Divided Over Future Interest Rate Hikes As Inflation Rises

While some experts think the Bank of Canada will keep rates on hold until next year, others believe the "possibility of multiple further hikes" can't be dismissed.

Real Estate News

Half Of Canadians Think They Will Never Be Able To Buy A Home

The share of Canadians who think they will never break into the housing market has edged up 15% over the past six months, according to a new report.

Real Estate News

Latest BoC Rate Pause Comes Amid ‘Stiffer Headwinds’ For Housing Market

“We all know that it’s hard to keep this market down, but the headwinds are stiffer than they were the last time the Bank of Canada stepped aside,” says BMO Senior Economist Robert Kavcic.

Real Estate News

How Population Growth Has Impacted Housing Inventory In Canada

Inventory has slumped as Canada's population has soared, but there are other factors contributing to the decline.