British Columbia / Alberta
Development Projects
Century Group Proposing 4-Tower Redevelopment Of Tsawwassen Town Centre Mall
The redevelopment of Tsawwassen Town Centre Mall being proposed by Century Group would consist of four towers up to 24 storeys.
Dec 11, 2024
Multifamily
Starlight Buys Victoria Property Under Receivership For $23.5M After Bidding War
The 87-unit rental building at 4026 Quadra Street in Victoria was previously owned by Asfar Holdings Ltd. when it was placed under receivership in March.
Economy
Bank Of Canada Pulls Trigger On Second 50 Bps Interest Rate Cut
Wednesday’s decision — the last of the year — brings the policy rate down to 3.25%.
Renting
Canadian Rents Decline To 15-Month Low In November
Though rents remain well above historic levels, they are on the decline, with November posting a 1.6% drop in prices compared to last year.
Tudor-Style North Saanich Estate In BC Hits Market For $2.4M
The beautiful home sits at 1345 Readings Drive in North Saanich, located on Vancouver Island in British Columbia.
Industry
Thind Facing Foreclosure On Burnaby Maywood Project Acquired This Year
The Madeira Manor site at 4330 Maywood Street (6677 Silver Avenue) in Burnaby was acquired by Thind Properties from Kirpal Group.
Economy
Where Every Big Bank Stands On Wednesday's Interest Rate Announcement
For the last interest rate announcement of 2024 — slated for Wednesday, December 11 — the question is (once again) not will the Bank of Canada lower the rate, but by how much.
Industry
Teresa Goldstein Talks National Housing Council And The “Fascinating Conversation” Of City Building
There’s a lot of pessimism surrounding housing in Canada, but Goldstein speaks on the topic with an undertone of hopefulness and positivity. “The fact that we are having these conversations, I think, is so exciting,” she says.
Meet The Agent
Meet The Agent: Ally Ballam, Engel & Völkers Vancouver
It's time to say "Hello" to Ally Ballam, Advisor, Engel & Völkers Vancouver, who focusses on Vancouver, North Vancouver, Tri-Cities, and the Fraser Valley.
Industry
Inside The Ongoing Battle Between Peterson & Create Properties Over Burnaby Lake Village
An ongoing dispute between Peterson Group and Create Properties resulted in the Burnaby Lake Village project being placed under creditor protection in November.
Real Estate News
"A Return To Stability": Royal LePage Releases 2025 Home Price Forecast
Pending potentially damaging evolutions in political leadership, global conflict, and trade agreements, Royal LePage is predicting a return to stability in Canada's housing market come 2025, with prices appreciating at a steady rate.
Listed Luxe
$5M Waterfront Penthouse With 360-Degree Sun Room Listed In Victoria
The penthouse sits atop 21 Dallas Road, right next to Fisherman's Wharf in Victoria.
Development Projects
CURV Developer Sues Presale Purchaser Over Unpaid Deposits On 4 Units
Brivia Group also recently cut the social housing units at CURV and received approval to continue presales into May 2025.
Community
Bob Rennie Cries Foul After New Vancouver Art Gallery Plans Scrapped
A chunk of Rennie's collection will go to the National Gallery of Canada instead of his hometown Vancouver.
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