Stats
3rd July 2024

Fraser Valley Sales Dip Despite Rate Cut

Fraser Valley home sales dropped 13% in June despite a rate cut, while inventory rose 41% and prices remained relatively flat.

Properties
3rd July 2024

2-Tower Surrey Site Listed For Sale

Northwest Development has chosen Colliers to sell its two-tower, 1,019-unit project in Surrey Central, despite conditional city approval.

Infrastructure
3rd July 2024

BC Acquires Surrey Site for SkyTrain OMC

The BC government has acquired a 37-acre Surrey site to build a $1B SkyTrain operations and maintenance centre to support the Surrey-Langley extension.

Development
2nd July 2024

2 Towers Proposed Near Surrey City Hall

West Fraser Developments proposes two high-rise towers at 13265 104 Street, replacing the Elizabeth Manor building with 561 units.

Policy
27th June 2024

Surrey Must Build 27,256 Homes by 2029

The BC government mandates Surrey to build 27,256 homes by 2029, part of a plan targeting 10 cities with a total of 55,478 homes over five years.

Policy
26th June 2024

BC Reveals Targets for 10 Municipalities

BC announced housing targets for 10 more municipalities, aiming to build 55,478 homes by 2029, part of a plan to boost housing supply across 20 municipalities.

Properties
23rd June 2024

First Nations Aim to Reclaim Surrey Land

Three First Nations have come together to urge the Canadian government to transfer a 300-acre property in Surrey to their control.

Properties
18th June 2024

104 Avenue Centre Listed For $63M

Colliers lists Surrey's 104 Avenue Centre as a court-ordered sale, as the 26-year vacant building remains a prime yet underutilized commercial opportunity.

Development
16th June 2024

36-Storey Tower Proposed Near Gateway

Genaris Properties proposes a 36-storey tower and a six-storey building near Gateway Station in Surrey, aiming to create 481 strata units.

Development
13th June 2024

ML Emporio Plans Another Tower In Surrey

ML Emporio continues its focus on Surrey with a proposed 44-storey tower near SFU Surrey, featuring 424 units, office/retail space, and extensive amenities.

Stats
11th June 2024

Vancouver’s Office Market Stands Strong

Metro Vancouver's office market thrives with low vacancy rates and high rents compared to the rest of Canada and major North American markets.

Infrastructure
5th June 2024

Feedback Wanted for Surrey-Langley Skytrain

Public engagement is underway for the Surrey Langley SkyTrain project, inviting feedback on station designs for the transit extension.

Development
5th June 2024

UBC Expands Surrey Campus Site

In addition to a three-acre property acquired for $70 million in 2021, UBC Properties Trust purchased an adjacent 2.1-acre property in 2022 for $40.5 million.

Infrastructure
27th May 2024

SixFive Submits Proposal for Stadium in Surrey

A proposed 12,000-seat stadium in Surrey could serve as a training ground for the 2026 FIFA World Cup.

Stats
11th May 2024

4/5 of the Most Expensive Cities to Rent Located in Metro Vancouver

Metro Vancouver rents rose slightly in May, with demand for one-bedroom and partial housing units increasing.

Infrastructure
10th May 2024

Surrey Council Approves Widening of 80 Avenue

Surrey council approves $10.5 million contract to widen 80 Avenue, easing congestion in Newton.

Development
8th May 2024

Wesgroup Proposes 3 Towers for Surrey Central

Wesgroup's Civic District project in Surrey proposes over 2,000 homes in three towers.

Development
8th May 2024

41-Storey Rental Tower in Surrey Passes Third Reading

Appelt Properties plans a 41-storey tower in Surrey for market rentals and medical offices.

Stats
3rd May 2024

Buyers Show Caution in Fraser Valley Market

Fraser Valley's inventory surges while demand lags, pushing the market in favour of buyers.

Properties
29th April 2024

BC Developer Has 9 Projects in Receivership and Foreclosure

Quarry Rock Developments owes creditors millions across multiple BC projects.

Policy
25th April 2024

Surrey Council Approves 6% Property Tax Increase

City of Surrey raises property taxes again after a 12.5% property increase the previous year.

Infrastructure
25th April 2024

Newton Community Centre Location Changed

The state-of-the-art facility will be the largest community centre in Surrey at approximately 190,000 square feet.

Policy
25th April 2024

BC Government Sets Housing Targets for 20 More Communities

20 new high-growth areas including Surrey, Kelowna, and Nanaimo join BC's priority list.

Infrastructure
19th April 2024

$7.5M Road Upgrades in Preparation for New Surrey School

Surrey's 148 St. corridor sees a major upgrade ahead of the opening of a new elementary school.

Development
15th April 2024

Surrey Development Fees Cut by 50% Near Rapid Transit

Surrey offers rebates on development fees to boost housing near transit.

Infrastructure
12th April 2024

Contractors Selected to Build Surrey-Langley SkyTrain Extension

Surrey-Langley SkyTrain advances with South Fraser Station Partners selected for station construction.

Properties
8th April 2024

Volken’s Store in Newton Purchased by a Local Developer

Terra Group acquires Volken's store in Newton, Surrey.

Stats
2nd April 2024

Fraser Valley Real Estate Market Sees a Shift

Fraser Valley's March real estate market saw slower sales, increased inventory, and rising prices.

Policy
25th March 2024

Nearly 2,000 New Homes Planned for Renters in BC

BC Province and local partners team up to deliver nearly 2,000 affordable homes in Metro Vancouver.

Development
14th March 2024

New Acute Care Tower Planned for Surrey

Surrey Memorial Hospital plans a major expansion to accommodate the growing population.

Infrastructure
13th March 2024

Surrey Council Approves 72 Avenue Extension

The city has approved a five-kilometer extension of 72 Avenue, aiming to improve connectivity and alleviate traffic congestion.

Development
12th March 2024

500-Bed Student Housing Planned For Surrey Central

Surrey's Health and Technology District will welcome a new tower housing students and faculty.

Development
11th March 2024

Over 3,200 New Homes Planned for Newton

36-acre trailer park in Surrey will undergo redevelopment into a low-rise apartment neighbourhood.

Development
29th February 2024

7 Towers Proposed at Future Langley SkyTrain Station

Plans for 2,600 residences in seven high-rise towers in Langley show the potential of transit-oriented development.

Policy
27th February 2024

Surrey Increases Development Charges by 4.3%

Council votes to increase development charges to cover parkland acquisition, roads, sewer, and water infrastructure.

Infrastructure
19th February 2024

Surrey Mayor Announces Plan for 12,000 Seat Stadium

Brenda Locke unveils plans for entertainment districts, a stadium, and economic growth initiatives.

Development
9th February 2024

Nearly 1,000 Homes Proposed in Surrey Central

Transformative high-rise residential project will offer diverse housing options in Surrey City Centre's transit hub.

Properties
31st January 2024

Strawberry Hill Shopping Centre Has Sold for $155M

The $155M sale of Strawberry Hill Shopping Centre highlights mixed-use potential amidst Surrey's densification plans.

Development
15th January 2024

Surrey’s Anniedale-Tynehead Area Is Set for a Makeover

Surrey's Anniedale-Tynehead set for a transformation, with multi-family and industrial development planned.

Policy
11th January 2024

Surrey Receives $96M in Federal Funding

The City of Surrey plans to use the $96 million to expedite construction of over 16,500 homes.

Infrastructure
5th January 2024

King George Corridor Chosen for Bus Rapid Transit

Surrey's King George Boulevard selected for Metro Vancouver's Bus Rapid Transit route, enhanced transit options and supporting growth.

Surrey Real Estate News

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