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Latest Stories

  • Properties

Landmark Sale of Robson Street Building

Hartleywood Holdings has sold Robson Centreplace, a major retail building on Vancouver's Robson Street housing top global brands.
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  • Development

20-Storey Tower Proposed in East Van

A proposed 20-storey residential tower at 310 E 14th Ave. in East Vancouver will offer 138 rental units including 20% below-market units.
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  • Policy

Vancouver Removes Parking Requirements

Vancouver eliminates minimum parking requirements city-wide to reduce housing costs, speed up development, and support transportation and climate goals.
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  • Development

6-Month Housing Target Progress Report

A six-month progress report shows how the BC government's first 10 priority communities are doing relative to their housing targets.
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  • Policy

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.
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  • Development

21-Storey Project Proposed in Coquitlam

Coquitlam City Council unanimously passed the third reading for a 21-storey senior-focused tower at 1015 Austin Avenue featuring 170 units.
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  • Properties

Wall Financial Is Selling 32-Storey Site

Wall Financial is selling its high-rise rental project site at 1065 Pacific Street in Vancouver despite recent rezoning approval.
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  • Policy

Vancouver May Scrap Parking Requirements

Vancouver plans to eliminate minimum parking requirements for new buildings to simplify development applications and promote alternative transportation.
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  • Policy

Vancouver Updates TOA Rezoning Policy

Vancouver will increase housing around SkyTrain stations, with higher building heights and densities, new commercial spaces, and stronger tenant protection.
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  • Development

Vancouver Raises 10-Year Housing Target

Vancouver aims to approve 83,000 new homes by 2033, focusing on approvals over completions for tracking progress while complying with provincial targets.
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  • Development

3 Towers Proposed Next To Emily Carr

Three towers with 548 rentals, office space, and retail are planned near Emily Carr University, creating a new Creative District hub.
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  • Development

ICBC HQ Set For Redevelopment

BC plans to redevelop ICBC's Lonsdale Quay HQ into affordable housing and mixed-use space, enhancing transit connectivity and North Vancouver's waterfront.
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  • Development

Vancouver Seeks Input For Civic District

The City of Vancouver seeks public feedback by July 14, on transforming an 8.65-acre area around City Hall into a mixed-use development called Civic District.
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  • Development

17-Storey Tower Proposed in Fairview

A new proposal located 1171 West 12th Ave will feature a 17-storey tower with 111 rental homes, including 22 below-market units, near future SkyTrain stations.
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  • Policy

Mass-Timber Building Height Increased

Vancouver greenlights 18-storey mass-timber buildings, boosting eco-friendly construction, job creation, and community vibrancy.
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  • Development

Rental Tower Proposed In Mount Pleasant

A proposed 17-storey tower at 45 East 16th Avenue in Vancouver will offer 145 rental homes, rooftop amenities, and 4,400 sq. ft. of commercial space.
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  • Properties

$145M Purchase In North Van Sets Record

HTEC purchases a 21-acre North Vancouver property for $145M to build a clean hydrogen plant, marking the area's largest industrial land transaction.
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  • Development

Broadway Plan Amendment Boosts Density

Major changes are proposed for the Broadway Plan to comply with new provincial transit-oriented development laws, increasing tower limits and building heights.
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  • Development

137 Units Proposed at Broadway & Fraser

Wall Financial plans an 17-storey mixed-use condo and social housing tower at East Broadway and Fraser Street, replacing Catoro Cafe and existing rental homes.
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  • Development

Nicola Wealth Proposes 2 Rental Towers

Nicola Wealth proposes twin rental towers with 446 units at 2111 Main Street, featuring below-market rentals, retail, and arts space.
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  • Stats

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.
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  • Policy

Vancouver Is Creating Its First ODP

Vancouver plans its first city-wide Official Development Plan by 2026, shaping long-term urban development based on the existing Vancouver Plan.
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  • Properties

4th Foreclosure for Vancouver Developer

Align Properties' continues on a troubling trend as their fourth Vancouver project faces foreclosure and gets listed for $22M due to unpaid debts of $6M.
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  • Policy

Delta Updates Zoning Bylaws

Delta's new zoning bylaws pass third reading to allow small-scale multi-unit housing on single-detached and duplex properties.
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  • Stats

Greater Vancouver Sales Drop 20%

Greater Vancouver's may stats show a 19.6% decline in home sales from the previous year while new listings continue to trend upward.
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  • Development

Vancouver’s Behind on Housing Targets

Vancouver struggles to meet housing targets due to delays, but anticipates improvement with policy changes and a robust application pipeline.
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  • Stats

Land Sales in Canada Cool Down

In 2023, the real estate market saw decreased sales volumes across residential, commercial, and industrial sectors due to economic uncertainties.
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  • Development

Luxury Dealerships Proposed in Kitsilano

New Rolls Royce and BMW dealership with office and industrial space proposed in Kitsilano, joining other luxury automotive dealers in the area.
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  • Policy

West Vancouver Rejects Rezoning Plan

West Vancouver council rejects provincial housing regulations for increased housing density, citing concerns over local autonomy and community character.
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  • Development

CapU Squamish Offers On-Campus Housing

Capilano University's new Squamish campus will offer guaranteed on-campus housing for all students starting September 2024.
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  • Properties

Modus Living Project Enters Receivership

The Modus project in Vancouver entered receivership at 43% completion due to financial issues, awaiting a court-appointed receiver's decision on next steps.
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  • Policy

Steveston Rezoning Needs More Time

Richmond seeks delay for Steveston rezoning due to infrastructure concerns and community consultation needs.
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  • Development

514 Rentals Proposed on Broadway

Former MEC site in Vancouver to become two towers with 514 rental apartments pending city council decision.
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  • Policy

Vancouver Buildings Must Report Emissions as of June 1

Vancouver mandates emissions reporting for large buildings, aiming for zero emissions by 2040, but it presents financial challenges for owners.
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  • Development

Onni Proposes 7-Tower Master-Plan in Coquitlam

Onni Group proposes a redevelopment plan for Coquitlam College campus, featuring 2,500 high-rise and townhouse units.
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  • Properties

BC Fund Pays $11.8M to Preserve Burnaby Apartments

BC’s Rental Protection Fund secures 56 affordable units in Burnaby's Casa Mia Apartments for $11.8M.
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  • Properties

Vancity CU is Selling 3 Prime Properties

Vancity lists properties for sale in Vancouver and Victoria, hoping to maintain branch presence via sale-leaseback model.
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  • Properties

German Firm Acquires Vancouver Office Towers for $300M

Deka Immobilien's $300M purchase of Vancouver offices signals renewed international investment in Canadian real estate.
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  • Development

Metro Vancouver to Add 670 Below-Market Rental Units

Metro Vancouver and the Province partner to deliver 670 affordable homes as part of the Homes for People action plan.
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  • Development

Brentwood Block Master-Plan Receives Final Approval

Burnaby's Brentwood Block gets final approval, adding nearly 3,500 units, including Western Canada's tallest rental tower.
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  • Development

Tower Proposed for Broadway Parking Lot

Reliance Properties proposes a 21-storey rental tower on a parking lot in Vancouver.
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  • Development

328 New Below-Market Homes Underway in Port Moody

Construction is underway for 328 rental homes in Port Moody to address housing shortages for families, seniors and Indigenous people.
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  • Development

Denna Homes Proposes 2 Towers in North Vancouver

Denna Homes proposes 31 and 29-storey towers in North Vancouver's Lynn Creek Town Centre.
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  • Development

Over 150 New Rental Homes Planned for Burnaby

Burnaby is adding over 150 affordable rental homes and upgrading existing housing complexes.
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  • Development

Vancouver Falling Short of Provincial Housing Targets

Vancouver struggles to meet provincial housing targets but aims to address challenges with new plans.
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  • Properties

9-Storey Rental Building in Vancouver Faces Foreclosure

The Sophia rental project in Vancouver faces foreclosure due to over $11 million of unpaid debt.
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  • Stats

Asking Rents in Canada Remain at Record Levels

Alberta and Saskatchewan lead the way as Canadian residential rents increase 9.3% year-over-year.
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  • Stats

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.
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  • Development

Rezoning Approved for Long-Vacant Vancouver Site

A new six-storey, 33-unit building will replace a decades-vacant lot at 12th and Clark.
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  • Development

Development Proposed for Richmond Night Market

A massive development proposed for the Richmond Night Market site includes a hotel and entertainment venues.
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  • Properties

Major Project in North Vancouver Listed as Foreclosure

Foreclosure proceedings initiated on North Shore development project due to substantial debt.
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  • Policy

BC Rejects Burnaby’s Petition Against TOD Legislation

Burnaby seeks exemptions from new transit-oriented development legislation.
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  • Development

21-Storey Tower Approved for Central Lonsdale

North Vancouver council approved a 21-storey tower despite resident concerns, emphasizing housing needs.
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  • Properties

Sale of Squamish Ski Resort Approved

Judge approves sale of Garibaldi At Squamish ski resort after resistance from the province.
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  • Stats

Greater Vancouver Inventory Reaches Summer 2020 Levels

Greater Vancouver's real estate sees high supply, strong demand, and shift towards a buyers' market.
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  • Development

Planning for Phase 2 of New St. Paul’s Hospital is Underway

The Clinical Support and Research Centre (CSRC) will foster innovation and support the functions of the new St. Paul's hospital.
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  • Properties

Historic Church in Vancouver Listed for $10M

West Point Grey Presbyterian Church, a historic property, is for sale as a potential multiplex development.
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  • Development

Mansion Neighbourhood Near UBC Will See Higher Density

New BC legislation allows increased housing density in University Endowment Lands near UBC.
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  • Development

Developers Move Forward With Non-Compliant Proposals

Despite policy non-compliance, Vancouver sees development projects advancing to address housing shortages and market changes.
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  • Development

34-Unit Duplex Project in West Vancouver Approved

Despite opposition from residents, council agrees on increasing density and meeting housing needs.
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  • Properties

BC Developer Has 9 Projects in Receivership and Foreclosure

Quarry Rock Developments owes creditors millions across multiple BC projects.
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  • Development

Condo Developers in Vancouver Struggle to Garner Demand

Vancouver developers face challenges in meeting sales targets within BC's tight 12-month deadline.
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  • Stats

Rents in Richmond Dropped in April

Despite rent decreases in some areas, overall rents in Metro Vancouver continue to rise.
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  • Development

Final Approval Granted for Phase 3 of Concord Brentwood

Concord Brentwood is Concord's most extensive community transformation since the development of Yaletown.
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  • Properties

11 Parcels of Land Added to Tsawwassen Jurisdiction

Tsawwassen First Nation expands jurisdiction by incorporating 11 parcels near Brunswick Point.
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  • Policy

New Program in Delta Encourages Secondary Suites

Delta launches initiative to add new secondary suites and bring illegal suites into compliance.
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  • Policy

New Delta OCP Passes Third Reading

Delta's council moves forward with a revised OCP promoting higher density in residential areas despite concerns raised by residents.
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  • Policy

BC Government Sets Housing Targets for 20 More Communities

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

Vancouver’s First Shaughnessy Area Will Allow More Density

First Shaughnessy, a protected neighbourhood with rich history, is set for redevelopment.
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  • Development

Robson Street Site Acquired to Develop Rental Towers

GWL Realty Advisors purchases 1555 Robson Street for mixed-use rental development in Vancouver.
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  • Development

City of Vancouver Is Revamping Its Permitting Process

New permitting process to expedite development permits, reducing costs and streamlining processes.
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  • Properties

Plans Scrapped for New Film Studio in Burnaby

Larco Investments pulled out of purchasing 18.5-acre industrial land in Burnaby, leaving options open for new use.
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  • Properties

New Rental Building in Vancouver Converted to Student Housing

GECC partners with a local developer to offer East Vancouver's largest student residence.
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  • Properties

Richmond Luxury Hotel Owes Lenders $80M

Hotel Versante listed for $98 million amid mortgage default and shareholder disputes.
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  • Development

15-Tower Master-Plan Proposed for Metrotown

Ivanhoé Cambridge is planning a major 30-year transformation of the Metrotown area.
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  • Development

Burnaby Annual Report Reveals Financing Challenges

Burnaby faces $175M shortfall in developer contributions, presenting challenges for future project funding.
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  • Development

New Affordable Housing Project in Downtown New West

Affordable housing project in New Westminster supports artists, fosters community, and addresses housing crisis.
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  • Development

Major Downtown New West Development is Moving Forward

The 7.2-acre redevelopment located at 8810th St. is moving forward, but with some changes to the original proposal.
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  • Development

Developer Proposes 9-Tower Master-Plan in Coquitlam

Stratford Wynd Master Plan in Coquitlam will include eight condo towers and one rental building, totaling 1,113 units.
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  • Infrastructure

New School Coming to Olympic Village

Vancouver's Olympic Village gets $150 million for a new school expected to complete by 2029.
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  • Stats

Greater Vancouver Home Sales Decline 5% in March

Greater Vancouver home sales declined, listings increased, and prices rose slightly in March.
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  • Development

Delta Council Approves 5-Lot Subdivision

Site located on the 11100-block of 80A Avenue in North Delta has received approval for a five-lot subdivision.
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  • Stats

Fraser Valley Real Estate Market Sees a Shift

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

TransLink Portion of Property Taxes to Increase in 2024

Metro Vancouver property owners will see an average increase of $37 on their next property tax bill.
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  • Development

New West Facelift Continues With 44-Storey Tower

The city's third tallest tower will feature 469 condos and a 145 room hotel.
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  • Properties

Vancouver High-Rise Site Listed as a Foreclosure

Valued at $41.65M, the site located at 1485 Davie Street has halted development and faces foreclosure.
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  • Stats

Average Price and New Listings Rise in Richmond

Apartments lead the way in Richmond with a 4.9% increase in average price.
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  • Development

Major Student Housing Project Begins Construction

Construction begins on BC's largest student housing project.
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  • Properties

Seth Rogen’s Yaletown Penthouse Listed for $2.3M

Vancouver penthouse owned by Seth Rogen blends historic charm with modern luxury.
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  • Properties

Whistler Condo Sells for a Record High of $9.3M

A 2,529-square-foot luxury condo located in Whistler's Four Seasons private residences sets a new record.
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  • Development

Nearly 900 High-Rise Homes Approved by Delta Council

Delta approves redevelopment of Delta Shoppers strip mall into high-density mixed-use project with 900 homes.
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  • Properties

Zara Billionaire Purchases Amazon Facility in Burnaby

Amancio Ortega's Pontegadea Inversiones acquires a Canadian warehouse, expanding his global logistics property portfolio.
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  • Properties

55-Storey Project Being Sold as Lender Seeks $83M

Assessed at $98M, the site located at 1045 Haro St. has entered receivership and will be for sale as of Feb 24.
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  • Properties

Judge Approves Starting Bid of $80M for Garibaldi at Squamish

BC judge approves sale of Garibaldi at Squamish ski resort assets amid financial turmoil.
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  • Properties

35,000 SqFt Adidas Store Opening in Downtown Vancouver

The former Victoria's Secret location in the iconic Robson Central building is set to be taken over by Adidas.
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  • Stats

Vancouver Rents Drop but Remain the Highest Nationally

Despite a drop in rent prices, Vancouver remains the most expensive city for tenants in Canada.
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  • Development

Vancouver’s “Missing Middle” Policy Sees Surge of Interest

Vancouver has received 19 applications for multiplex developments, potentially adding 84 units to residential areas.
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  • Properties

Chip Wilson’s Home Jumps in Value to $81M

Vancouver's real estate values continue to surge, with Chip Wilson's $81 million Kitsilano estate leading the pack among the province's priciest properties.
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Latest Stories

Properties

3rd Jul 2024

Landmark Sale of Robson Street Building

Hartleywood Holdings has sold Robson Centreplace, a major retail building...
Read More

Development

2nd Jul 2024

20-Storey Tower Proposed in East Van

A proposed 20-storey residential tower at 310 E 14th Ave....
Read More

Policy

2nd Jul 2024

Vancouver Removes Parking Requirements

Vancouver eliminates minimum parking requirements city-wide to reduce housing costs,...
Read More

Development

1st Jul 2024

6-Month Housing Target Progress Report

A six-month progress report shows how the BC government's first...
Read More

Stats

26th Jun 2024

27% of Canadian Renters Want to Buy

A new report shows 27% of Canadian renters plan to...
Read More

Policy

26th Jun 2024

BC Reveals Targets for 10 Municipalities

BC announced housing targets for 10 more municipalities, aiming to...
Read More

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