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Real Estate

The best time to take out a 3-year mortgage was a year ago. Here's how times have changed

The best time to take out a 3-year mortgage was a year ago. Here's how times have changed

Today, shorter mortgages are better, and flexibility is the name of the game.
Property investors still see Vancouver as low-risk, high-reward market

Property investors still see Vancouver as low-risk, high-reward market

Rates are expected to remain stable entering Q3, according to Avison Young.
95-room hotel part of heritage project in downtown New Westminster

95-room hotel part of heritage project in downtown New Westminster

216 strata units, a hotel, a coffee bar and an auditorium are proposed in 30-storey tower on Columbia Theatre site.
Realtor fined $15K for lending client money in Richmond property sale

Realtor fined $15K for lending client money in Richmond property sale

Peter Cheung received three administrative penalties related to conflicts of interest.
15-storey social housing tower proposed for Commercial Drive parking lot

15-storey social housing tower proposed for Commercial Drive parking lot

Same location of scrapped Kettle Society-Boffo Properties proposal from 2018.
B.C. real estate brokerage fined $83K for anti-money laundering violations

B.C. real estate brokerage fined $83K for anti-money laundering violations

West Vancouver brokerage among 12 entities fined by Fintrac in 2023/2024 for non-compliance of anti-money laundering and terrorist financing policies.
Energy efficiency in new construction could slow down in Richmond

Energy efficiency in new construction could slow down in Richmond

The provincial timeline for 'step codes' is 2032, and some councillors think Richmond shouldn't speed ahead of this.
B.C. city wants housing plan disclosure order quashed

B.C. city wants housing plan disclosure order quashed

A freedom of information request sought information on a wide range of housing data covering November 2019 to July 15, 2021.
Liberal energy minister promises ban on oil furnaces for new builds as soon as 2028

Liberal energy minister promises ban on oil furnaces for new builds as soon as 2028

OTTAWA — Ottawa intends to ban the installation of oil furnaces in new construction as soon as 2028, Energy Minister Jonathan Wilkinson announced Tuesday.
CMHC says annual pace of housing starts in June down 9% from May

CMHC says annual pace of housing starts in June down 9% from May

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell nine per cent compared with May.