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Real Estate

B.C. owners and renters have highest housing expense in Canada, survey finds

B.C. owners and renters have highest housing expense in Canada, survey finds

Not a single B.C. city made it on the 'lowest shelter costs' list.
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B.C. creates $500 million fund to buy old rental buildings and protect tenants

B.C. creates $500 million fund to buy old rental buildings and protect tenants

BURNABY, B.C. — The British Columbia government says it will save rental homes and protect tenants from "housing speculators and profiteers" with the creation of a half-a-billion-dollar Rental Protection Fund.
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Banking regulator launches consultations on mortgage rules, proposes additions

Banking regulator launches consultations on mortgage rules, proposes additions

Canada's banking regulator is launching public consultations on existing and newly proposed mortgage lending rules as it says loan risks have increased considerably since the start of the COVID-19 pandemic.
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As B.C. homeowner grant approaches $1B, critics call for its end

As B.C. homeowner grant approaches $1B, critics call for its end

BC NDP housing minister Ravi Kahlon has defended giving nearly one billion dollars of property tax revenue back to B.C. homeowners annually. Critics, meanwhile, are questioning the homeowner grant's necessity.
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Sale of troubled Atmosphere project in Richmond put on hold

Sale of troubled Atmosphere project in Richmond put on hold

New building permit required to secure best value for the assets
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Canada will see weakest level of homes sales since 2001 this year: TD report

Canada will see weakest level of homes sales since 2001 this year: TD report

TORONTO — A new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.
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The big case for tiny shelters in B.C.

The big case for tiny shelters in B.C.

More communities are investing in tiny shelters as the province looks to create temporary solutions for people experiencing homelessness.
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Indigenous group seeks control of $300M housing fund

Indigenous group seeks control of $300M housing fund

Funds are part of a new federal $4.3 billion Indigenous Housing strategy to support improvements to First Nation and Metis housing
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Homebuyers hope 'patience pays off' as prices drop, recession predictions loom

Homebuyers hope 'patience pays off' as prices drop, recession predictions loom

TORONTO — Andrew Hamilton and his wife bid farewell to their home in Toronto's Junction neighbourhood roughly a year and a half ago, when housing prices were soaring, but finding a new abode proved tricky.
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Q&A: How Ravi Kahlon plans on tackling B.C.'s housing crisis

Q&A: How Ravi Kahlon plans on tackling B.C.'s housing crisis

"We're seeing the vacancy rates at a historic low, and we're not building at the rate of population growth. You want to talk about perfect storm; that's essentially what we have here."
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