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Sluggish housing starts point to big challenges for B.C.

Sluggish housing starts point to big challenges for B.C.

With starts per capita at their lowest level in a decade, industry looks for more reform
Fewer young Canadians own homes but majority planning to buy within five years: poll

Fewer young Canadians own homes but majority planning to buy within five years: poll

TORONTO — A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next five years.
Poilievre promises to abolish federal sales tax on new homes under $1 million

Poilievre promises to abolish federal sales tax on new homes under $1 million

OTTAWA — A Conservative government would scrap the federal sales tax on new homes sold for less than $1 million and push provinces to do the same, Pierre Poilievre said Monday.
Concord Pacific's new Burnaby EV parking facility is among world's largest

Concord Pacific's new Burnaby EV parking facility is among world's largest

Nearly 2,000 parking spaces have been designated for residential use with 24/7 access to EV charging.
New home prices in Vancouver down 0.2% in September, says StatCan

New home prices in Vancouver down 0.2% in September, says StatCan

Prices of new residential homes in Vancouver unchanged from a year ago
Buyer’s market emerges in Vancouver luxury real estate, says top brokerage

Buyer’s market emerges in Vancouver luxury real estate, says top brokerage

Sales over $4 million fell 13% this past summer, according to Sotheby’s.
Vancouver office market at ‘turning point’ as investment recovers

Vancouver office market at ‘turning point’ as investment recovers

Leasing activity also expected to pick up following anticipated rate cuts
Victoria condo owners seek compensation for property-value drop due to new rental rules

Victoria condo owners seek compensation for property-value drop due to new rental rules

The owners of 22 strata units argue legislation limiting the strata units’ use amounts to expropriation
Vancouver industrial vacancy rate surpasses 3% for first time since 2015

Vancouver industrial vacancy rate surpasses 3% for first time since 2015

Metro Vancouver industrial vacancy rate still among lowest in Canada, says Avison Young
Kamloops prepares for housing boom as old government building comes down

Kamloops prepares for housing boom as old government building comes down

Hundreds of homes to be built in two-phase project starting in 2025
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