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B.C. billionaire's real estate firms allege 'pattern of misconduct' by CRA in tax row
Five companies within Hui's real estate development group are targeted in the audit by the CRA, including Adex Securities, One West Holdings, a B.C. numbered company and two Luxembourg-based shell companies. The companies filed an application in Federal Court …
B.C.'s Eby says proposed Indigenous land transfer legislation is about saving money
Kim Haakstad, president of the Council of Forest Industries, said it was unfair for government to ask businesses to absorb the costs. "But particularly right now, this is one more way that the government is making it hard for forest products manufacturing comp…
Here are the cheapest neighbourhoods to rent in Metro Vancouver this October
Rent costs haven't surged upwards this October, but the region remains Canada's priciest market. The average cost to rent a newly listed, unfurnished one-bedroom in Metro Vancouver is $2,083 in October, down just $2 from $2,085 in September, according to the l…
Vancouver opens the door to convertible balconies
Having a balcony is nice for people who want to enjoy some fresh air without leaving home. But what about balconies that could be closed off to shield residents from Vancouver’s rain and wind, and reduce the noise from the streets below? A number of companies …
B.C. home sales fall nine per cent in September amid interest rate speculation
The British Columbia Real Estate Association says in a release that just over 5, 250 homes were sold last month, down about 9 per cent from the same month in 2025. Home sales were about 26 per cent lower than the 10-year average for B.C. for the month of Septe…
Fraser Valley listings rise as homebuyers remain cautious
After a quieter summer, more homes came onto the Fraser Valley market in September, but buyers remain cautious despite declining prices. There were 2,818 new listings in the region in September, an 18.8 per cent increase from August, according to the Fraser Va…
'Big trouble': Vancouver's increasing real estate foreclosures indicate a disturbing economy
Every Monday and Thursday morning, lawyers representing mortgage lenders, such as banks, bring foreclosure proceedings to B.C. Supreme Court in downtown Vancouver, aiming to force the sale of properties whose owners have stopped making their monthly payments. …
Big business: First Nations are taking a multi-million dollar stake in B.C. casinos
B.C. was expanding gambling and changing the rules, and First Nations were taking a hard look at establishing casinos, including on their own reserve lands, sometimes against the wishes of nearby municipalities and in conflict with the province.…
Trophy properties build on longevity, location in 2026
"Sell in May and go away," is a common adage in the stock markets, but where do those investors go? Quite often it's the cottage or camp, the perfect environment for dreaming up the next big deal – or the property they're going to buy with the proceeds o…
$389M Metro Vancouver developer subsidy ‘strikes a balance,’ says chair
Metro Vancouver Regional District board chair Mike Hurley says a $389 million reduction in planned new building fees "strikes a balance" between lobbying from development companies to lower them further and "ensuring growth contributes fairly to the infrastruc…
New map of B.C.'s publicly owned land is designed to boost housing development
Researchers at UBC have developed a map that shows where publicly owned land is located in B.C. and how suitable each plot is for affordable housing. The B.C. public lands map has over 50,000 publicly owned parcels, which Craig Jones, associate director of the…
Premier says condo-buy program will offer tenants a rent-to-own opportunity
After days of questions, Premier David Eby and Prime Minister Mark Carney provided more details Thursday on a new program to buy up empty condos and use them as affordable housing. But some experts say it is still unclear how the program will work.…
Rob Shaw: Carney's B.C. housing aid lacks the Ontario sizzle
British Columbia has finally got its long-awaited housing deal from Ottawa , but it's not quite as lucrative or popular as the package given to Ontario. Prime Minister Mark Carney showed up to Vancouver on Thursday with a very different deal for this province,…
Luxury market ‘decentralizing’ in Canada and Metro Vancouver, say experts
Market activity for luxury homes is shifting away from Canada's urban centres toward other provinces, a trend also being reflected locally as some Realtors see opportunity in the Fraser Valley and other secondary markets. Smaller and mid-sized markets are expe…
Thinking of renting your home out during the World Cup? Here's what you should know
For longtime Vancouver Airbnb host Anne Talbot-Kelly, the 2026 FIFA World Cup brings an opportunity to generate extra revenue through something she would be doing anyways. Talbot-Kelly has rented out a spare bedroom in her westside home since 2010. It's alread…
Les Leyne: MLA says assessment change aims to stop value drop after Aboriginal title decision
An Opposition critic suspects the NDP government is preparing for a potential drop in property values in areas where Aboriginal title claims create uncertainty. A short amendment to assessment law that could have the effect of protecting property tax revenues …
Vancouver developer ordered to pay nearly $6 million to company in receivership
Boffo Investment Corp. and Boffo Developments (Smithe) Ltd.—subsidiaries of the Boffo Group of Companies—argued that the company that was the beneficiary of the profit-sharing agreement had repudiated it through the disreputable conduct of its prin…
Vancouver's Parq casino seeking to expand number of slot machines from 600 to 900
Parq Holdings, which operates a Vancouver casino in a hotel and conference centre next to B.C. Place Stadium, is seeking to increase the number of its slot machines by 50 per cent, from 600 to 900. In early February, city council referred Parq's request to a p…
Buyers 'left yearning' and losing millions at the Vancouver Butterfly tower
Daily Hive Urbanized received word from a Vancouver realtor who had some info relating to major losses some buyers have experienced at The Butterfly, which became Vancouver's third-tallest building in 2023. Realtor John Pinton shared a blog post he published a…
Langara Gardens: 2,600 new homes approved by Vancouver City Council for Cambie Corridor site
During a public hearing on Thursday evening, Vancouver City Council unanimously approved a major rezoning application for Langara Gardens , clearing the path for a multi-phase, mixed-use redevelopment that will add roughly 2,600 new homes and new and improved …
Is 24 bedrooms of social housing at $8.5M good bang for City of Vancouver’s buck?
The City of Vancouver has plans to build 24 bedrooms of social housing on a small, sloped lot on Southeast Marine Drive for $8.5 million and use a design for the first time from a catalogue created by Canada Mortgage and Housing Corporation (CMHC). The unique …
2026 mortgage renewals in B.C. should be manageable, say experts
Many British Columbians obtained five-year mortgages in 2021 to take advantage of historically low rates during the COVID-19 pandemic, and they are now facing higher monthly payments upon renewal. The current five-year fixed rate is 3.84 per cent compared to 1…
Vancouver home insurance premiums rose nearly 10% in 2025, says report
Vancouver homes are getting older, more costly to repair and more expensive to insure, according to a new report. Home insurance premiums in Vancouver rose 9.94 per cent in 2025, according to My Choice Financial Inc. A Feb. 3 report by the Toronto-based insura…
'Monstrosities' or the evolution of housing? Multi-unit buildings on single-family lots gain traction in B.C. cities
Byron Cook has lived in the same house in North Burnaby for more than four decades. He loves his neighbourhood and knows it like the back of his hand. Lately, he's dismayed at the new buildings going up. He calls them "monstrosities," a wave of three- and four…
A dramatic remake is being pitched for the former Vancouver Army & Navy site
Five years after Vancouver's Army & Navy department store closed its doors, city planners are backing a dramatic remake of the crumbling, historic Gastown site with two highrise towers — even as they admit the plan doesn't conform with the city's own dev…
Two rental housing towers, hotel proposed for former Army & Navy store site
The former Army & Navy department store in the Downtown Eastside that was shuttered in March 2020 could be the site of two new large rental housing towers and a hotel, if city council approves the proposal. Council has to first refer the proposal to public hea…
Vancouver's resale market could soften further as price expectations diverge
Vancouver's resale housing market is being challenged by persistent unaffordability, economic uncertainty, cooling sales activity and diverging price expectations. That's according to an analysis released Thursday by the Conference Board of Canada, which said …
Vancouver has 29 hotel projects totalling 5,800 rooms in development pipeline
Vancouver currently has 29 hotel projects totalling 5,800 rooms in the development pipeline. The new data is included in a staff report that goes before council at a Jan. 15 public hearing being held to consider a 33-storey hotel at Granville and Davie streets…
Iconic Driediger Farms property in Langley sells for over $23 million
One of the Fraser Valley's most well-known fruit farm operations has sold for $23.3 million. But rest assured, it's not about to be turned into a massive subdivision, say the owner and realtors who secured the sale. Driediger Farms on 240th Street in Langley w…
Michael Geller: How B.C. real estate is shaping up for the year ahead
During the past year, I was often asked what I thought would happen to Vancouver's housing market. My response was simple. There is no Vancouver housing market. There is a downtown highrise market which differs from the Fraser Valley townhouse market. Similarl…
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Building List Count by City
- Abbotsford - 449
- Agassiz - 28
- Burnaby - 54
- Burnaby East - 79
- Burnaby North - 368
- Burnaby South - 348
- Campbell River - 1
- Chilliwack - 222
- Cloverdale - 194
- Comox Valley - 10
- Coquitlam - 570
- Delta - 10
- Duncan - 42
- Esquimalt - 59
- Gulf Islands - 6
- Harrison Hot Springs - 13
- Harrison Mills - 1
- Hope - 22
- Ladner - 110
- Langford - 156
- Langley - 545
- Maple Ridge - 312
- Mill Bay - 2
- Mission - 65
- New Westminster - 444
- North Delta - 29
- North Island - 2
- North Saanich - 8
- North Surrey - 413
- North Vancouver - 748
- Oak Bay - 44
- Osoyoos - 1
- Parksville / Qualicum - 7
- Penticton - 8
- Pitt Meadows - 75
- Port Alberni - 2
- Port Coquitlam - 268
- Port Moody - 269
- Richmond - 1162
- Saanich East - 232
- Saanich West - 92
- Sardis - 155
- Sidney - 152
- Sooke - 39
- South Surrey White Rock - 719
- Surrey - 669
- Tsawwassen - 98
- Vancouver East - 1005
- Vancouver West - 2495
- Victoria - 666
- View Royal - 46
- West Vancouver - 231
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