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First Nations now own 12 casinos in the province, about one-third of the casinos and gambling centres in B.C. That includes casinos in Vancouver, Richmond, Surrey, Coquitlam, Chilliwack, Victoria and Nanaimo.
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.…
Metro Vancouver's board was decidedly split over whether to lower planned development cost charge increases in 2026 and 2027
"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…
Metro Vancouver's board was decidedly split over whether to lower planned development cost charge increases in 2026 and 2027
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…
Local governments defend higher spending as business council pushes stronger provincial oversight
A new report from the Business Council of B.C. shows municipal operating expenditures are increasingly outpacing inflation and population growth combined. "I would say local governments have been saying for over a decade that we are facing enormous cost pressu…
Developers remain confident despite return of space by some users
Winnipeg bucked a downward trend in industrial vacancies nationwide in the second quarter, but a host of new development proposals underscores confidence among developers. The city's industrial availability rate rose to 3.8 per cent in the quarter, according t…
FP Dealmakers: Even though the IPO market isn't as robust as in the U.S., more Canadian companies are going public
Initial public offerings have been one of the biggest themes in financial markets on both sides of the border so far this year, with Elon Musk's Space Exploration Technologies Corp. completing the largest IPO in history and drugmaker Apotex Health Corp. having…
Thousands of plots have been identified throughout the province, but the majority of land with high potential for housing is in Metro Vancouver
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…
The deal with S&S, a U.S.-based merchandise distributor, is for an entire 162,650-sq.-ft. warehouse space on the island
Grosvenor, the British real estate company that first arrived in Canada by acquiring Annacis Island in 1952, has secured its single-biggest lease, by floor space and dollar value. The deal with S&S, a U.S.-based merchandise distributor, is for an entire 162,65…
Eby said the focus of the program will be on areas outside Vancouver like the Fraser Valley, Vancouver Island, and the Okanagan.
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.…
Ottawa’s $5B package focuses on development costs, empty condos, health care and transit rather than broad tax relief for homebuyers
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,…
Foreign buyer ban weighing on high-end real estate, according to Realtors
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…
First time home buyers are exempted from paying GST on the purchase of new homes up to 1.5 million as long as:
Canada news: Finally the new GST exemption on purchases of new homes by first time home buyers received Royal Assent. First time home buyers are exempted from paying GST on the purchase of new homes up to 1.5 million as long as: 1. Contract of purchase and sal…
Opinion: As housing projects stall, families remain in overcrowded situations. Seniors can't downsize. Young workers leave markets they can't afford
Housing is the defining challenge of our time in B.C. It shapes whether people can stay in their communities and still afford the basic necessities of life, whether employers can attract workers, and whether our economy can grow. Yet the 2026 budget effectivel…
Home sales down 1.3% from January
Canada's housing market remained subdued in February, with national home sales slipping 1.3 per cent month over month, while non-seasonally adjusted transactions were down 1.8 per cent from a year ago, according to the latest data from the Canadian Real Estate…
VICTORIA — An organization representing about 1,200 appraisers in British Columbia says some of its members are adding clauses to their reports noting that current, past, and potential future land claims have not been considered in their valuations.
VICTORIA — An organization representing about 1,200 appraisers in British Columbia says some of its members are adding clauses to their reports noting that current, past, and potential future land claims have not been considered in their valuations. Alla…
Premier worries stalled condo towers could trigger a future supply crunch but Christine Boyle insists housing activity remains strong
Premier David Eby told the real estate community Tuesday he's very worried about slumping housing starts and stalled high-rise condo projects, as he seeks to avoid contributing to what could be a housing supply crunch in just a few years. "We're following the …
As Vancouver prepares to welcome hundreds of thousands of visitors during the FIFA World Cup, many local residents are exploring the possibility of renting out their homes through platforms like Airbnb.
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…
The changes says the B.C. Assessment Authority is “not required to consider any restriction” placed on the use of land by any entity other than the Crown or local governments.
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 …
A prominent Vancouver developer has been ordered to pay nearly $6 million under a profit-sharing agreement that it claimed was no longer in effect.
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…
The BC Real Estate Association (BCREA) issued a letter to BC REALTORS®
At a glance (1 minute read) The BC Real Estate Association (BCREA) issued a letter to BC REALTORS® about new agreements between the Musqueam Indian Band and the Government of Canada. The agreements recognize Musqueam's Aboriginal rights and expand its role…
OTTAWA — The pace of homebuilding in Canada continues to slow with no near-term signs of a turnaround, said Canada Mortgage and Housing Corp. on Monday.
OTTAWA — The pace of homebuilding in Canada continues to slow with no near-term signs of a turnaround, said Canada Mortgage and Housing Corp. on Monday. The national housing agency said the seasonally-adjusted annual pace of housing starts declined 15 pe…
City staff recommend that a council decision to approve adding the slot machines should be contingent on requiring actions to mitigate harms caused by problem gambling
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…
The Butterfly Tower in downtown Vancouver sticks out above the city, but there’s another sore spot emerging for some who invested in homes at the Nelson Street building, according to a local realtor.
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…
Vancouver City Council unanimously approved a major rezoning application for Langara Gardens
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 …
City uses design catalogue from CMHC for the first time on a project at 3122 Southeast Marine Dr.
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 …
Defaults in B.C. are rising but still historically low since the COVID-19 pandemic
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…
Renovation inflation, strata chargebacks and severe weather are disrupting property insurance
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…
The number of multi-unit developments on single-family lots is increasing in B.C. neighbourhoods dominated by single-detached houses. Opinions vary over what these changes will mean for communities.
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…
Property includes four-bedroom residence with mountain views
DEAL | A 29.4-acre blueberry farm at 34659 Townshipline Rd., Abbotsford, sold Nov. 26, 2025, for $3.7 million. The well-drained property includes a 2,880-square-foot residence with mountain views and 27.5 acres laser-levelled and planted to high-producing Duke…
A proposal to build a 39-storey rental tower on West Hastings Street and a 20-storey mixed-use hotel tower on West Cordova Street would add 738 rental homes to the area
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…
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Building List Count by City
- Abbotsford - 447
- Agassiz - 28
- Burnaby - 55
- Burnaby East - 77
- Burnaby North - 365
- Burnaby South - 343
- Campbell River - 1
- Chilliwack - 221
- Cloverdale - 193
- Comox Valley - 10
- Coquitlam - 563
- Delta - 10
- Duncan - 41
- Esquimalt - 59
- Gulf Islands - 6
- Harrison Hot Springs - 13
- Harrison Mills - 1
- Hope - 22
- Ladner - 109
- Langford - 156
- Langley - 529
- Maple Ridge - 312
- Mill Bay - 2
- Mission - 65
- New Westminster - 444
- North Delta - 28
- North Island - 2
- North Saanich - 8
- North Surrey - 409
- North Vancouver - 747
- Oak Bay - 44
- Osoyoos - 1
- Parksville / Qualicum - 7
- Penticton - 8
- Pitt Meadows - 75
- Port Alberni - 2
- Port Coquitlam - 266
- Port Moody - 267
- Richmond - 1162
- Saanich East - 232
- Saanich West - 92
- Sardis - 153
- Sidney - 152
- Sooke - 39
- South Surrey White Rock - 713
- Surrey - 662
- Tsawwassen - 97
- Vancouver East - 998
- Vancouver West - 2482
- Victoria - 665
- View Royal - 46
- West Vancouver - 230
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