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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…
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…
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…
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…
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…
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…
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…
Iconic discount department store in Downtown Eastside closed in March 2020 at height of COVID-19 pandemic
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…
Construction sector to remain busy even as new-home delivery slows, says Conference Board
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 …
Proposal for 33-storey, 464-room hotel at Granville and Davie streets goes to public hearing Jan. 15
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…
The property on 240th Street in the heart of Langley's ALR is one of three sold by owner-operator Rhonda Driediger in 2025
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…
Comment: Housing market needs some jolts of innovation to end current malaise
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…
They're in the midst of taking over the casino licence at Hastings and the Whitecaps are looking at building a stadium there as part of an entertainment complex
Tsleil-Waututh Nation chief Justin Sky George is neatly navigating around questions about buying into the Vancouver Whitecaps. The Tsleil-Waututh Nation are in the midst of taking over the Hastings Park casino licence — "it's with legal, and we are acqui…
New plan from MST Nations and Aquilini Development would see tallest tower heights rise from 28 storeys to 46 storeys
A real estate advisory team has listed the historic Hudson's Bay downtown Vancouver store for sale. Toronto and Vancouver-based commercial real estate firm CBRE Ltd. and California's Marcus & Millichap were appointed to lead the sale of 674 Granville St., on b…
The heritage building is for sale, though a price hasn't been released yet
The number of court-ordered sales in Metro Vancouver is jumping, and may continue to grow as a mortgage renewal wave hits Canada five years after the pandemic-era real estate frenzy. Court-ordered inventory, while less than one per cent of the market, totalled…
The heritage building is for sale, though a price hasn't been released yet
For anyone asking, "What's going on the with Bay Building in downtown Vancouver?" there's now an answer. It's being sold. On Wednesday, Coldwell Banker Richard Ellis and Marcus & Millichap announced the two firms were appointed as the advisory team behind the …
Challenging times create opportunities for smaller offices
Ontario-based Lennard Commercial Realty has opened up shop in Vancouver, the first office outside of Ontario for a firm that describes itself as one of the fastest growing commercial real estate brokerages in Canada. All offices are broker-owned, with the Vanc…
VANCOUVER — Vancouver-area home sales remained subdued despite "plentiful" inventory in November, as prices also declined last month. Greater Vancouver Realtors said there were 1,846 home sales in the region last month, down 15.
VANCOUVER — Vancouver-area home sales remained subdued despite "plentiful" inventory in November, as prices also declined last month. Greater Vancouver Realtors said there were 1,846 home sales in the region last month, down 15.4 per cent from November 2…
Located in Shaughnessy, Greencroft was designed by architect Thomas Hooper and built in 1912.
It's not every day an opportunity comes along to live in the former home of the highest-ranking officer of the province and a representative of royalty. But the four-storey Tudor and Gothic-revival estate of lieutenant-governor Eric Hamber, who purchased the S…
Secured and unsecured creditors owed a total of $38.9 million
Despite the much-publicized "Condo Day" flash sale held earlier this year, the Belvedere project in Surrey by Square Nine Developments Inc. is now under creditor protection, according to B.C. Supreme Court filings obtained by Western Investor. Located at 9675 …
The developer of a lakefront condo project in Kelowna is offering 20 per cent discounts on all remaining homes during a one-day-only sale later this month
just one of numerous examples of incentives being offered in a soft market to reel in prospective buyers. "One Day. One Chance. One Address," reads a banner in the Mission Group's online marketing materials for Alma on Abbott, a six-storey, 80-unit building ov…
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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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