News
Published brokerage updates and market posts.
News
Published brokerage updates and market posts.
Canada's housing market shows a slight increase in sales for April 2026, but experts caution against over-optimism as the overall market remains weak. CREA reports a 0.7% month-over-month rise, marking the first increase of the year.
City staff are moving to reduce zoning friction as high costs and softer rents make rental projects harder to finance.
The Butnuni Lake Resort in Central Cariboo is now on the market for $1.1 million, offering a unique alternative for those seeking more space outside of Vancouver. This property could serve as a resort or a personal retreat.
Richmond, BC, is proposing five affordable housing projects on city-owned land, contingent on receiving federal funding from the Build Canada Homes program. If successful, these projects could provide 470 new affordable rental homes.
The Victoria Day weekend is expected to see heavy travel both in and out of British Columbia, with Vancouver International Airport anticipating around 330,000 visitors. Travelers are advised to plan ahead due to increased demand.
Metro Vancouver residents may witness the northern lights this weekend, particularly on Saturday, May 16, 2026, if the weather permits. A geomagnetic storm watch has been issued, indicating a chance for spectacular auroral displays.
Helen Chan Sun, a prominent Vancouver developer, has been sentenced to 40 days in jail for contempt of court after failing to disclose her financial situation to a creditor. This case highlights the ongoing struggles within the Vancouver real estate market.
After a period of stagnation, the Canadian real estate market is showing signs of recovery this spring, supported by significant increases in new housing starts and a surge in seller activity. These trends indicate a potential turning point for the Greater Vancouver area.
After seven months of declines, Canada's rental market is signaling a turnaround, with national asking rents rising for the first time since September 2025. However, the recovery is uneven across provinces, with Ontario facing the steepest losses.
A recent report shows that British Columbia has the largest decrease in average rent prices in Canada, with significant declines in major cities like Vancouver. The Minister of Housing emphasizes the importance of these trends for renters across the province.
After years of construction, Vancouver's highly anticipated Oakridge Park mall will officially open to the public on May 28, 2026, featuring a mix of retail, dining, and recreational spaces.
The Greater Vancouver REALTORS® (GVR) endorses new recommendations aimed at reforming short-term rental legislation to better support local economies and housing needs. These changes focus on providing exemptions for tourism, healthcare, and the film industry.
