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Luxmore News

Published brokerage updates and market posts.

News

Luxmore News

Published brokerage updates and market posts.

Vancouver Rents Keep Falling as B.C. Leads National Declines

Rentals.ca and B.C. government summaries point to continued rent declines, with Vancouver and nearby suburban markets showing softer asking rents.

May 12, 2026, 3:11 a.m.
Rentals.ca April 2026 rent report graphic

Commercial Real Estate Investors Are More Active, but Pickier

RE/MAX Canada says capital is returning to commercial real estate, with investors concentrating on premium office, neighbourhood retail, and income-stable industrial assets.

May 12, 2026, 2:04 a.m.
Commercial real estate investment market report image from Real Estate Magazine

Vancouver Ranked Near the Bottom for Home-Buying Conditions

MoneySense and Zoocasa ranked Vancouver 40th out of 44 Canadian markets, with high prices and large down payments still shaping buyer decisions.

May 11, 2026, 9:34 p.m.
Vancouver residential neighbourhood with high home prices

All Eight Surrey Langley SkyTrain Stations Are Now Under Construction

Station construction is underway across the 16-kilometre extension, with guideway foundations nearly 90 percent complete and service targeted for late 2029.

May 11, 2026, 8:30 p.m.
Surrey Langley SkyTrain station construction announcement

B.C. Minimum Wage Rise Still Trails Metro Vancouver Living Wage

B.C. minimum wage will rise to $18.25 on June 1, while Metro Vancouver living wage estimates sit at $27.85, keeping housing and daily cost pressure in view.

May 11, 2026, 8:30 p.m.
Minimum wage and living wage discussion in British Columbia

Oakridge Park Sets May 28 Opening for Mall and Rooftop Park

The 28-acre Vancouver redevelopment is preparing to open about 500,000 square feet of retail, a major food hall, rooftop public park space, and later civic and housing components.

May 11, 2026, 8:30 p.m.
Construction progress at Oakridge Park mall in Vancouver on May 11, 2026

Telus and Westbank Pivot Vancouver Sites Toward AI Data Centres

Telus plans two Vancouver AI data centre facilities with Westbank, turning office and mixed-use development plans into infrastructure tied to power, heat recovery, and long-term employment.

May 11, 2026, 7:31 p.m.
Concept rendering of the Telus AI data centre at 150 West Georgia Street in Vancouver

Initia Moves 1,000 Agents to eXp Realty Canada

Edmonton-founded Initia Real Estate is moving its 1,000-agent organization to eXp Realty Canada while keeping its brand, local leadership, and culture.

May 11, 2026, 1:01 p.m.
Real Estate Magazine image for Initia Real Estate moving to eXp Realty Canada

B.C. Health Officials Monitor Four Hantavirus Cruise Passengers in Victoria

CBC reports that four Canadians from B.C. and Yukon are isolating in Victoria after leaving a cruise ship linked to a rare hantavirus outbreak.

May 11, 2026, 10:55 a.m.
Dr. Bonnie Henry speaking at a news conference in Victoria

Multiplex Momentum Opens a New Door for Canadian Housing Investors

Real Estate Magazine argues that zoning reform, CMHC financing and market demand are making multiplexes a more accessible path for investors, builders and owner-occupiers.

May 11, 2026, 2:03 a.m.
Real Estate Magazine multiplex housing event banner

Homebuyers Want AI Help, But Not AI Guesswork

A Cotality survey found that buyers expect AI in real estate, but trust is falling and disclosure is becoming a client-service issue.

May 9, 2026, 8:00 a.m.
AI concept and a real estate agent working with clients

Vancouver Millennials Are Still Buying Homes, But Family Timing Has Changed

CBC reports that young adults are less likely to own homes than boomers were at the same age, while married millennials with children still show similar ownership rates.

May 9, 2026, 5:00 a.m.
Metro Vancouver housing and detached homes
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