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Published brokerage updates and market posts.

News

Luxmore News

Published brokerage updates and market posts.

A $12.8M unfinished West Vancouver home raises an awkward question

An unfinished West Vancouver property asking $12.8 million puts luxury-market risk pricing in focus.

May 13, 2026, 8:59 a.m.
A $12.8M unfinished West Vancouver home raises an awkward question

Why did Port Coquitlam pause an affordable rental project?

A proposed affordable rental building is on hold after council raised concerns about parking and lease terms.

May 13, 2026, 8:59 a.m.
Why did Port Coquitlam pause an affordable rental project?

Which two B.C. cities now feel hardest to live in comfortably?

Coquitlam and North Vancouver rank among Canada's highest-income cities for a comfortable life.

May 13, 2026, 8:59 a.m.
Which two B.C. cities now feel hardest to live in comfortably?

Vancouver Developer Westbank Faces Financial Crisis and Layoffs

Westbank, one of Vancouver's largest developers, has reportedly laid off nearly half of its staff amid financial difficulties, according to court documents from a former executive's lawsuit. The company is also facing multiple lawsuits and asset sales.

May 12, 2026, 9:18 p.m.
cover_image

Four Cruise Passengers Quarantine in B.C. After Hantavirus Outbreak

Four low-risk, symptom-free passengers from the MV Hondius are quarantining in B.C. after a hantavirus outbreak that killed three passengers and infected seven others.

May 12, 2026, 8:17 a.m.
The MV Hondius cruise ship departing the port in Praia, Cape Verde

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
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