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Published brokerage updates and market posts.

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Luxmore News

Published brokerage updates and market posts.

Broadway Subway work brings months-long Cambie closure pressure

Broadway Subway construction is creating a months-long full closure at West Broadway and Cambie, while East Broadway near Main is set for partial reopening.

May 6, 2026, 10:16 a.m.
Broadway-City Hall Station construction site at Broadway and Cambie

Metro Vancouver gas spike raises pressure on retail prices

CityNews reported regular gas around $2.30 per litre in Metro Vancouver, with a retail analyst warning that fuel costs may flow through to store prices.

May 6, 2026, 6:49 a.m.
Metro Vancouver gas station price sign

Metro Vancouver’s mining hub role adds weight to local economy story

A report cited by NetNewsLedger says mining contributes more than $3.5 billion in annual economic output to Metro Vancouver and Vancouver Island.

May 6, 2026, 5:00 a.m.
Mining hub graphic with Vancouver skyline and mining equipment

Metro Vancouver Homebuyers Finding Sweet Spot in Townhomes, Rennie Report Says

A new Rennie Intelligence survey of 1,400 respondents found that over half of end-user buyers prefer townhomes, with the three-bedroom layout as the sweet spot. The report also warns of 3,650 completed-but-unsold condos by end of 2026, an affordability paradox for developers, and markets increasingly driven by equity-rich move-up buyers.

May 5, 2026, 5:00 p.m.
Townhomes under construction in Metro Vancouver

Fraser Valley Home Sales Rebound While Greater Vancouver Continues to Dip

April 2026 data shows the Fraser Valley recorded its first sales increase in over a year (+7% YoY), while Greater Vancouver sales fell 2.5% and sat nearly 23% below the 10-year seasonal average. Detached home sales in Vancouver jumped 14%, but condo and townhome sales declined.

May 5, 2026, 2:38 p.m.
Residential homes in Surrey, Fraser Valley

Fraser Valley Home Sales Rebound While Greater Vancouver Continues to Dip

April 2026 data shows the Fraser Valley recorded its first sales increase in over a year (+7% YoY), while Greater Vancouver sales fell 2.5% and sat nearly 23% below the 10-year seasonal average. Detached home sales in Vancouver jumped 14%, but condo and townhome sales declined.

May 5, 2026, 2:38 p.m.
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Fraser Valley Home Sales Rebound While Greater Vancouver Continues to Dip

April 2026 data shows the Fraser Valley recorded its first sales increase in over a year (+7% YoY), while Greater Vancouver sales fell 2.5% and sat nearly 23% below the 10-year seasonal average. Detached home sales in Vancouver jumped 14%, but condo and townhome sales declined.

May 5, 2026, 2:38 p.m.
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VIA Rail Canada: Up to 50% Off Cross-Country Train Journeys This Spring

VIA Rail is offering 10 to 50% discounts on its iconic routes including The Canadian (Vancouver to Toronto), plus the federal Canada Strong Pass gives free travel for youth under 17 and half-price fares for ages 18–24 from June 19 to Sept. 7, 2026.

May 5, 2026, 1:15 p.m.
VIA Rail train travelling through the Canadian Rockies

Burst Water Main Near Main Street Causes Flooded Streets in Vancouver

A primary underground water pipeline burst near the corner of 19th Avenue and Main Street shortly before 9 a.m. on May 5, flooding streets and prompting traffic closures. Clean-up operations are ongoing and police are advising the public to avoid the area.

May 5, 2026, 1:11 p.m.
Flooded streets near Main Street and 19th Avenue in Vancouver after water main burst

Surrey’s Free Waste Drop-Off Program Returns for Spring and Summer 2026

The City of Surrey is once again offering residents free waste drop-off at its Central and North Surrey recycling and waste centres, allowing each household to dispose of up to 100 kg of junk at no cost through September 30, 2026.

May 5, 2026, 11:00 a.m.
Surrey residents disposing of waste at a recycling centre

GTA Home Sales Rise 7% in April While Prices Keep Falling — What It Means for Vancouver Buyers

GTA home sales climbed 7% year-over-year in April as lower prices and borrowing costs drew buyers back, but the same catalysts have yet to lift B.C., where March sales fell 3.6% and Metro Vancouver prices dropped 3%.

May 5, 2026, 5:54 a.m.
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Luxmore Real Estate: April 2026 BC Housing Report — Market Divergence and Hidden Opportunities

Luxmore Real Estate's April 2026 BC housing report reveals a market at a turning point: detached home sales surge 14% YoY in Metro Vancouver while condo sales drop 10.7%, the Fraser Valley sees its first sales increase in over a year, and new BCFSA regulations reshape industry transparency.

May 5, 2026, 5:00 a.m.
Luxmore Real Estate April 2026 BC Housing Report header
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