News
Published brokerage updates and market posts.
Prime Minister Mark Carney told the Greater Vancouver Board of Trade on May 21, 2026 that the federal government is in early discussions with the B.C. government about cutting housing development fees — potentially mirroring an Ontario deal that slashed fees by up to 50% and reduced per-unit project costs by as much as $200,000. For anyone watching Vancouver's stalled pre-sale market, this is a policy signal worth tracking closely.

In a significant legal battle, pre-sale purchasers of Burnaby's Eclipse condo tower are seeking to invalidate their contracts due to undisclosed financial troubles of the developer, Thind Properties. This case highlights the challenges facing buyers in a struggling real estate market.

A recent ruling by the BC Supreme Court has sparked intense debate over the stability of private property rights in British Columbia, raising questions about the implications for real estate and investment. This landmark case may redefine the legal landscape for property ownership in the province.

TransLink, TTC, and STM are pressing Ottawa to restore and speed up public transit funding as construction costs rise.

After nearly a decade of development, the Oakridge Park shopping mall in Vancouver is set to open its doors, featuring luxury brands amidst economic challenges. Analysts question whether the market can sustain such high-end retail in the current climate.

A recent off-market sale in Whistler, B.C., exemplifies the power of market knowledge, as agent John Ryan successfully closed a $20.5 million deal before the property was officially listed.

Job action at regional wastewater facilities brings infrastructure costs, utility charges, and municipal budgets into client conversations.

Prime Minister Mark Carney recently addressed the Greater Vancouver Board of Trade, discussing potential cuts to housing development fees as part of a broader economic strategy for British Columbia. His remarks highlight the urgent need for increased housing supply to address affordability issues in the region.

Ontario's housing market is facing a crisis with zero new condo launches in Q1 2025 and a significant drop in housing starts. Experts suggest policy changes like permanent HST relief and streamlined approvals to revive the market.

The historic Hudson’s Bay Co. flagship store in downtown Vancouver is set to be acquired by Onni Group, raising questions about its future redevelopment. Experts suggest that this could lead to a transformative mixed-use project.
B.C. minimum wage rises to $18.25 on June 1. For local businesses and households, the bigger story is the gap between wages, living costs and the price increases customers may see later this year.

The Vancouver International Film Festival is hiring summer roles ahead of its October festival, adding another sign of seasonal employment and cultural activity in the city.
