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Luxmore News

Published brokerage updates and market posts.

News

Luxmore News

Published brokerage updates and market posts.

Capstan Station Ridership Is Still Low, but Richmond’s New Village Is Not Finished Yet

Capstan Station recorded 589,000 boardings in 2025, ranking near the bottom of the SkyTrain network. The nearby village is still building out, with thousands of homes and new hotels expected later this decade.

May 21, 2026, 8:57 p.m.
Capstan Station Ridership Is Still Low, but Richmond’s New Village Is Not Finished Yet

Metro Vancouver Gas Prices Expected to Fall 6 Cents on Friday

Drivers in Metro Vancouver can expect a decrease in gas prices by six cents per litre starting Friday, providing some relief at the pumps. This change follows recent volatility in global oil markets.

May 21, 2026, 3:36 p.m.
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Cambie Bridge Seismic Funding Adds a New Signal for Downtown Vancouver Real Estate

Ottawa will put $84.4 million toward the Cambie Street Bridge seismic upgrade, with TransLink adding $37 million to a project expected to cost at least $218 million. For real estate clients, the story is about downtown access, emergency resilience, and the next round of False Creek infrastructure decisions.

May 21, 2026, 2:44 p.m.
Cambie Street Bridge looking north toward Downtown Vancouver

No, Your Property Is Not at Risk After the Cowichan Decision

Recent discussions among legal experts have clarified that private property ownership in British Columbia is not threatened by the Cowichan decision. The consensus is that fee simple ownership will coexist with Aboriginal title.

May 21, 2026, 10:46 a.m.
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New Westminster Hyack Parade Brings Weekend Road Closures and Local Foot Traffic

The Hyack Multicultural Parade and Festival returns to New Westminster on May 23, bringing free family activities, food trucks and several road closures around Uptown New West.

May 21, 2026, 10:38 a.m.
New Westminster Hyack Parade Brings Weekend Road Closures and Local Foot Traffic

Vancouver Considers Changes to Multiplex Policy Amid Community Concerns

Vancouver is contemplating revisions to its multiplex policy, initially adopted three years ago, in response to community feedback regarding building scale and neighborhood fit. The proposed changes aim to balance housing delivery with local concerns.

May 21, 2026, 10:19 a.m.
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New BC Hydro Energy Plan Aims to Help People Save Money, Reduce Energy Use

BC Hydro has launched Power Smart 2.0, a significant initiative designed to lower energy bills and enhance energy efficiency for British Columbians. This program is set to be the largest energy conservation effort in the province's history.

May 20, 2026, 2:00 p.m.
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Canada's Inflation Rises to 2.8%, But BC Becomes a 'Safe Haven'? Hidden Signals in the Real Estate Market

Canada's inflation rate has surged to 2.8% in April, driven primarily by rising gasoline prices. However, British Columbia stands out as the only province where inflation has not increased, raising questions about the local real estate market dynamics.

May 20, 2026, 11:04 a.m.
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Eby, Carney to Meet Amid Accusation of Imbalanced Engagement with Provinces

Prime Minister Mark Carney is set to meet with Premier David Eby in Vancouver, amidst concerns over the federal government's unequal engagement with provinces. This meeting follows Carney's recent agreement with Alberta regarding pipeline construction and carbon pricing.

May 20, 2026, 10:05 a.m.
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Vancouver Council Seeking Feedback on Building Even Taller Towers

Vancouver's city council is reviewing its Higher Buildings Policy for the first time in 15 years, seeking public input on whether to allow taller buildings in downtown areas. The policy, last updated in 2011, aims to reflect current needs and priorities in urban development.

May 20, 2026, 8:26 a.m.
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The return of B.C. First Nations’ territory: Despite recent gains, less than 1 per cent is in their hands

A recent examination reveals that all 25 First Nations in British Columbia have filed claims to assert Aboriginal title to lands, yet less than 1% of these lands are currently under their control. This situation raises important questions about land rights and ownership in the region.

May 20, 2026, 8:25 a.m.
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Couple Ordered to Pay Developer's $144,000 Resale Loss on B.C. Condo After Failing to Close

A retired couple has been ordered by the B.C. Supreme Court to pay $144,000 to a developer after they failed to close on a condo purchase due to concerns over water leaks. The couple had initially agreed to buy the unit for $800,000 before the market downturn.

May 20, 2026, 8:21 a.m.
Image 21: Outside of courthouse
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