News
Published brokerage updates and market posts.
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.

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.

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.

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.

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.

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.

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.

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.

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.

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.
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.
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.
