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Real Estate

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could still be a while yet before lower borrowing costs translate into a meaningful boost to sales activity
Builder sues City of Burnaby for $11.3M over long-delayed ice arena

Builder sues City of Burnaby for $11.3M over long-delayed ice arena

Pomerleau Inc. says 'numerous cumulative impacts and cascading delays' increased costs on the Rosemary Brown Recreation Centre project.
B.C. Premier David Eby vows better public consultation on supportive housing projects

B.C. Premier David Eby vows better public consultation on supportive housing projects

Improvement on B.C.'s healthcare, housing, education and climate change actions among NDP's promises for upcoming election.
Baseline emerging for land prices as new normal takes hold

Baseline emerging for land prices as new normal takes hold

Foreclosures create opportunities for residential land buyers
Action, not just reporting, will help building owners limit carbon emissions and increase asset values: experts

Action, not just reporting, will help building owners limit carbon emissions and increase asset values: experts

Reporting energy and carbon data is just the first step in trying to limit global warming to international targets.
Government funding drives B.C. multi-family investment activity

Government funding drives B.C. multi-family investment activity

Momentum continuing in the second half of the year as interest rates fall
B.C. revamps building code to allow single stairwells in buildings up to six storeys

B.C. revamps building code to allow single stairwells in buildings up to six storeys

The province says all new buildings designed under the changes will require safety measures including sprinklers, smoke-management systems and wider stairwells.
New Â鶹´«Ã½Ó³»­Art Gallery construction costs soar to $600M

New Â鶹´«Ã½Ó³»­Art Gallery construction costs soar to $600M

Redesign work could result in a more compact gallery to stay within its budget
B.C. caps rent increases next year at 3 per cent, matching inflation

B.C. caps rent increases next year at 3 per cent, matching inflation

Housing Minister Ravi Kahlon says the inflation-indexed rent cap protects tenants against unfair rent hikes while letting landlords cover rising costs.
Feds identify 56 government properties for conversion to affordable housing

Feds identify 56 government properties for conversion to affordable housing

HALIFAX — The federal government has added 56 properties to a new public lands bank of locations that are suitable for long-term leases so developers can build housing, a move the Housing Minister says will help boost the supply of homes Canadians ca