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Real Estate

Victoria tightens regulations for short-term rentals

Victoria tightens regulations for short-term rentals

Council voted unanimously to increase fees, increase fines for non-compliance, restrict acceptable use of some units and redefine terms in the bylaw.
Â鶹´«Ã½Ó³»­defers increase to developer charges until 2024

Â鶹´«Ã½Ó³»­defers increase to developer charges until 2024

Deferral means city will lose out on approximately $10M of potential development revenue.
Rent or buy? Cost gap as high as $2,600 in one major B.C. city, says report

Rent or buy? Cost gap as high as $2,600 in one major B.C. city, says report

Vancouver, Victoria and Surrey mortgage holders pay on average $1,9421 more per month than renters within those three respective cities.
Â鶹´«Ã½Ó³»­city council moves ‘missing middle’ motion to public hearing

Â鶹´«Ã½Ó³»­city council moves ‘missing middle’ motion to public hearing

Some issues may remain with floor space ratio, infrastructure capability and alignment with the provinces future initiatives, says stakeholder
B.C. real estate investment plummets in first half of 2023: Avison Young

B.C. real estate investment plummets in first half of 2023: Avison Young

Industrial comes out tops as total investment drops 72 per cent
B.C. construction confronts workers’ substance use challenge

B.C. construction confronts workers’ substance use challenge

Drug and alcohol use creates troubling safety problems and adds significant costs to industry operations
Government fees inflate risk, uncertainty for B.C. builders

Government fees inflate risk, uncertainty for B.C. builders

City of Â鶹´«Ã½Ó³»­says no proof to claims that municipal fees eroding affordability
Three Sixty project kicks off 'creative industrial' zone in Mount Pleasant

Three Sixty project kicks off 'creative industrial' zone in Mount Pleasant

Doubling density facilitates construction of job space in key urban area
No relief in sight for Metro Vancouver’s industrial land shortage: Avison Young

No relief in sight for Metro Vancouver’s industrial land shortage: Avison Young

Long-term supply is a ‘serious concern’ for the region, which needs 7.7M square feet of new space
Missing middle housing motion set for Â鶹´«Ã½Ó³»­city council vote

Missing middle housing motion set for Â鶹´«Ã½Ó³»­city council vote

Local builder describes policy as ‘massive’ and ‘well-thought-out’