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Real Estate

Kelowna approves sweeping restrictions on short-term rentals

Kelowna approves sweeping restrictions on short-term rentals

Kelowna city council voted 4-3, with two councillors having to sit out because they own and operate short-term rental properties
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Vancouver school board says it's owed $49M in back rent for Kingsgate Mall property

Vancouver school board says it's owed $49M in back rent for Kingsgate Mall property

Civil claim filed Jan. 12 latest action in dispute with Beedie Development.
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Asking rents jump 8.6% in December to hit record $2,178 on average: report

Asking rents jump 8.6% in December to hit record $2,178 on average: report

A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but an 8.6 per cent jump year-over-year. The data released Monday by Rentals.
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Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution

Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution

With interest rate cuts likely on the horizon, the Canadian Real Estate Association expects the number of homes changing hands this year to grow following a slowdown in 2023.
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Victoria aims to pave the way for innovative uses for rooftops

Victoria aims to pave the way for innovative uses for rooftops

Council asks staff to find ways of providing incentives for and reducing barriers to establish green roofs, rooftop solar and other creative ideas
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Mount Pleasant could soon have Vancouver's tallest 'hybrid-timber' tower

Mount Pleasant could soon have Vancouver's tallest 'hybrid-timber' tower

Project calls for 210 rental units in 25-storey building at Main Street and 5th Avenue.
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Notorious vacant Shaughnessy mansion on the market

Notorious vacant Shaughnessy mansion on the market

The property is where the remains of 24-year-old Chelsea Poorman were found.
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B.C. housing minister says next naughty list coming soon

B.C. housing minister says next naughty list coming soon

Ravi Kahlon also says province unveiling BC Builds project in ‘very near future.’
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Without fanfare, Victoria approves first missing-middle housing project

Without fanfare, Victoria approves first missing-middle housing project

The project will see two single-family homes on Wilson Street in Vic West replaced with a 20-unit townhouse development
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Government was warned two years ago high immigration could affect housing costs

Government was warned two years ago high immigration could affect housing costs

OTTAWA — Federal public servants warned the government two years ago that large increases to immigration could affect housing affordability and services, internal documents show.
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