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Real Estate

B.C. boosts funds to agency that handles disputes between landlords and tenants

B.C. boosts funds to agency that handles disputes between landlords and tenants

VICTORIA — British Columbia is beefing up its residential housing agency that resolves tenant-landlord disputes over issues including unfair evictions, unpaid rent and damage.
CMHC deputy chief economist predicts 15% housing price drop by Q2 2023

CMHC deputy chief economist predicts 15% housing price drop by Q2 2023

Canada Mortgage and Housing Corp. is predicting housing prices will continue to drop in 2023, but is warning the fall will do little for affordability.
B.C. real estate lawyer suspended after not tracking $44 million of deposits

B.C. real estate lawyer suspended after not tracking $44 million of deposits

Paul Otto De Lange handled transactions for a person charged with fraud but failed to conduct due diligence on several fronts
Commercial real estate sales fall 46 per cent across Lower Mainland

Commercial real estate sales fall 46 per cent across Lower Mainland

Total Q3 spend down $1.3 billion from a year earlier as multi-family leads with an 86 per cent plunge year-over-year
Vancouver city hall says no public meeting was required for Senakw services agreement

Vancouver city hall says no public meeting was required for Senakw services agreement

The city’s statement of defence against an application for a review says there was no legal duty under the Vancouver Charter to seek public feedback on the 120-year deal with the Ó£ÌÒÊÓƵNation.
Metro Vancouver industrial real estate sales expected to be strong in 2023: CBRE

Metro Vancouver industrial real estate sales expected to be strong in 2023: CBRE

Commercial real estate as a whole has a mixed outlook going into the new year
Rob Shaw: After five years, the NDP should stop blaming others for housing problems

Rob Shaw: After five years, the NDP should stop blaming others for housing problems

Premier David Eby took great pains this week to try and blame the worsening problems of homelessness in Vancouver’s Downtown Eastside on his government’s greatest villain and most-frequent scapegoat: The previous BC Liberal administration
Ontario and British Columbia headed for a buyer's market, RBC says

Ontario and British Columbia headed for a buyer's market, RBC says

TORONTO — High interest rates will continue to hold back homebuyers into the new year, except in Ontario and British Columbia, a new report by RBC says. The report released Thursday said those purchasing real estate in Ontario and B.C.
CMHC reports annual pace of housing starts edged lower in November

CMHC reports annual pace of housing starts edged lower in November

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in November edged down 0.2 per cent compared with October.
National average rent rose to a record $2,024 in November: Rentals.ca

National average rent rose to a record $2,024 in November: Rentals.ca

MONTREAL — The average monthly cost to rent a home in Canada rose to a record $2,024 in November, new data shows, and experts say this trend is showing no signs of stopping.
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