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  1. 800-plus-home highrise development - 643 market condo, 150 seniors units, 83 purpose-built rentals being pitched for Delta Shoppers Mall

    he proposed redevelopment of the 2.4-hectare Delta Shoppers Mall (8037 to 8087 120th St., located between the Real Canadian Superstore and Delta Rise) includes four buildings ranging in height from six to 32 storeys, with a total of 876 residential units, 10,572 square metres of office space, 7,178 square metres of commercial space, and childcare spaces for a total of 60 children.

    Of the 876 residential units, 643 are slated to be market condo units located in two 32-storey highrises. A 10-storey building would include 150 senior housing units, while a six-storey building would include 66 market and 17 non-market purpose-built rental housing units.
    By James Smith
    02-08-2023

  2. Fraser Valley leads the nation with 214 per cent surge in the first half of 2023

    In Metro Vancouver, home sales rose by 190.1 per cent between January 2023 and June 2023, with 2,988 homes sold in the region in June, according to a report from real estate listing website Zoocasa.  

    Among larger markets where more than 1,000 homes are sold, the Fraser Valley area had the largest increase in Canada. In June of this year there were 1,849 home sales, an increase of 214.5 per cent from January 2023.  
    By Claire Wilson
    01-08-2023

  3. Cambie Corridor land sells at more than $38M an acre

    A 0.48-acre two-lot residential land assembly in Vancouver’s Cambie Corridor has sold for the equivalent of more than $38 million per acre, bucking a trend that has seen land sales plunge this year compared to the first half of 2022.

    The assembly at 4338-4362 Cambie Street has conditional rezoning approval for a 68-unit, six-storey multi-family building covering 58,893 square feet.
    By Frank O'Brien
    31-07-2023

  4. Massive Westport Village Project May go Ahead After 18-year Delay

    On July 25, 2023, 18 years after it was first suggested, Port Moody city council will consider fourth reading of amendments to the city's zoning and official community plan bylaws that would allow a massive mixed-use development by Andrew Peller Ltd. to proceed.

    The approval would include development permits for construction of the first of its two phases.

    The Westport Village project would dramatically change Port Moody's western gateway by transforming the five-acre Andrés Wine industrial property at the corner of Clarke Street and the Barnet Highway into a mixed-use urban neighbourhood.
    By Mario Barnet
    24-07-2023

  5. Vancouver council approves developer's request to defer $10 million payment

    City staff had recommended approving the request from Anthem Properties to alter the schedule for the developer’s community amenity contributions, which was agreed upon when the city’s previous council approved the rezoning in 2021 for a 127-unit, 33-storey luxury downtown condo tower.

    By Dan Fumano
    13-06-2023

  6. A set of guidelines that protect Canadians who are facing “exceptional circumstances” related to meeting their mortgage payments

    The announcement contained protections for mortgage holders and updates on the tax-free first-home savings account
    By Fergal McAlinden
    30-03-2023

  7. Fed reiterate its commitment to, among other things, improving housing access and affordability across Canada

    Economist describes "divisive" budget as "an assault on relatively wealthy folks"
    By Ephraim Vecina
    30-03-2023

  8. Housing construction in B.C. needs to increase 25% above its historical average level over the next five years | BCREA

    The next half-decade will be a crucial period for the province's housing supply
    By Ephraim Vecina
    29-03-2023

  9. Average home price below national in 14-out-of-20 regional housing markets

     In a release on Thursday, the real estate brokerage said it analyzed 20 housing regions across Canada and found 14 markets where the average home prices fell by more than $25,000.

     
    By Hilary Punchard
    29-03-2023

  10. Fed housing minister made amendments to regulations on foreign purchases of residential property

    Changes will allow non-Canadians to purchase a residential property in certain circumstances
    By Denise Paglinawan
    29-03-2023

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