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Real Estate

Developers opt for rental projects over condos in Kelowna

Developers opt for rental projects over condos in Kelowna

Interest rates, incentives are reshaping developments
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Metro Vancouver office vacancy rates increase amid development slowdown

Metro Vancouver office vacancy rates increase amid development slowdown

Office vacancy rates increased to 10.4% in Q2 2024, but a development drought may stabilize the trend, says Avison Young report.
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Tenant advocate decries ruling that let ÎÚÑ»´«Ã½ landlord hike rent 27% after rates rose

Tenant advocate decries ruling that let ÎÚÑ»´«Ã½ landlord hike rent 27% after rates rose

An arbitrator with ÎÚÑ»´«Ã½'s Residential Tenancy Branch has allowed a landlord to raise rent beyond the 3.5 per cent limit set by the province for this year because of ballooning mortgage costs.
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Housing market fairly stable in July, conditions growing for more active market: CREA

Housing market fairly stable in July, conditions growing for more active market: CREA

OTTAWA — ÎÚÑ»´«Ã½'s housing market softened slightly in July from a month earlier as sales of existing homes dipped and new listings inched up, the Canadian Real Estate Association said. Sales were down 0.
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Opinion: The era of easy real estate money is over for Metro Vancouver cities

Opinion: The era of easy real estate money is over for Metro Vancouver cities

Excessive fees and regulations are hindering growth and driving up costs for homeowners
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ÎÚÑ»´«Ã½ landlord can increase rent 23.5% because of variable mortgage: arbitrator

ÎÚÑ»´«Ã½ landlord can increase rent 23.5% because of variable mortgage: arbitrator

Housing minister says his staff is reviewing the policy.
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Affordable housing groups aiming to raise $110 million through community bonds

Affordable housing groups aiming to raise $110 million through community bonds

TORONTO — Tapestry Community Capital says housing groups across ÎÚÑ»´«Ã½ are aiming to raise $110 million through community bonds to secure affordable living options.
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Kelowna city staff against year-round RV park on agricultural land

Kelowna city staff against year-round RV park on agricultural land

Staff say recreational vehicles not recognized as dwelling units and that year-round RV use is banned on ALR land
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Contentious apartment development back before council

Contentious apartment development back before council

The project includes 107 units and would offer rental housing in perpetuity
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Vancouver Island communities prep policies, infrastructure for dry times

Vancouver Island communities prep policies, infrastructure for dry times

Recurring drought conditions poised to limit community growth
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