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B.C.'s government buys land for transit-oriented housing development

B.C.'s government buys land for transit-oriented housing development

SAANICH, B.C. — British Columbia's government is spearheading a new public development project on 91Ô­´´ Island aimed at bringing more affordable homes closer to transit access.
Spring housing market surge unlikely as affordability, cost of living weigh on buyers

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

After five straight holds of the Bank of Canada's key interest rate that followed its hiking cycle of more than a year, economists say a rebound awaits the national housing market — but don't expect a big surge just yet.
B.C. Rental Protection Fund head applauds new federal program

B.C. Rental Protection Fund head applauds new federal program

"It's probably fair to say they're pulling many ideas from B.C."
91Ô­´´ 'one of the most resilient cities' for commercial real estate

91Ô­´´ 'one of the most resilient cities' for commercial real estate

A look into predictions from the 91Ô­´´ Real Estate Forum for three commercial real estate markets in 2024.
Metro Van housing starts expected to drop despite anticipated market rebound: CMHC

Metro Van housing starts expected to drop despite anticipated market rebound: CMHC

Home prices expected to reach new highs by 2026, says CMHC
B.C. real estate tax evasion and avoidance audits hit $1.3B since 2015

B.C. real estate tax evasion and avoidance audits hit $1.3B since 2015

Tax auditors uncover, on average, $86,036 per re-assessment in their real estate-related audits in 2023; lifestyle/income and capital gains audits account for majority of findings in B.C.
Home prices could reach peak levels by next year, set new highs in 2026: CMHC report

Home prices could reach peak levels by next year, set new highs in 2026: CMHC report

The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026.
New government incentives set to spur mass-timber development in B.C.

New government incentives set to spur mass-timber development in B.C.

With more than 40 per cent of 91Ô­´´ mass-timber projects already based in the province, B.C. is poised to capture ‘tidal wave’ of interest
BC Tree Fruits sells site bought for cancelled packing house

BC Tree Fruits sells site bought for cancelled packing house

Property value has risen significantly since 2019 purchase
Federal budget to include more money for apartment construction loans

Federal budget to include more money for apartment construction loans

OTTAWA — The Liberal government has revealed another glimpse of what it will present in the coming federal budget, announcing it's setting aside another $15 billion for an apartment construction loan program.