Budget 2018 earmarks more than $6 billion for affordable homes over next decade

Billions for new homes and tougher tax policies held prime real estate in the BC NDP’s first full budget as the party met “huge” expectations with historic spending on housing and affordability...

Avigilon closes $108m sale of downtown Vancouver office tower

Even B.C. tech companies are making hay out of Vancouver’s white-hot real estate market. Avigilon Corporation (TSX:AVO) has closed the previously announced sale of its downtown office tower for...

Burrard Place redevelopment progresses

The second phase of Reliance Properties and Jim Pattison Developments’ Burrard Place development broke ground February 14 as workers stared excavating land at the corner of Burrard and Drake streets...

Office towers start with no leases signed

The 13-storey Offices at Burrard Place tower is not the only major office building underway in downtown Vancouver with no tenants but the speculation does not appear to faze developers. Reliance...

Construction wages expected to increase 10%: ICBA

In the wake of announcements that construction job growth will increase substantially over the next 3 years, a recent survey indicates that construction wages will also increase nearly 10% over the...

Making modular more than a temporary homeless fix

Modular housing has been gaining ground not only as a viable option to end homelessness, but also as a solution to multiple issues surrounding affordability. “We are seeing growth and opportunities...

Speculation is best hope for housing supply, developers say

While the February 13 B.C. Throne speech hinted that attacking speculation is part of the answer to reducing housing costs in Metro Vancouver, developers say the reverse is true. In the past,...

Is housing affordability on the BC NDP’s 2018 budget menu?

  Budget promises B.C. Finance Minister Carol James will have the spotlight February 20 when she delivers the BC NDP’s first full-fledged provincial budget in 17 years. The past several months have...

Developers making tracks to Vancouver’s Railtown

Railtown might not be the next Yaletown, but the thin strip of gritty industrial on the lower Downtown Eastside is catching its share of trendy developers. Railtown is north of Alexander Street,...

District of North Van advances Maplewood Village development plan

Despite concerns over residential/industry conflict and ever-present gridlock, District of North Vancouver council amended their official community plan Monday, nudging the Maplewood Village plan...