News

May 6, 2016

B.C. non-profit societies becoming more entrepreneurial in developing housing

Kevin Griffin, Vancouver Sun Non-profit housing societies throughout B.C. are finding that they’re having to shift gears and think like entrepreneurs to create more affordable housing. Faced with the challenge of rising cost of real estate and uncertainty over f...

May 4, 2016

'Crazy' real estate bidding wars infect the suburbs

Frustrated Toronto and Vancouver buyers invade nearby regions, sparking bidding wars By Laura MacNaughton, CBC News After six months of searching and 18 failed offers, Kate Stoodley and her husband Neil have finally purchased their first home. "Roller-coaste...

May 3, 2016

B.C. housing minister foreshadows legal crackdown on bad landlords

By Rob Shaw, The Vancouver Sun Victoria – Housing Minister Rich Coleman says he’s working on legal changes that could give new powers to government to investigate and fine bad landlords and tenants. Coleman said his ministry is preparing ways to change the Resid...

April 28, 2016

Industrial land in Metro Vancouver shrinking, says report

Metro Vancouver board chair says cities may need to mix industrial and residential land use By Maryse Zeidler, CBC News Metro Vancouver is losing job-creating industrial land throughout the region, says a new report being presented at a regional board meeting on...

April 27, 2016

Kelowna rental vacancies low, but boom of new homes coming

Planner says it could be several years before new projects help with low vacancy rate By CBC News A report from City of Kelowna staff shows a boom in residential construction in the city, but it might be years before that boom impacts low vacancy rates for rente...

April 26, 2016

CEO David Hutniak on the RENTT (Rental Executive National Think Tank) panel

This month’s issue of RHB Magazine brings together a special RENTT (Rental Executives National Think Tank) panel representing the city of Vancouver. The esteemed panel members discuss topics that are relevant to the BC market, including market conditions in Vancouver, m...

April 25, 2016

Provincial Investment in Affordable Housing

The Provincial Investment in Affordable Housing (PIAH) program is a commitment of $355 million to create more than 2,000 affordable rental housing units in British Columbia. Through the PIAH program, individuals with low to moderate income will have access to additi...

April 25, 2016

World's Most Expensive City To Rent Is Not What You May Think It Is

The Huffington Post Canada | By Jesse Ferreras When people think of the world's most expensive cities, places like New York and Hong Kong (and Vancouver) come to mind. There are lots of ways to measure how difficult it is afford city living. And these cities c...

April 22, 2016

Victoria's Hudson Walk One adds urban rental suites to downtown core

Hudson Walk One adds urban rental suites to downtown core April 22, 2016, Victoria, BC – The newest addition to The Hudson District kicks off leasing this month with a purpose-built urban rental building, Hudson Walk One. The concrete building will add 178 ...

April 19, 2016

Metro Vancouver studying possibility of water meters

Meters are costly but help curb water use CBC News Metro Vancouver is researching the possibility of installing water meters for all homes in the region. The two-year study will examine the environmental benefits as well as the economic costs. "Basical...