Real Estate

With government eying more than 4,000 empty, newly built condominiums in the Metro Vancouver area, the question of who will buy them in the end is still unclear.

Conservative Leader Pierre Poilievre is calling on Parliament to probe Ottawa’s proposal to convert unsold condominium units in British Columbia into affordable housing.

British Columbia Premier David Eby said a joint federal-B.C. plan to buy unsold condominiums won’t be a bailout for Vancouver developers, but there was an opportunity for the government to purchase empty homes in other places for less than it would cost to build them.

Converting British Columbia’s glut of unsold condos into affordable housing is about supporting Canadians, not distressed developers, Prime Minister Mark Carney said Thursday in defence of his government’s proposal.

An urban planning expert says a plan to convert empty condominiums into affordable housing in B.C. might be more about stabilizing the financial sector than housing.

The B.C. Financial Services Authority has issued another consumer alert about Matthew Kuras, the former licensee it has accused of short-term rental fraud.

Rising mortgage rates and a weaker labour market are weighing on home sales in British Columbia, especially in the Lower Mainland.

A New Westminster lawyer has agreed to a six-week suspension and promised to give up practising real estate law under a consent agreement with the Law Society of B.C.

The B.C. Financial Services Authority has issued a consumer alert about Matthew Kuras, the real estate licensee it has accused of operating a short-term rental fraud in Vancouver.

Weak condo sales dragged down real estate activity in the Vancouver area last month, as prices also moved lower compared with a year ago.

One of British Columbia’s wealthiest residents has successfully appealed the assessed value of his waterfront mansion in Vancouver’s Kitsilano neighbourhood.

Journalists and other members of the public got their first look inside the distinctive Sen̓áḵw tower development on the south end of Vancouver’s Burrard Bridge on Tuesday, showing off what the Squamish Nation hopes will be a positive economic opportunity for their community while mitigating the housing crisis.

A Vancouver woman who donated her $1.625-million home to charity and later argued the gift was made under duress has lost a legal challenge to get the property back.

Changes could be coming to Vancouver’s multiplex policy, three years after it was adopted.

The B.C. property manager accused of tenanting multiple Vancouver properties “under false pretences” and subleasing them as short-term rentals without their owners’ consent has lost his appeal of an order directing him to produce documents for investigators.