Real Estate News

Through new fund, CMHC will create up to 60,000 affordable units across Canada and renew up to 240,000 more

City is third most-expensive in B.C. for both one- and two-bed rental units, after Vancouver and Burnaby

Retirees driving demand for recreational real estate

Victoria council narrowly approved a 12-unit strata development on Montreal Street, even though veteran councillor Pam Madoff warned it would be “destabilizing” much of James Bay.

Rising inventory creates “less upward pressure on prices”

Saanich residents frustrated with council’s approval of a four-storey condo-retail development in Cordova Bay are seeking a judicial review in B.C. Supreme Court. Council voted 8-1 on Jan.

Will a $90-million affordable housing initiative by federal, provincial and regional governments actually create 2,010 rental units in Greater Victoria over the next four years? Casey Edge, executive director of the Victoria Residential Builders Asso

More Victoria renters spending above acceptable threshold of income on housing than national average

Six in 10 survey respondents think it’s time to consider a foreign buyer ban on B.C. real estate

Despite high prices, six in 10 Canadian millennials already own a home