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  1. Application received for multi-tower redevelopment of North Delta mall

    The City of Delta has received an application to develop a four-building, 800-plus-home project on the current site of a shopping centre on Scott Road.

    A rezoning and development application for the 2.4-hectare Delta Shoppers Mall (8037 to 8087 120th St.), located between the Real Canadian Superstore and Delta Rise, was received by council on Feb. 13. The proposed project includes a total of 877 residential units, 11,691 square metres of office space and 7,502 square metres of commercial space.

    A total of 643 market condo units, as well as office space and at-grade retail, is planned in two 32-storey towers atop five- and nine-storey podiums.
    By James Smith
    23-02-2023

  2. Greater Vancouver home sales up 162% compared to the same period in January 2023

    After posting dismal numbers in January, early February data suggests sales are gaining strength and active listings are increasing
    Source: Western Investor
    21-02-2023

  3. Higher building costs and supply-chain issues continue to hamper investment and limit rental supply growth | CMHC

    Most market segments saw rents increase as demand outstripped new supply
    By Peter Mitham
    26-01-2023

  4. Metro Vancouver area drove rental demand in 2022 | CMHC

    The rate for purpose-built rentals in the region fell below one per cent last year, while the average asking rent for vacant units is 43 per cent higher than occupied ones
    Source: Western Investor
    26-01-2023

  5. GTA new home sales started strongly in 2022 before easing in the second half of the year with annual sales sitting at a four-year low | Edward Jegg

    New report highlights market's struggles
    By Ephraim Vecina
    25-01-2023

  6. Ministry of Housing making mandatory for developers and strata corporations to make minimum contingency reserve fund payments of 10% as of Nov. 2023

     The B.C. government is ushering in changes it says will help protect owners in strata developments at risk of higher insurance costs due to neglected maintenance needs.
    Source: CBC Radio
    24-01-2023

  7. B.C. had record spending on exploration in 2022

    Mineral production in B.C. totalled $18 billion last year, also a new record
    By Nelson Bennett
    24-01-2023

  8. Housing market in 2022 generally outperformed expectations both in terms of sales and price growth | CREB

    Regional housing industry group highlights the market's strengths
    By Ephraim Vecina
    20-01-2023

  9. Vancouver property owners can now start make their EHT property status declarations for the 2022 tax year

    Properties declared or deemed vacant in the 2022 tax year will be taxed at a rate of three per cent of the property's 2022 assessed taxable value. 
    By REBGV Staff
    20-01-2023

  10. Fed announces a joint investment $3M to support the development of new affordable housing in Toronto

    New housing complex to offer units for in-need Torontonians
    By Ephraim Vecina
    20-01-2023

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