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Real Estate

Structurlam mass timber company files for bankruptcy

Structurlam mass timber company files for bankruptcy

Penticton, B.C., company is the major supplier to mass-timber construction projects in Metro Vancouver
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Metro Vancouver calls for developers to pay even more

Metro Vancouver calls for developers to pay even more

Metro board has directed staff to adjust its upcoming budget to boost development cost charges and soften a rising tax burden on residents
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Pent-up demand for Vancouver luxury housing ‘intensifying’: Sotheby’s

Pent-up demand for Vancouver luxury housing ‘intensifying’: Sotheby’s

Buyer activity will hinge on the introduction of new housing inventory into the market
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Changes to B.C. contaminated site regulations will hike costs, waste soils, critics say

Changes to B.C. contaminated site regulations will hike costs, waste soils, critics say

High cost and extension of new sampling requirements could see more soil disposed of at sea rather than used as fill
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Lack of B.C. strata depreciation reports a cause for concern, says association

Lack of B.C. strata depreciation reports a cause for concern, says association

B.C. stratas delaying depreciation reports could lead to insurance problems and owner liability issues.
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Organizations call on B.C. to form permanent housing roundtable

Organizations call on B.C. to form permanent housing roundtable

Initiative would work to address unintended consequences of housing policies and create new ideas and legislation
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Metro Vancouver rental starts surged in 2022: CMHC

Metro Vancouver rental starts surged in 2022: CMHC

But municipalities report a higher number of approved projects are delaying the start of construction
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Vancouver tops charts for annual income needed to afford a home in Canada

Vancouver tops charts for annual income needed to afford a home in Canada

Nine out of 10 Canadian cities reported an increase in income needed, despite decreasing average home prices
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CMHC reports annual pace of housing starts in Canada slowed in March

CMHC reports annual pace of housing starts in Canada slowed in March

Annual pace of housing starts fell 11 per cent in March
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Bank regulator sees growing concerns in real estate even as credit quality holds

Bank regulator sees growing concerns in real estate even as credit quality holds

TORONTO — Canada's bank regulator says it is preparing for strain in the housing market to potentially last throughout the year as it flags the sector as a growing concern.
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