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Bucking the rosy forecasts of five years ago, housing sales and prices in the northwest sa¹ú¼Ê´«Ã½ city have fallen steadily, even as LNG sa¹ú¼Ê´«Ã½ nears completion

Announcement follows sudden and major overhaul of board members last summer

Rental affordability will also likely decline as demand outpaces rental supply, says CMHC's chief economist

Penticton, sa¹ú¼Ê´«Ã½, company is the major supplier to mass-timber construction projects in Metro Vancouver

Metro board has directed staff to adjust its upcoming budget to boost development cost charges and soften a rising tax burden on residents

Buyer activity will hinge on the introduction of new housing inventory into the market

High cost and extension of new sampling requirements could see more soil disposed of at sea rather than used as fill

sa¹ú¼Ê´«Ã½ stratas delaying depreciation reports could lead to insurance problems and owner liability issues.

Initiative would work to address unintended consequences of housing policies and create new ideas and legislation

But municipalities report a higher number of approved projects are delaying the start of construction