B.C. home sales expecting 2.1 per cent slide in 2026 as economic challenges mount
The B.C. Real Estate Association says in its second quarterly housing forecast that residential unit sales will likely drop to about 69,000 homes this year.
The B.C. Real Estate Association says in its second quarterly housing forecast that residential unit sales will likely drop to about 69,000 homes this year.
The report noted that industrial construction remains the main source of cost pressure, while institutional building costs show limited movement.
The report noted that average rents were down approximately $100 from a year ago and 7.4 per cent lower than two years earlier, while remaining 1.2 per cent higher than three years ago.
The Anse-à-l’Orme line is the third to open and will have four stations over 14 kilometres, bringing to 23 the total number of stations in operation over 63 km of track.
The Calgary Real Estate Board says 2,104 homes were sold last month, down 5.7 per cent year-over-year, as the city's residential benchmark price fell 3.5 per cent from April 2025 to $568,800.
The spring economic update released on April 28 included a commitment to spend up to $6 billion over five years toward the goal of getting 80,000 to 100,000 new Red Seal certified workers.
The federal government announced on May 1 that it will contribute $9.8 million from the new Build Communities Strong Fund for the planning, design and pre-construction of the proposed facility.
For many, that was the ideal retirement plan. But for now, it may not be a realistic one.
Six of 11 markets recorded positive net absorption as Toronto led momentum, vacancy declined, and conversions accelerated across Canada.
The initiative demonstrated how these materials can be recovered and reintegrated into new building materials under real-world conditions.