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$30K in penalties, lifetime ban for former B.C. mortgage broker who submitted fake documents

A former mortgage broker has been banned from returning to the profession in B.C. after the provincial regulator found he submitted false or misleading information to lenders in every application investigators reviewed.

B.C. rents drop 4.5% in July, but Metro Vancouver most expensive market in Canada: report

The latest rent report from Rentals.ca finds asking rents are still dropping across Canada, but North Vancouver and Vancouver are the most expensive cities in the country.

Housing minister says B.C. in talks with Ottawa over cutting development cost charges

British Columbia’s housing minister says her government is working with Ottawa to help fund the infrastructure needed as it pushes to build more homes in the province.

Private island off B.C.’s Sunshine Coast sells for record-breaking $13M

A private island estate off B.C.’s Sunshine Coast has sold for $13 million, setting a record for a residential sale in the area.

Vancouver-area home sales drop nearly 10% in July as summer demand slows: board

Vancouver’s real estate board says the region saw a nearly 10 per cent drop in home sales in July compared with a year ago, erasing June’s gains that kicked off the summer.

Vancouver landlords illegally converted offices into rooms for rent, RTB hears

Two men and a numbered company have been ordered to pay more than $57,000 in penalties for their roles in converting part of a Vancouver commercial building into 11 illegal single-room occupancy housing units.

Landlord tried to evict tenants for following B.C. court order regarding rent payments

A B.C. landlord has been fined $7,700 for making multiple misleading statements during dispute resolution hearings before arbitrators from the province’s Residential Tenancy Branch.

Here’s what a $49.9M estate designed by one of Canada’s most famous architects looks like

An oceanfront estate in West Vancouver, part of which was designed by one of Canada’s most renowned architects, has hit the market for just under $50 million.

B.C. real estate agent agrees to pay $33K over unlicensed property management

A B.C. real estate agent has agreed to pay her profession’s provincial regulator more than $33,000 to resolve allegations that she managed rental properties without a licence to do so.

B.C. mortgage broker receives maximum penalty for carrying on business without registration

A B.C. mortgage broker has received the maximum penalty for conducting business while unregistered, according to the profession’s provincial regulator.

$28K in penalties for B.C. mortgage broker who failed to disclose conflict of interest

A B.C. mortgage broker has agreed to pay more than $28,000 to a provincial regulator after admitting to conducting business “in a manner prejudicial to the public interest.”

Mortgage broker submitted ‘falsified’ income documents with 8 applications to lenders, BCFSA says

A B.C. mortgage broker has agreed to pay $80,000 to a provincial regulator and have his registration cancelled after admitting he supplied falsified income documents to lenders in eight mortgage applications.

Vancouver-area home sales up nearly 10% in June amid broad increase in demand: board

Vancouver’s real estate board says the region saw increased activity in June as demand for all home types rose compared with the same month last year.

REITs, government, or you: Who could buy B.C.’s empty new condos?

With government eying more than 4,000 empty, newly built condominiums in the Metro Vancouver area, the question of who will buy them in the end is still unclear.

Poilievre asks Parliament to probe B.C. 'condo bailout' blocking 'a price correction'

Conservative Leader Pierre Poilievre is calling on Parliament to probe Ottawa’s proposal to convert unsold condominium units in British Columbia into affordable housing.