British Columbia’s housing market opened 2025 on a different footing than it did a year earlier, as home buying activity slowed while listings and available inventory climbed. 

Sales

In Q1 2024, provincial home sales were on an upswing – 8.9% higher than in Q4 2023 and 0.6% above Q1 2023 levels. By contrast, the first quarter of 2025 saw transactions plunge 13.3% from Q4 2024 and sit 5.1% below...

Secondary suites – self-contained rental units like basement apartments or laneway homes – are a growing trend across Canada. As housing costs have risen, many Canadians are adding legal suites to their homes. Adding a self-contained rental suite can provide you with a steady income stream, but the benefits extend well beyond monthly rent. By renovating your basement or other suitable area of your home,...

Guelph City Council has approved two complementary policy changes designed to accelerate high-rise development in the city’s primary growth corridors—Downtown and the Stone Road/Edinburgh Road area—while protecting heritage assets and streamlining approvals. 

On April 10, 2025, Council enacted an Official Plan Amendment allowing up to 24 storeys in strategically selected peripheral blocks of the...