InsideVan - March 19 - what's happening in Metro Vancouver

Apex released

Denna Homes recently unveiled its crowning glory – the Denna Collection in North Shore’s Seylynn Village and the release of the Apex. Taking luxury to a whole new level, the Apex is the newest showstopper, rising high above Burrard inlet and set within the Lynn Creek neighbourhood. Featuring four penthouses, a limited number of two-level Jewel Box sky homes, and 36 executive-style residences located between the 26th and 31st floors.

Construction of show homes begins at CREST

Epic Homes has officially started construction on the first show homes at CREST, the first phase of Kanaka Springs. The foundations are being poured and prepared for the framing stage to begin. This highly anticipated enclave of single-family homes is situated under the backdrop of Kanaka Creek Regional Park. Surrounded by more than 20 acres of dedicated environmental space and linked to 1.2 km of connective neighbourhood trail systems, this new community will feature single-family homes with modern farmhouse architecture with splashes of bold colours and offer a broad range of home styles and features. Check these pages to find out when the show homes will be open for viewing.

HAVAN young professional event

The Homebuilders’ Association Vancouver (HAVAN) is hosting the Outing at One Under: Bar & Golf Simulator on Wed., March 23.Organized by the Young Professional Committee (formerly the U40 Committee), there will be a 50/50 draw, with money going to support the Canadian Red Cross and Ukraine Humanitarian Crisis Appeal. To find out more, go to havan.ca/events/outing-at-one-under

Live in the Rail District

Infinity Group’s master-planned community, the Rail District in Central Abbotsford, will blend an urban lifestyle with laid-back Valley charm. Situated on the property of the former Clayburn Brick plant, the 19-acre Rail District will be in the heart of the historic Downtown Abby. Visit raildistrict.ca to learn more.

Benchmark interest rate increase and you

On March 2, the Bank of Canada raised the benchmark interest rate by a quarter percentage (.25 basis points) to 0.50 per cent. How does that affect prospective buyers? Patrick Francey, CEO of the Real Estate Investment Network (REIN), says the hike is only “a small piece of the puzzle. The uncertainty around the world, price fatigue and other variables play a bigger role in people’s decision to buy.”

Did you know?

Developers are looking to revitalize one of downtown Victoria’s heritage buildings for mixed-use. Reliance Properties has proposed to renovate the BC Power Commission Building into a 77-room hotel, with a new 102-unit, 18-storey residential tower soaring directly above for a total of 22-storeys