If you’re in the market for a condominium suite with panoramic views and a massive amount of outdoor space, then one high-end project in West Vancouver has the perfect penthouse in mind.

RE/MAX brokers and agents surveyed for a new report said a lack of housing supply hitting the market will continue, leading to challenges for homebuyers and putting more upward pressure on property prices.

The project would bring a mix of housing types including condos, rentals and affordable housing units across several buildings ranging from six to 29 storeys in height.

In North Vancouver’s Lions Gate neighbourhood, a unique collection of townhomes will provide plenty of room for families to grow, just minutes from the North Shore’s best amenity offerings.

While single-family home sales and prices have recovered and then some since the summer, once in-demand condo markets are seeing relatively sluggish activity with price appreciation threatening to turn negative in the coming months.

Vancouver’s Empty Homes Tax (EHT) will be more than twice as high than its 2020 level come the new year.

Townhome living reaches new heights in North Vancouver's Lower Lonsdale community.

Home construction across British Columbia slowed down for the second straight month in October, with builder activity resembling 2020’s low point in April.

But even with a bumpy road ahead, there are reasons to be optimistic.

The project would comprise 140 units including 134 market-rate rentals and six affordable rental units.