Browsing Tag

housing

HAVAN meets with MLAs to Expedite Building Permits and Processes

Building Dec 6, 2019

Why is building new housing so difficult in British Columbia? Part of the complexity lies in the approval process, at both the municipal and the provincial levels, according to the Homebuilders Association Vancouver (HAVAN).…

Real Estate

November home sales in Vancouver roughly in line with 10 year average

The Canadian Press Dec 3, 2019

The Real Estate Board of Greater Vancouver says home sales returned to around historically typical levels in November after a quieter first half of the year.The board says 2,498 homes sold in the month for a 55.3 per cent increase…

Real Estate

Empty homes tax increase to be phased in over three years in Vancouver

The Canadian Press Dec 2, 2019

VANCOUVER — The City of Vancouver will be raising its empty homes tax by 25 per cent for each of the next three years in an effort to tackle a crisis in the lack of long-term rental housing.Mayor Kennedy Stewart says he has directed…

Real Estate

Canadian Home Prices Expected to Increase in 2020

Building Dec 2, 2019

The RE/MAX 2020 Housing Market Outlook Report forecasts the highs and lows of the Canadian housing market will level out in 2020 with an estimated 3.7 per-cent increase in the average residential sales price.Most individual markets…

Real Estate

New Home Market Sales Increase in October: BILD Report

Building Nov 29, 2019

The Building Industry and Land Development Association (BILD) reports single-family home sales (excluding stacked townhouses) were up 178 per cent from last October’s near-record low with the 10-year average, according to Altus Group,…

Real Estate

Growing population, declining mortgage rates speed up B.C. housing recovery

Dirk Meissner – THE CANADIAN PRESS Nov 25, 2019

VICTORIA – Housing sales in British Columbia are climbing faster than anticipated after a downturn, but a rebound won't be as inflamed as the sellers' market two years ago, says a report released Monday by Central 1 Credit Union.…

Real Estate

Changes to B.C. building code address secondary suites, energy efficiency

The Canadian Press Nov 22, 2019

VICTORIA – The British Columbia government has announced changes to the building code that expand options for secondary suites in multi-family buildings.The change will give local governments the choice to allow secondary suites in…

Real Estate

Toronto Ontario Airbnb tribunal upholds Toronto rules on short term rentals city

Ian Bickis – THE CANADIAN PRESS Nov 18, 2019

TORONTO – An Ontario tribunal has upheld rules passed by the City of Toronto on short-term rentals like Airbnb.The Local Planning Appeal Tribunal said in a ruling released Monday that it has dismissed an appeal by several residents who…

Urban Planning

What a minority government could mean for affordable housing in Canada

Carolyn Whitzman, University of Ottawa Nov 14, 2019

An aerial view of houses in Oshawa, Ont. is shown in November 2017. Canada’s minority government could result in progress on affordable housing. THE CANADIAN PRESS/Lars Hagberg Along with climate change, affordable housing was one of the…

Real Estate

Number of Short Term Rentals Down in Vancouver After One Year of Regulations

The Canadian Press Nov 11, 2019

VANCOUVER — The City of Vancouver says its efforts to regulate short-term rental units and bring more long-term rental options back into the pricey housing market are working.The number of long-term rental business licenses have…

1 2 3 … 15 Next