Category: Uncategorized
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Rental prices continue to drop across Metro Vancouver
Rents in Metro Vancouver dropped 5.9% to an average of $2,830, with shared rents falling nearly 10%, driven by increased apartment supply, slower population growth, and economic uncertainty. North Vancouver remains Canada's priciest rental market at $2,620 for a one-bedroom. Despite recent declines, national rental prices have risen 12% over the past three years. Continue…
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हाउसिंग टारगेट्स से 16,000 से ज्यादा नए घर बने, नई प्राथमिकता वाली कम्युनिटी जोड़ी गई
प्रांत और नगरपालिकाओं ने प्राथमिकता वाली कम्युनिटी में 16,130 नए घर बनाए हैं, जिससे जनसंख्या बढ़ोतरी और घरों की मांग को पूरा किया जा रहा है। अब चौथे ग्रुप में Burnaby और Richmond जैसी कम्युनिटी को भी टारगेट दिया जाएगा ताकि घरों का निर्माण तेज़ हो सके। प्रगति रिपोर्ट्स दिखाती हैं कि कई नगरपालिकाएं मंजूरी…
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BC Urged to Rebalance STR Rules
New short-term rental laws restrict hosts to one principal home and one secondary suite. Tourist towns face accommodation shortages ahead of summer as hotel capacity nears its limit. The 3% vacancy exemption rule is too strict for most tourism-dependent communities to qualify. Proposed changes include exemptions for film, healthcare, strata hotels, and local zoning flexibility.…
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BC Housing Market Set to Reignite in 2026
Sales Dip Expected: MLS® home sales in BC forecast ↓ 1.1% in 2025 due to tariff uncertainty; rebound ↑ 8.8% expected in 2026. Price Trends: Average BC home price projected ↓ 0.9% to $972,800 in 2025, before ↑ 3.2% to $1,004,000 in 2026.
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BC Rents Drop: But 3-Beds Tell Another Story!
B.C.’s average rents fell 2.6% to $2,462. Province-wide apartment rents fell 1.0% to $2,483 yearly
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Homebuyers hold back in Greater Vancouver, while Fraser Valley sees modest bump
In May 2025, Greater Vancouver Realtors (GVR) saw a 26% rise in active listings and a 18.5% year-over-year drop in sales, indicating a balanced market with stable prices but a buyer's edge in single-family homes. Fraser Valley Real Estate Board (FVREB) experienced a 13% sales increase from April but remained below last year, with a…
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What Could Lead the BoC to Hike Rates in 2025?
Will the Bank of Canada hike rates in 2025? The answer likely lies in economic uncertainties and inflation growth. The BoC focuses on growth and inflation control, keeping the target range at 1%-3%.
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A New Chapter in Canadian Housing
Government targets 500K new homes annually, signaling bold action to tackle housing affordability and supply challenges. Proposed incentives like tax exemptions and interest-free loans aim to empower first-time buyers across the country.
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What Follows the Boc’s Rate Cut Pause?
BoC ends 2.25% rate-cutting cycle, citing inflation risks and global trade uncertainty. Unpredictable US tariffs raised inflation fears and made GDP projections unusually difficult.
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Why Is BC Losing 15K Housing Starts?
B.C. experienced a sharp decline: starts fell by 15,400 units to 36,000. The drop may reflect affordability issues, rising costs, and slowing population growth.