Category: Uncategorized
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Nearly 250 rental homes underway in Township of Langley
Construction has begun on nearly 250 rental homes in Langley Township at two sites, supported by BC Builds to fast-track housing for middle-income residents. The Aldergrove site will offer 128 homes with a library and community spaces, while Willoughby will have 118 homes with rooftop amenities. Seventy percent of units will be market rate, and…
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Canadian Home Sales: Continued Strength & Growth
Slide 1: Canadian home sales rose 3.8% in July, marking a fourth straight monthly increase. Slide 2: Year-over-year sales jumped 6.6%, showing strong buyer interest despite tariffs and uncertainty. Slide 3: Home prices remained mostly steady, but slipped 3.4% compared to last year. Slide 4: New listings fell slightly by 2.9%, raising the sales-to-new-listings ratio…
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How Modern Windows Are Boosting BC Home Values
Slide 1: BC homebuyers favor energy-efficient, modern windows that enhance comfort, style, and long-term savings. Slide 2: Outdated or foggy windows signal hidden costs, deterring buyers and lowering offers. Slide 3: Vinyl frames, sleek black finishes, and smooth operation attract buyers seeking low-maintenance homes. Slide 4: Custom-sized, large windows brighten rooms, improve views, and create…
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‘It’s practical common sense’: Metro Vancouver can’t solve cost-of-living crisis without addressing the cost of getting around
In Metro Vancouver, transportation costs often exceed housing expenses, especially in suburbs lacking rapid transit. Households with fewer cars spend significantly less on transportation. Expanding affordable public transit, particularly bus rapid transit with dedicated lanes, is seen as a practical way to reduce overall living costs. Prioritizing housing near transit and increasing rental options can…
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3M New Homes Needed by 2035 to Close Housing Gap
PBO: 3.2M net new units needed by 2035 to close housing gap Annual construction must exceed 2024's record of 276,000 units for 11 years Household formation peaked at 482,000 in 2024, projected to drop below 176,000 avg. until 2030 Meeting ambitious targets could mean 5.3 million units, risking high vacancy and empty homes. More homes…
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औसत मांग किराया देशभर में 3.6% और ब्रिटिश कोलंबिया में 4.5% घटा
कनाडा में औसत मांग किराया 3.6% गिरकर अब $2,121 हो गया है—जो तीन साल पहले की तुलना में 11% अधिक है, लेकिन पिछले साल से $80 कम है। ब्रिटिश कोलंबिया में किराया 4.5% घटकर $2,496 पर आ गया। एक बेडरूम का किराया 4.6%, दो बेडरूम 3.5%, तीन बेडरूम 1.9% और स्टूडियो 0.6% कम हुआ। पिछले…
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4-Year Outlook for Canada’s Housing Market
2025: Prices expected to drop 2%, as trade tensions and high borrowing costs suppress buyer confidence and slow demand. 2026: Market likely to remain flat, with recovery hinging on deeper rate cuts and improving affordability. 2027: Forecasts show a modest rebound, with prices climbing about 3% as conditions stabilize. 2028: Outlook points to steady growth,…
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Check out this open house Listing Address: 41 19696 HAMMOND ROAD, Pitt Meadows BC V3Y 0G7
Welcome to Bonson by Mosaic – a modern, move-in ready home in one of Pitt Meadows' most sought-after family-friendly neighborhoods! 5 years old , this beautifully maintained 3-bedroom,3-bathroom townhome features 10-foot ceilings, oversized windows that flood the space with natural light, new laminate flooring on the ground level and stairs, and fresh paint throughout. full-size…
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Here’s the latest North Delta real estate stats
The Fraser Valley real estate market favors buyers with abundant inventory, softer prices, and more time to decide. Home sales dropped over 20% from the previous month and 13% year-over-year, remaining 36% below the 10-year average. Benchmark prices for single-detached homes, townhouses, and condos in North Delta declined compared to last year, encouraging more buyers…
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RBC Forecasts Relief Ahead as Canadian Rents Continue to Ease
Rents fell in half of Canada’s major cities, with Toronto and Vancouver seeing average two-bedroom prices drop by $160–$270 yearly. Weak labour markets, especially in Ontario’s manufacturing regions, are driving renters to double up, move home, or leave the market entirely. Lower immigration and rising rental supply are further reducing demand, pushing landlords to offer…