Category: Uncategorized
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Funding boost will help local governments deliver homes quicker
B.C. is investing $9 million in the Local Government Development Approvals Program to help municipalities streamline permitting and development approvals, speeding up housing delivery. The program supports projects that improve efficiency, such as digital permitting and updated bylaws. Past funding helped cities like Burnaby and Nanaimo cut approval times significantly. The next intake opens in…
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BC awards more funding support for local home building, despite lagging progress
BC is investing $9 million in the Local Government Development Approvals Program to streamline permitting and speed up housing delivery. This aims to help local governments overcome delays and meet housing needs more efficiently. Despite efforts, only 3 of 10 high-need cities met housing targets in the latest report, highlighting ongoing challenges in meeting provincial…
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How the 2025 Federal Housing Plan Could Impact Your Next Move
Ottawa targets 500,000 new homes per year, reviving large-scale federal involvement in housing construction not seen since the 1970s. The plan introduces GST rebates, tax incentives, shared-equity schemes, and loan support to lower costs and accelerate building. Analysts warn doubling output will be challenging given reliance on private developers and limited social housing contributions. The…
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कनाडा में रियल एस्टेट कीमतें लगभग सर्वकालिक उच्च स्तर पर, ओंटारियो और बीसी को छोड़कर
कनाडा में घरों की कीमतें राष्ट्रीय स्तर पर 19.4% गिरी हैं, जिसका मुख्य कारण ओंटारियो और बीसी में तेज गिरावट है, जबकि अन्य आठ प्रांतों में हाल ही में रिकॉर्ड उच्च स्तर दर्ज किए गए हैं। ओंटारियो और बीसी में यह गिरावट जनसंख्या वृद्धि की धीमी गति के कारण नहीं, बल्कि बढ़ती ब्याज दरों के…
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Canada’s Luxury Housing Outlook 2025–2026
Ultra-luxury demand from wealthy buyers will keep $10M+ property sales resilient despite overall market softness in 2025–2026. Affordability and rate cuts will drive steady luxury sales growth in select Canadian cities through 2026. Economic stability and migration trends support sustained price and sales gains in high-end segments nationwide. High prices and weak buyer confidence will…
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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…