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Metro Vancouver ‘toughest’ rental market in Canada, says CMHC

Metro Vancouver ‘toughest’ rental market in Canada, says CMHC

High immigration levels, mortgage prices keeping would-be homebuyers in rental units.
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Vancouver luxury buyers draw bead on single-family homes, says Sotheby’s

Vancouver luxury buyers draw bead on single-family homes, says Sotheby’s

Activity picked up in the second half of last year as buyers shifted their preference to detached homes.
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Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC

Rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since the Canada Mortgage and Housing Corp. began tracking that data in 1988.
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Densification potential underpins sale of Surrey shopping centre

Densification potential underpins sale of Surrey shopping centre

Development potential outweighs impact of high borrowing costs
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B.C. municipalities seek fresh ways to address planning delays

B.C. municipalities seek fresh ways to address planning delays

New development taxes, technology, consultants considered
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Home staging companies forced to adapt as sellers pull back in slow housing market

Home staging companies forced to adapt as sellers pull back in slow housing market

TORONTO — One walk through a home tells Rachael Stafford what adjustments are needed to pique the interest of potential buyers.
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City of North Van borrows $50M to fast-track Neighbourhood House, affordable housing tower

City of North Van borrows $50M to fast-track Neighbourhood House, affordable housing tower

Taking on debt now will make the project cheaper and deliver new homes faster, council says
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Has an exodus of B.C. residents lowered Metro Vancouver rent prices?

Has an exodus of B.C. residents lowered Metro Vancouver rent prices?

Rental prices in Vancouver did not slow down just because some of its locals left.
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Cap on student visas should help take pressure off soaring rents, Macklem says

Cap on student visas should help take pressure off soaring rents, Macklem says

OTTAWA — As the debate rages on about how to tackle rapidly rising housing costs, Bank of Canada governor Tiff Macklem says the newly announced cap on international student enrolments should help ease rent price inflation.
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Relief on tap for rising construction costs: Altus Group

Relief on tap for rising construction costs: Altus Group

Upward pressure could resume later this year as business investment increases
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