Category: Uncategorized
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Vancouver Rents Remain Among Canada’s Priciest
A new report reveals Vancouver boasts some of the highest rents in Canada despite a slight yearly decrease in one-bedroom prices.Average price for a one-bedroom, unfurnished apartment in Vancouver is $2,663, representing a 4% decrease yearly.
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City of Vancouver sees slow start in meeting provincial housing targets
City of Vancouver is falling short of the provincial government's housing supply targets, with only 1,607 units completed in the first six months, below the target of 5,202. The completion rate is expected to increase due to recent policy changes. The city has over 31,000 units in various stages of application, exceeding the five-year target…
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Bank of Canada cuts key rate for first time in more than 4 years
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Vancouver Apartment Rents See First Dip in Years
Vancouver has the most expensive rent for 1-bedroom units in Canada, despite a slight decrease this year.The avg rent for a 1-bedroom unit in Vancouver is $2,633, ↓ 4% yearly from $2,743.
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BC Housing Targets: North Vancouver on the Nice List
North Vancouver City was included in a list of 20 municipalities designated for provincial housing targets. Historically, this list has targeted slow-approvers of new housing density.
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New Home Buyer? Expert Tips!
Schedule walk-throughs at key construction phases to ensure correct installation. Avoid escalation clauses to lock in agreed-upon home prices.
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Report shows City of Vancouver’s struggle to meet annual housing goals
Vancouver is falling short of its goal to create 2,500 housing units per year, with only 1,500 units built in 2023. The city aims to construct 2,500 units annually for the next decade, with 1,000 of them being affordable housing. Rising housing costs have contributed to a growing homeless population in the city. Continue to…
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Happy Father’s Day
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of…
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Vancouver won’t hit low-rent housing targets without help: Report
Vancouver has only built 11 of the 1,500 below-market units requested by the province due to lack of funding. Additional investments are needed from the provincial and federal governments to meet housing targets. The city's grant programs and B.C. Housing funds are insufficient. Other municipalities are also falling short on housing targets set by the…
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Mixed-use developments diversify as demands increase
Developers are focusing on creating mixed-use buildings to accommodate a variety of office users in urban environments. New industrial zoning in Vancouver allows for a mix of office and industrial spaces, promoting vibrant urban communities. Projects like Marine Landing and Capital Iron lands are examples of this trend, combining industrial, office, and residential spaces to…