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The minimum annual income needed to buy a home in Vancouver has increased to $246,100, according to Ratehub.ca. Despite a small decrease in the average home price, the rise in mortgage rates has caused affordability to worsen. Vancouver has the highest average home price in Canada at $1,208,400, and the median income for an individual…

Vancouver Island condos face high maintenance fees, ranging from $350 to $800 monthly. .

The Vancouver City Council passed a motion to allow for multiplex and character homes to be built on single lots with a maximum of 8 homes. This includes a reduction in the size of single-detached homes but increases the size of laneway houses. The nine RS residential zones have been combined into a new R1-1…

There’s an upward momentum in detached house prices in Toronto, Vancouver and Fraser Valley.

National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice is heard, and every spirit…

Federal minister announces $500M loans for 1.1K rentals in Vancouver. Loan initiative supports rental housing construction catering to vulnerable and middle-class families.

Vancouver's luxury Real Estate market saw increased activity in H1. Ultra-luxury single family home market showed strong improvements in sales and consumer sentiment.

Vancouver home prices rose in July, continuing the upward trend. The avg home price in Vancouver ↑ 0.6% MoM, reaching just over $1.2M. Sales ↑ 28.9% yearly, reaching 2,455 homes sold. Despite the increase, sales remained below the 10-yr seasonal avg of 2,909. New listings in Vancouver ↑ yearly from 3,975 to 4,649 in July…

The Government of Canada has announced nearly $150 million in low-interest loans to build 364 purpose-built rental homes across three developments in Vancouver. This includes 110 rental units for faculty and staff at the University of British Columbia, 136 rental units for faculty and staff at Mundell House and 118 units for Vancouver residents at…