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More rental housing development needed despite recent rise: RBC economist

More rental housing development needed despite recent rise: RBC economist

Rental housing construction in Canada has picked up significantly and is expected to keep growing this year, according to a new RBC report. However, the report says more supply is needed to fill the backlog of demand.
Â鶹´«Ã½Ó³»­home sales fall 19 per cent in June as inventory continues to build: board

Â鶹´«Ã½Ó³»­home sales fall 19 per cent in June as inventory continues to build: board

VANCOUVER — Greater Vancouver's real estate board says the number of homes sold in June tumbled 19.1 per cent from the previous year as inventory continued accumulating to levels not seen since the spring of 2019.
The rent vs. buy debate in the Canadian housing market

The rent vs. buy debate in the Canadian housing market

Money.ca explains the pros and cons of renting and owning property in Canada.
First Nations stake claim to 300 acres of Crown land in Surrey

First Nations stake claim to 300 acres of Crown land in Surrey

Future use of industrial-zoned land yet to be determined
B.C. Housing Minister Ravi Kahlon blasts West Â鶹´«Ã½Ó³»­for missing targets

B.C. Housing Minister Ravi Kahlon blasts West Â鶹´«Ã½Ó³»­for missing targets

‘Please don’t portray us as a group of people who are opposed to housing,’ Mayor Mark Sager says in response to recent criticism from the provincial government
Developer sued for allegedly building studios, not one-bedrooms

Developer sued for allegedly building studios, not one-bedrooms

Voyce Cambie Development allegedly intended to build one-bedroom units but "discovered that this was not possible" so it built studios instead.
Images: 20-storey residential tower proposed for East Â鶹´«Ã½Ó³»­site

Images: 20-storey residential tower proposed for East Â鶹´«Ã½Ó³»­site

The redeveloped property will have 138 residential rental units, compared to the current 55-year-old apartment building with 32.
B.C. homes and businesses to be eligible for rebates for rooftop solar systems

B.C. homes and businesses to be eligible for rebates for rooftop solar systems

RICHMOND, B.C. — British Columbia's public power utility says for the first time it will provide rebates for the installation of rooftop solar and battery storage systems for residents and businesses.
'What if we say no?': Burnaby defies B.C.'s transit-oriented housing laws

'What if we say no?': Burnaby defies B.C.'s transit-oriented housing laws

New provincial legislation requires B.C. cities to allow taller buildings near transit hubs by June 30. Burnaby won't comply.
Data Points: B.C. residential building permit issuances reach $2.1B record value

Data Points: B.C. residential building permit issuances reach $2.1B record value

Record residential permits, interest rate cuts expected to fuel growth