Author: admin
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Vancouver: Rent Affordability in Canada
A recent report has identified the cheapest Canadian cities for renters. The report was considering factors like: Rent WiFi speeds Cafés Access to national parks Avg temperatures
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City of Vancouver’s New Tool to Build Laneway Homes
The City of Vancouver introduced the Project Requirements Exploration Tool to expedite permitting times for laneway houses.The tool is part of the city's broader plan to accelerate permit approvals for housing projects and increase housing supply. Laneway houses are detached homes facing alleys, aiming to add rental units in low-density neighborhoods, with ~5K existing in…
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Did You Know This Vancouver Homeownership Method?
Co-ownership, a novel approach, transforms homeownership challenges with collaborative property investment.Splitting the cost of a detached home among 2 groups makes homeownership feasible for more people. CoHo BC organizes property tours, allowing potential co-owners to assess homes and compatibility with each other.
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120 rental homes to be built next to Tupper Secondary School in Vancouver
Ventana Construction Corporation and GBL Architects have applied for a development permit to redevelop seven houses into 125 rental homes near Sir Charles Tupper Secondary School in Vancouver. The development will include a five-storey apartment building and a three-storey townhouse building. The units will consist of studios, one-bedroom, two-bedroom, and three-bedroom units. The site will…
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Vancouver housing market posts strong sales, new listings growth
Vancouver housing market posts strong sales, new listings growth Continue to full article
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Construction-Ready Vacant Land Is Scarce in Toronto and Vancouver
Land availability for construction-ready vacant land is limited in Toronto and Vancouver. In Toronto, residential vacant land accounts for 14.3% of the Census Metropolitan Area land, with 33.3% of it in the city core. Vancouver has only 4.5% of the CMA as residential vacant land, dropping to just 0.3% in the city core.
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In Vancouver, Buyers Wait While Sellers Struggle
In the Vancouver Real Estate market, neither buyers nor sellers currently have a clear advantage, leading to frustration among both parties.Buyers may return to the market when interest rates drop, creating a rush for more affordable financing. The reluctance to make a move has been attributed to low inventory, with sellers choosing to hold.
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Vancouver Condo Investors Hesitate Due to Weak Demand
Condo investors in Vancouver are holding onto their properties despite high carrying costs because there are few takers if they try to sell.Potential sellers are choosing to put their properties back on the rental market instead of selling because of limited demand from buyers.However, some are considering selling even if the property's value has decreased…
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Could more housing density be coming to Vancouver’s wealthy Shaughnessy neighbourhood?
Vancouver city councillor Christine Boyle plans to introduce a motion to add more housing, shops, and services in the wealthy Shaughnessy neighborhood. Despite current zoning allowing for more density, Boyle believes the current approach isn't working and wants to explore options for more rental and family-sized housing. However, some residents argue that the motion is…
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Metro Vancouver Construction Fee Review
Federal Housing Minister, won't withhold subsidies to municipalities, despite increased construction fees.Concerns have been raised about the substantial hike in fees for market rental housing construction projects. Metro Vancouver faces funding challenges to support growth-related infrastructure, such as sewer and water treatment facilities.