Author: admin
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Vancouver announces housing development acceleration plan
The City of Vancouver aims to approve 83,000 new homes in the next decade, a 15% increase from previous targets. The updated plan includes 74% new homes for renters, 15,500 below-market rate homes, and 40% suitable for families. A Three-year Action Plan will implement over 50 actions, such as creating the city's first Official Development…
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Rent Decreases Only in Vancouver This Year
Vancouver's rent prices are doing something different than other major cities in Canada. Vancouver is the only city among the top 10 most expensive where rent prices decreased yearly.
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Vancouver Eco-Friendly Timber Towers to Soar Higher
Vancouver council approved changes to building rules, allowing mass-timber buildings up to 18 storeys.Mass-timber construction, using engineered timber components, replaces concrete and steel.
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Higher sales in June bring hope to Vancouver’s housing market
RBC reports a 5% sales increase in Vancouver's real estate market in June compared to May. It will take two more months to confirm if there's a true market rebound. Listings grew by 7% from last year, while home resales dropped by -19.1%. Multi-unit dwellings helped stabilize costs, with most new listings being medium to…
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Vancouver Far Behind on Building New Homes
Vancouver is falling short of provincial housing targets. The city needs to complete 29K new residential units by 2028.
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Vancouver Property Tax Hike Debate: 7% vs. 5.5%
Vancouver City staff proposes a 7% property tax increase for 2025 to maintain current services. The Mayor wants to limit the increase to 5.5% and find cost savings to offset the difference.
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Vancouver drops below Calgary in world’s most livable cities
Vancouver drops to seventh while Calgary rises to fifth in the Economist Intelligence Unit livability rankings. Vancouver's lower score is attributed to an acute housing crisis affecting infrastructure. Calgary outperforms Vancouver in stability and infrastructure, with lower housing costs. Vancouver excels in culture and environment metrics. Despite the ranking change, Vancouver still performs well globally…
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Check out this open house Listing Address: 605 4134 MAYWOOD STREET
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Check out this open house Listing Address: PH609 53 W HASTINGS STREET
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Vancouver Staff Oppose First Right to Buy by Law
Vancouver City staff advise against a bylaw giving the city first right to buy properties.Proposed "pre-emptive right bylaw" requires property owners to offer sales to the city first.