Category: Uncategorized
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Vancouver Forecasts ~34K Homes by 2028
Vancouver aims to complete ~34K units by 2028, surpassing the 28,900-unit provincial target. The city’s development pipeline includes 58K units, with ~19K approved and ~14K under construction.
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Here are the top 10 cheapest neighbourhoods to rent in Vancouver
Vancouver remains Canada's third-most-expensive rental market in January 2025, with average rents for one-bedroom units at $2,490 and two-bedroom units at $3,262. West Vancouver leads in high costs, averaging $3,624 for one-bedroom rentals. However, some neighborhoods offer more affordable options. Sunset-Victoria Fraserview has the lowest average rent at $1,976, followed by Marpole at $2,072 and…
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Check out this open house Listing Address: 23936 KANAKA Maple Ridge, British Columbia V2W0H7
NO STRATA FEES, which means NO STRATA RULES for this Executive style Row home, built by award-winning Foxridge Homes. This spacious and bright 4 bdrm plus bonus flex room/office offers a great layout, including a gourmet kitchen with quartz countertops, top-of-the-line stainless steel appliances (replaced in 2021) and deluxe cabinetry. Open concept living with main…
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Vancouver Tops North America in Quality of Life
Vancouver ranks 7th globally for quality of life, leading North American cities in 2024. The city’s quality of life is shaped by its temperate climate, outdoor recreation, and urban amenities.
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Check out my new listing Address: 23936 KANAKA Maple Ridge, British Columbia V2W0H7
NO STRATA FEES, which means NO STRATA RULES for this Executive style Row home, built by award-winning Foxridge Homes. This spacious and bright 4 bdrm plus bonus flex room/office offers a great layout, including a gourmet kitchen with quartz countertops, top-of-the-line stainless steel appliances (replaced in 2021) and deluxe cabinetry. Open concept living with main…
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Huge rent gap between cheapest, most expensive Vancouver neighbourhoods
A new rent report highlights significant disparities in rental costs across Metro Vancouver. It reveals that Vancouver hosts four of the five priciest cities in Canada, with Downtown Vancouver being the most expensive neighborhood at $2,782/month, while Sunset-Victoria Fraserview is the cheapest at $1,976. The average rent for an unfurnished one-bedroom has decreased slightly to…
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Vancouver Condo Market: Buyer’s Window Closing
Vancouver's condo market currently favours buyers, but rising demand could shift conditions by 2026. Limited pre-sale activity and slow construction will lead to a severe condo supply shortage by 2026.
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Vancouver rents dip for second year, report finds
Average rents in Vancouver decreased in December, with a one-bedroom apartment costing $2,512, down 7% from last year, and a two-bedroom unit averaging $3,430, a 6.3% drop. Overall, the average rent across all property types was $2,882, a 6% decline year-over-year. The national average rent was $2,109, marking a 17-month low. Increased supply and weakened…
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Vancouver’s Homebuying Surge Continues in Mid-Q4
Greater Vancouver sales: 2,166 homes ↑ 27.6% yearly Fraser Valley sales: 1,136 homes ↑ 27.5% yearly Listings & Active Inventory Greater Vancouver: 3,725 new listings ↑ Total active listings: 13,245 ↑ Fraser Valley: 2,637 new listings ↑ Total active listings: 8,125 ↑
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Metro Vancouver considering reducing fees for new rental housing
Metro Vancouver Regional District is considering waiving or reducing development fees for new affordable rental housing projects. This policy could increase the number of affordable units by 281 to 361 annually from 2025 to 2034 and lower rents by 4% to 4.4%. A broader waiver might boost below-market rental units by 5.3% to 6.7%. However,…