Category: Uncategorized
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FEDERAL GOVERNMENT PROVIDES OVER $15 MILLION FOR NEW RENTAL HOMES IN VANCOUVER
The federal government has announced $15.2 million in funding to build 36 rental homes in Vancouver, provided as a low-interest loan through the Apartment Construction Loan Program. Located at 1037 West King Edward, Shaughnessy Gardens features a mix of one-, two-, and three-bedroom units and is fully occupied. This initiative aims to address the growing…
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Vancouver’s $15.5M Fund to Revamp Home Energy
Vancouver's $15.5M investment will revolutionize energy efficiency for 420 homes through a major funding boost. The funding aims to implement deep energy retrofits to enhance efficiency and extend building lifespans.
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Vancouver’s Rental Prices Fall: What’s Behind It?
Vancouver remains Canada's most expensive rental city, with an average rent of $2,896 per month. Vancouver's rental prices declined 5.2% annually, reflecting a broader softening in the market.
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Pricey Vancouver is becoming even less popular with renters
Vancouver has fallen to 23rd place out of 25 cities in Canada for renters, according to a RentCafe report, dropping two spots since the last ranking. The city received a rental score of 48.63, while Winnipeg scored 100, making it the top-ranked city. RentCafe notes a trend of renters exploring smaller cities and suburban areas…
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Vancouver Tenants: Is Eviction Battle Harder?
Renters in Vancouver face escalating challenges with evictions, with timelines growing tighter and less fair. Eviction hearings are now faster, leaving tenants limited time to gather crucial evidence before hearings.
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Metro Vancouver Board Explores Cost-Cutting Measures
Metro Vancouver board reviews cost-cutting options amid financial strain while aiming to keep rates affordable.Proposed cuts include zero waste programs, housing funds, and emissions regulations, but not board salaries yet.
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Vancouver Resale Market: 8.8% Sales Surge
Vancouver’s resale market started strong in Early-Q1 2025, with an 8.8% yearly increase in home sales. New listings surged by 46.9%, bringing the total active listings to 11,494, significantly above the 10-yr average.
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Toronto & Vancouver Real Estate Demand Is Amongst The Weakest In Canada
Canadian real estate markets began the year with weak demand, as indicated by the sales to new listings ratio (SNLR), which fell to 41.0% in January, the lowest since 2019. New listings surged, outpacing home sales significantly. While some smaller markets like Thunder Bay and Saint John showed stronger ratios, major markets like Greater Vancouver…
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Vancouver’s Retail Real Estate Market Stays Strong
Vancouver’s retail Real Estate market remains stable in 2025, with urban vacancy at 3.4% and suburban at 0.7%. New retail developments are limited, as ↓ 14% in housing starts restricts commercial space availability.
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Happy St. Patrick’s Day
St Patrick's Day is the day we all turn a bit Irish. 13 million pints of Guinness are consumed worldwide on St. Patrick's Day. Green is now the traditional color of St. Patrick's Day.