After introducing the Rental Protection Fund, it aims to preserve affordable housing in British Columbia by funding non-profits to acquire existing rental buildings. With an initial $500M pool, the goal […]

Greater Vancouver Realtors report an increase in new listings and home sales in yearly in February.Home sales ↑ 13.5% to 2,070, although this figure remains 23.3% below the 10-yr seasonal […]

British Columbia is experiencing a surge in mortgage and credit card payment delinquencies.This surge is attributed to increased interest rates and inflation, putting financial pressure on households.

More inventory hit the market last month in Metro Vancouver and the Fraser Valley. New listings rose significantly, relieving pressure on buyers. Prices for single-detached houses in Ladner, Tsawwassen, and […]

BC's housing crisis requires building 500K to 700K units by 2030, aiming to restore affordability levels seen in 2003-2004.The need for ~15K housing starts in Vancouver alone over 7-yr was […]

Despite an increase in new listings and home sales in February, sales remain 23.3% below the 10-year seasonal average in Greater Vancouver. The number of home sales rose by 13.5% […]

There was a significant increase in new home listings in Metro Vancouver in February 2024, with a 31% rise year-over-year. The total number of homes listed for sale also increased […]

Consumers in Ontario and British Columbia are struggling with missed payments on mortgages and credit cards due to higher interest rates and inflation. Mortgage delinquency rates have soared in these […]

BC housing costs are expected to rise at a slower rate due to anticipated Bank of Canada interest rate cuts.Economists forecast interest rate decrease to 3.5% by Q4 2024, easing […]

BC Real Estate Association reports ~30% increase in home sales yearly in January, with prices up. 3,979 sales completed in January, averaging $957,909, ↑ ~10% yearly, totaling $3.8B in sales.