Category: Uncategorized
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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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Check out my listing Address: 172X Cook St
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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 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.
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Buying in Vancouver Got Slightly Easier: Required Income Down
A recent report indicates a slight ↓ MoM in the income needed to purchase an avg home in Vancouver. Vancouver's avg home now demands $232K annually.
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STR Rules Drive Mid-Q2 Vancouver Rent Prices Dip!
Rent for 1-bed unfurnished apartments ↓ 0.3% to $2,367/mo, while furnished ones ↓ 8.1% to $2,523. Langley offers the cheapest rental housing for 1-bed homes at $1,983.
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Vancouver Squeeze: Can the City Keep Up?
Vancouver needs to build 2,500 new homes each year for the next 10-yr to meet housing demand. At least 1K of these new units should be affordable housing for low-income residents.
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Check out my new listing Address: 172X Cook St