Mindblown: a blog about philosophy.
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Federal government invests in 4894 affordable homes in Vancouver
The federal government announced over $197.2 million in funding through the Affordable Housing Fund to build and repair 4910 affordable homes in Vancouver. The funding includes a $22.8 million contribution and low-interest loan for the Ashley Mar Housing Co-operative, creating 125 adaptable homes with indoor and outdoor amenities. The Affordable Housing Fund supports projects prioritizing…
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Office space conversions on the rise in Vancouver
Vacancy rate in Metro Vancouver rises to 9.7% in the second quarter of 2024, marking a second consecutive increase. Vancouver's downtown struggles with a 10.8% vacancy rate, while suburbs have 8.4%. Office space under development decreased from 6.2 million to 1.1 million square feet, with a shift towards residential or hotel conversions mid-construction. National office…
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Check out this open house Listing Address: 901 4650 BRENTWOOD BOULEVARD
PERFECT LOCATION! AMAZING BRENTWOOD THREE by Shape Properties! Super functional 2 bedroom and 2 bathroom suite with absolutely no wasted space. Appreciate the gourmet kitchen with sleek integrated Bosch appliances, custom European cabinetry, ample storage, stone counters and marble backsplash. This home features 9' ceilings, floor to ceiling windows, roller blinds throughout and durable designer…
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Vancouver Ranked Among Least Affordable Cities in the World
Vancouver has been ranked one of the least affordable housing markets in the world for the past 16-yr. The Demographia International Housing Affordability Report ranked Vancouver as the 3rd least affordable housing market, behind Hong Kong and Sydney.
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How The City Of Vancouver Can Speed Up Its Development Approval Process
Vancouver developers express frustration over slow rezoning applications and development permits approval process. The city has improved permit processing times for some housing types but struggles with multi-family projects. Developers propose merging rezoning and permit processes to expedite approvals. The city is considering concurrent processes to shorten timelines. New legislation permitting fees without rezoning may…
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Vancouver Real Estate Sees Record Inventory Surge
Greater Vancouver Real Estate’s predicted Spring boom looks like a bust, with minimal price movements in May.Home prices in Greater Vancouver ↑ 0.5% MoM and ↑ 2.3% yearly to $1.2M.
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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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Check out my listing Address: 7238 189th St #2X
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Check out my new listing Address: 901 4650 BRENTWOOD BOULEVARD
PERFECT LOCATION! AMAZING BRENTWOOD THREE by Shape Properties! Super functional 2 bedroom and 2 bathroom suite with absolutely no wasted space. Appreciate the gourmet kitchen with sleek integrated Bosch appliances, custom European cabinetry, ample storage, stone counters and marble backsplash. This home features 9' ceilings, floor to ceiling windows, roller blinds throughout and durable designer…
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Vancouver home sales fall
Greater Vancouver's real estate board reported a 19.1% drop in home sales in June compared to last year, with inventory levels not seen since 2019. Metro Vancouver saw a 42% increase in homes listed for sale. Calgary also experienced a 12.8% decrease in home sales, with prices up 8.5% from last year. The U.S. economy…
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