BC Real Estate
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Nearly 10% of B.C. homeowners in 2020 were investor-occupants, eclipsing 4 other provincesInvestor-occupants made up 2.5 per cent of New Brunswick's homeowners, 1.8 per cent in Nova Scotia, 0.8 per cent in Ontario and 0.7 per cent in Manitoba.EconomyMay 23
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Vancouver’s April home sales down 16.5% from a year ago, says real estate boardThe Real Estate Board of Greater Vancouver says April home sales slid 16.5 per cent from a year ago as new listings remained below historical norms.EconomyMay 2
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Construction stable in Vancouver last year, but seller’s market is returning: RealtorsIn a housing supply report published Wednesday, the Canada Mortgage and Housing Corporation said work on 25,983 new units began last year, down 30 units from 2021.EconomyApr 19
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Cost concessions needed to build enough houses to meet B.C. demand, say real estate groupsMore than 1,200 people, including developers, building owners and investors attended the Vancouver Real Estate Forum on Wednesday.PoliticsApr 5
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Housing summit for B.C. municipalities begins day after premier lays out multibillion-dollar planThe summit will explore regulation of short-term rentals, local financing opportunities, rezoning, supply-boosting, speculation challenges, homelessness, and more.PoliticsApr 4
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Unprecedented construction needed in B.C. to offset record immigration: ReportThe province must build 25 per cent more new homes than usual for the next five years to address deteriorating housing affordability, the B.C. Real Estate Association said.PoliticsMar 28
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B.C. falling behind on new housing starts, provincial budget suggestsThe NDP's latest three year fiscal plan showed 46,721 new housing starts in B.C. last year, but projected a 16.5 per cent decrease this year to just 39,033 starts.PoliticsMar 2
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Why B.C. man drives a Tesla but lives in a vanLucas Philips is one of many Vancouverites who avoid the city's sky-high housing costs by living in vans, trailers and other recreational vehicles parked across the city.MoneyJan 6
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B.C. property assessments up despite softening marketBC Assessment's latest valuations have pegged home values at five to 15 per cent higher than last year, despite real estate sales and prices slumping across the province.EconomyJan 3
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As foreign homebuyer ban takes effect, experts expect little change in B.C.The new measure, which took effect on Jan. 1, 2023, bars most non-residents and foreign commercial enterprises from buying residential properties in Canada for the next two years.EconomyJan 2
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