housing affordability

Thirty nine units of temporary modular housing approved for Powell Street

The City of Vancouver's Director of Planning has approved the development permit for the construction of temporary modular housing at 525 Powell Street (formerly 501 Powell St.). The...

Declining Vancouver is stuck— we need more housing supply

In “The Decline of Vancouver,” I described how out of control housing prices were caused by unfettered foreign capital entering Vancouver’s real estate market and the special interests who sought to...

CMHC raises red flag about housing, cites spillover from Toronto, Vancouver

The head of the federal housing agency is raising a red flag about the state of Canada's real estate sector, saying affordability concerns have spilled over from the country's two most expensive...
Vancouver home for sale

Vancouver has record decline in housing affordability in first half of 2016: RBC

Royal Bank says the first half of this year marked the biggest six-month drop in housing affordability in the Vancouver area since at least the early 1990s. The bank says its cost-of-ownership...

Vancouver's empty homes not driving affordability crisis, report finds

VANCOUVER — It's a common complaint in Vancouver's real estate market: investors are buying homes and letting them sit empty, driving up housing prices and leaving some neighbourhoods nearly...

20 per cent of condo sales went to foreigners in 2015 - CMHC (kind of)

Roughly 1600 condos were sold to foreigners in 2015 so far - 20 per cent of all condo sales - and the effect on house prices could be catastrophic.

Gregor Robertson's letter of work and accomplishments

Mayor Gregor Robertson highlights Vision Vancouver's accomplishments and recent work in this letter: In a 9-1 vote last week, City Council passed my motion for city staff to develop a bylaw that...