Housing

Liberal Leader Justin Trudeau makes a campaign stop in Hamilton, Ont., on Tuesday, Aug 24, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Real estate industry worried Liberal housing plan won’t alleviate supply issues

‘It’s like saying, ‘come on in my store it’s 100 per cent off, but I don’t have any inventory’

 

New homes are built in a housing construction development in the west end of Ottawa on Thursday, May 6, 2021. Parliament’s budget watchdog says the government is falling short of its aim of vastly expanding Canada’s affordable housing stock despite a spending ramp-up in the hundreds of millions of dollars. THE CANADIAN PRESS/Sean Kilpatrick

Canada’s housing strategy having ‘limited’ impact on housing need, watchdog says

Government is falling short of its aim to vastly expand Canada’s affordable housing stock

 

Despite overwhelming support at a July 26 public hearing, UNITI’s Harmony project, proposed for the 15100-block of 20 Avenue, was defeated. (File photo/Jack Hundial Facebook photo)

South Surrey inclusive-housing project defeated

Early morning council decision ‘devastating’: Tennant

 

South Surrey interior designer Madelaine Sloback and her husband are doing a full renovation of their new home – and documenting the process through a new YouTube video series. (D/Vision photo)

South Surrey interior designer documents home renovation through YouTube series

Madeleine Sloback and husband renovating 1,600 sq.-ft. rancher after move from Vancouver

South Surrey interior designer Madelaine Sloback and her husband are doing a full renovation of their new home – and documenting the process through a new YouTube video series. (D/Vision photo)
Students make a “tiny home” sign with their hands as part of the Tiny Home Challenge at John Paul II Catholic School. (ELENA RARDON / ALBERNI VALLEY NEWS)

Vancouver Island school gets visit from Netflix show hosts for tiny home competition

Pilot Tiny Home elective was offered for Grades 4-7

Students make a “tiny home” sign with their hands as part of the Tiny Home Challenge at John Paul II Catholic School. (ELENA RARDON / ALBERNI VALLEY NEWS)
The Nanaimo skyline. (Black Press Media files)

Looking for a new city to call home? Here are B.C.’s top 5 most affordable urban centres

Ranking considered affordability, economies and growing power for the cities

The Nanaimo skyline. (Black Press Media files)
John Anjo, founder/ director of Dwelltech, poses in front of his newest creation. The YOCTO is a 72 square foot tiny home with all the fixings. (Ronan O’Doherty/ The News)

VIDEO: Maple Ridge company builds remarkably tiny home

Dwelltech founder constructs 72 square foot home as passion project

John Anjo, founder/ director of Dwelltech, poses in front of his newest creation. The YOCTO is a 72 square foot tiny home with all the fixings. (Ronan O’Doherty/ The News)
Credit cards are displayed in Montreal, Wednesday, Dec. 12, 2012. Equifax says the debt profile of Canadians has changed throughout the pandemic, with mortgages accounting for a larger portion of people’s debt. THE CANADIAN PRESS/Ryan Remiorz

Consumer debt driven by new mortgages, but credit card debt at six-year low

Potential exists that first-time homebuyers are starting to get priced out of the market

Credit cards are displayed in Montreal, Wednesday, Dec. 12, 2012. Equifax says the debt profile of Canadians has changed throughout the pandemic, with mortgages accounting for a larger portion of people’s debt. THE CANADIAN PRESS/Ryan Remiorz
Apartments for rent sign. (File photo)

City of White Rock to host online renters’ forum

Virtual event to be held from 5:30- 7 p.m. on June 10

Apartments for rent sign. (File photo)
The RBC Royal Bank of Canada logo is seen in Halifax on Tuesday, April 2, 2019. THE CANADIAN PRESS/Andrew Vaughan

RBC CEO wants policy-makers to tackle lack of housing supply pushing up prices

New mortgage stress rules come into effect on June 1

The RBC Royal Bank of Canada logo is seen in Halifax on Tuesday, April 2, 2019. THE CANADIAN PRESS/Andrew Vaughan
Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada warns of rising risks from household debt, and a hot housing market

Many households have taken on large mortgages compared with their income

Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick
New homes are built in a housing construction development in the west end of Ottawa on Thursday, May 6, 2021. NDP Leader Jagmeet Singh is pledging a hefty foreign home buyers’ tax and “massive” investment in housing to chill a white-hot real estate market.THE CANADIAN PRESS/Sean Kilpatrick

NDP promises foreign buyers’ tax, half a million new homes to cool housing market

Market watchers say a countrywide tax on non-resident homebuyers amounts to a ham-fisted approach

New homes are built in a housing construction development in the west end of Ottawa on Thursday, May 6, 2021. NDP Leader Jagmeet Singh is pledging a hefty foreign home buyers’ tax and “massive” investment in housing to chill a white-hot real estate market.THE CANADIAN PRESS/Sean Kilpatrick
A new home is built in a housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Annual pace of housing starts posts 21.6 per cent increase in March

CMHC says the six-month moving average of the monthly seasonally adjusted annual rates was 273,664 in March

A new home is built in a housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Waterstock Properties is looking to build 114 residential units near 16 Avenue and 157 Street. (Urban Arts Architecture rendering)

Amendments sought for South Surrey apartment, townhouse project receive third reading

Residents, councillors speak for and against proposed density of Waterstock Properties’ 114-unit plan

Waterstock Properties is looking to build 114 residential units near 16 Avenue and 157 Street. (Urban Arts Architecture rendering)
Rendering of the Harmony apartment proposed for the 15100-block of 20 Avenue. Groundbreaking is now anticipated for September. (Contributed graphic)

Construction costs, red tape delay South Surrey inclusive-housing project

Harmony, slated for the 15100-block of 20 Avenue, hoped to break ground in September

Rendering of the Harmony apartment proposed for the 15100-block of 20 Avenue. Groundbreaking is now anticipated for September. (Contributed graphic)
Older rental apartments are prime candidates for renovations, and could result in lost affordable housing stock. (Zoë Ducklow photo)

B.C.’s renoviction overhaul a good start, but won’t preserve affordable stock, lawyer says

And still no protection for people who can’t pay rent due to COVID-19

Older rental apartments are prime candidates for renovations, and could result in lost affordable housing stock. (Zoë Ducklow photo)
An aerial view of the town centre neighbourhood in White Rock, which is the only city in Metro Vancouver with a vacancy rate below one per cent. (Tracy Holmes file photo)

White Rock is the only city in the Lower Mainland with vacancy rate below 1%

Surrey’s vacancy rate increases to 1.4% notes CMHC report

An aerial view of the town centre neighbourhood in White Rock, which is the only city in Metro Vancouver with a vacancy rate below one per cent. (Tracy Holmes file photo)
Ralliers gather in front of the Cityviews Village apartment building in Maple Ridge to protest attempts to evict low-income tenants by the building owner. (Ronan O’Doherty - The News)

Tenants protest pressure tactics by new landlord at Maple Ridge apartment building

Protest held in front of Cityviews Village on 223 St. Tuesday to rally against low-income evictions

Ralliers gather in front of the Cityviews Village apartment building in Maple Ridge to protest attempts to evict low-income tenants by the building owner. (Ronan O’Doherty - The News)
A satellite view of White Rock. (Google image)

Most expensive home in South Surrey valued at $18M

Surrey, White Rock homeowners to see moderate shift in value

A satellite view of White Rock. (Google image)
Logs are seen in an aerial view stacked at the Interfor sawmill, in Grand Forks, B.C., Saturday, May 12, 2018. An unexpected rebound in wood product prices this month is boosting profits for Canadian forestry companies but leaving homeowners and buyers with the prospect of higher home and renovation costs in 2021. THE CANADIAN PRESS/Darryl Dyck

Wood products pricing surge expected to persist, raising 2021 house, renovation costs

Lumber prices have added as much as $30K to the construction cost of a typical 2,500-square-foot house

Logs are seen in an aerial view stacked at the Interfor sawmill, in Grand Forks, B.C., Saturday, May 12, 2018. An unexpected rebound in wood product prices this month is boosting profits for Canadian forestry companies but leaving homeowners and buyers with the prospect of higher home and renovation costs in 2021. THE CANADIAN PRESS/Darryl Dyck