April 24, 2024

Another sign of cooling housing market

More evidence of the cooling housing market in Greater Vancouver and the Fraser Valley. The "BC Real Estate Association" says the dollar volume of homes sold in November through the Multiple Listing Service was down 24.6 per-cent compared to a year ago. The number of residential units sold was down 17 per-cent and the average price was down 9 … [Read more...]

Supportive housing facility opens in Dunbar

A new supportive housing facility for people at risk of becoming homeless has opened in Vancouver, but not in the neighbourhood you might expect.The 51-unit building is located amid million dollar homes on West 17th Avenue in Dunbar.Area M.L.A Colin Hansen says the neighbourhood recognizes the need for it. "The 51 new residents are welcomed and are … [Read more...]

Metro Vancouver housing sales on the decline

Saying consumers are taking a 'bit of a break,' the chief economist for the BC Real Estate Association is downplaying new housing stats,  which show overall sales in Metro Vancouver continue to fall.  "It's really quite isolated in terms of the decline in Vancouver." Cameron Muir says last month's drop of nearly 20 per cent compared … [Read more...]

Woman Slams BC Housing

A Burnaby woman looking for subsidized housing for the past 15 years says she's fed up waiting for BC Housing to help her. Tricia Lovegrove is blind and can only find work two days a week as a massage therapist therefore she's finding it tough to pay her rent. What she wants is subsidized housing. However getting that is proving difficult and she's … [Read more...]

Housing suggestions welcomed at City Hall

The winners of an online contest aimed at the future of affordable housing in the City of Vancouver have been announced. The Re:think Contest say more than 70 entries were received from all over the world. Councillor Geoff Meggs says the ideas range from re-designing city streets to building on top of existing structures, "Whether or not … [Read more...]

Interim report released on affordable housing in Vancouver

An interim report from the Mayor of Vancouver's housing affordability task force is recommending the establishment of a city-run authority to manage affordable housing developments.  Mayor Gregor Robertson says other highlights include providing more homes close to transit hubs.  "And the zones around them to have stacked townhouses, row … [Read more...]

Coleman vs Jang over housing for the homeless

BC's Housing Minister is slamming the City of Vancouver over comments made by Vision Councillor Kerry Jang. Jang had suggested the Province needs to take some responsibility for an increase in city street homelessness, blaming a shortage of shelter funding. Rich Coleman says the city needs to realize where it gets its funding, citing … [Read more...]

City Councillor Blasts Housing Minister

The ruling party at Vancouver City Hall vows to continue to fight to end homelessness by 2015. This despite the latest numbers showing "street" homelessness has doubled over last year from 154 to 306. Vision Vancouver Councillor Kerry Jang says the province has to take some of the blame for the spike - namely housing minister Rich Coleman - for … [Read more...]

Vancouver councillor wants to know city’s housing options

Under existing zoning, how much room does the City of Vancouver have for more housing? Councillor Adriane Carr plans to table a motion next week to find out. "What do we have, in terms of capacity in different zoning types, of different kinds of housing types that we could build out in the city? Then we can make wise decisions in my mind, around … [Read more...]

New co-chair named to mayor’s task force on housing affordability

A former Liberal cabinet minister is going to help Vancouver's mayor figure out how to make housing more affordable. Gregor Robertson has named Olga Ilich to co-chair the mayor's task force on housing affordability. Robertson says she brings a valuable background in real estate development and what he calls a 'thoughtful, pragmatic approach' as a … [Read more...]