The amount of residential construction in Metro Vancouver remained high, but wavered little between 2021 and 2022, according to new data from the Canada Mortgage and Housing Corporation. In a housing supply report published Wednesday, the Crown corporation said work on 25,983 new units began last year, down 30 units from the 26,013 recorded in 2021. Overall, Metro Vancouver saw…
Real estate companies say cost concessions will need to be made if they are to do everything they can, as quickly as they can, to help alleviate the province’s housing crisis. More than 1,200 people, including developers, building owners and investors attended the Vancouver Real Estate Forum on Wednesday. Topics of discussion included rising construction and labour costs, post-pandemic building-use…
The Union of BC Municipalities (UBCM) has kicked off its two-day housing conference, one day after B.C. Premier David Eby laid out a multibillion-dollar housing plan for the province. More than 500 participants, including municipal and provincial politicians, have registered in the ‘HousingBC Summit,’ which will explore regulation of short-term rentals, local financing opportunities, rezoning, supply-boosting, speculation challenges, housing partnership…
