2012 Observer examines important housing highlights
Vancouver identifies solutions to severe housing challenges
A senior economist at one of Canada’s major banks says a widely anticipated downturn in the housing market may not be as deep or as long-lasting as some fear.
Vancouver eyes new housing body to end ‘affordability crisis’ – Metro Vancouver Real Estate News June 2012
Vancouver is hoping to make a dent in the demand for housing from less-wealthy residents
The seasonally adjusted annual rate of housing starts was 201,100 units in February, according to Canada Mortgage and Housing Corporation (CMHC).
Rental housing is key to a healthy, vibrant city.
The developer of the main athletes village for the Vancouver Winter Olympics went into receivership on Wednesday amid continued weak post-Games sales of the project as luxury housing.
Four months after the organizing committee for the 2010 Winter Games returned the Olympic Village to the city, and nearly four months after city council determined half of the 252 social housing units would be subsidized and half would be market rental, all 252 of these units remain empty.
The city and B.C. Housing have yet to release a request for proposals for a non-profit operator or operators. Non-profits can apply to manage the social housing, the rental housing, or both.