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Vancouver now ranked ‘second-least affordable’ global housing market

Vancouver now ranked ‘second-least affordable’ global housing market

The widely reported annual Demographia Housing Affordability Survey has been released – and despite Vancouver’s real estate market slowdown, the city has moved back up in the rankings of the world’s least-affordable housing markets.
Metro Vancouver home prices to bottom in 2019 and then bounce back: forecast

Metro Vancouver home prices to bottom in 2019 and then bounce back: forecast

Home prices in Metro Vancouver may slide further in 2019 but then will recover as demand continues and supply remains constrained, according to a panel of developers at a 2019 forecast event.
All property owners in Speculation and Vacancy Tax regions must complete declaration

All property owners in Speculation and Vacancy Tax regions must complete declaration

Every homeowner in affected areas will get declaration letters between January 18 and February 28, and must apply for exemption or pay up
Co-working company partners with hotels to free up work space

Co-working company partners with hotels to free up work space

Hoteling co-workers Hoteling office workers first took hold in the 1990s, but with major co-working space providers such as WeWork Cos. Inc. gobbling up traditional office space, Vancouver startup CityHack Corp.
Mortgage stress test to blame for last year’s 25% drop in home sales, says BCREA

Mortgage stress test to blame for last year’s 25% drop in home sales, says BCREA

Meanwhile, data shows average prices in December also declined across the province
Thirty-one storey office tower proposed for downtown Vancouver

Thirty-one storey office tower proposed for downtown Vancouver

Application filed for architecturally striking building to replace 15-storey tower in Coal Harbour
Vancouver home prices drop during Q4 amid ‘significant reduction’ in sales

Vancouver home prices drop during Q4 amid ‘significant reduction’ in sales

The city's price declines come amid rising prices in region and nation
Rising multi-family assessments could trigger higher rents across B.C.

Rising multi-family assessments could trigger higher rents across B.C.

Landlord group says increased property taxes will force apartment building owners to raise rents or spend less on building maintenance
Metro Vancouver new home sales down 19% in 2018, will fall more: report

Metro Vancouver new home sales down 19% in 2018, will fall more: report

Consumers increasingly less willing to pay for higher-priced units in new developments, says Altus Group
B.C. commercial building permits break record

B.C. commercial building permits break record

Statistics Canada data for November show the province issued the highest value of commercial building permits on record