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Vancouver housing market is overvalued but not overheated: CMHC

Vancouver housing market is overvalued but not overheated: CMHC

There is little evidence of overheating in the Vancouver census metropolitan area (CMA) as a whole, according to the Canada Mortgage and Housing Corporation, but some districts in the region are more overheated than others.
Lottery Corp. seeks builders for new HQ; B.C. farmland values up

Lottery Corp. seeks builders for new HQ; B.C. farmland values up

Digging in The BC Lottery Corp. is planning a new Leadership in Energy and Environmental Design-certified headquarters for Kamloops.
Vancouver housing crash unlikely in the near term: RBC

Vancouver housing crash unlikely in the near term: RBC

Affordability in Vancouver has improved slightly following the implementation of the foreign-buyer tax in August, but it remains a “major vulnerability” in the city, according to an RBC report released April 24.
Housing affordability: Bold steps needed?

Housing affordability: Bold steps needed?

Ideas percolate for how to ease unaffordability in the region
Most Canadians support foreign-buyer tax: poll

Most Canadians support foreign-buyer tax: poll

But a higher proportion of British Columbians are in favour of the tax
BCREA releases housing affordability plan

BCREA releases housing affordability plan

Increasing the number of homes built along transit corridors, raising the property transfer tax threshold and incentivizing faster approval processes are all necessary to improve housing affordability across the province, according to the British Col
Metro housing market bounces back in March

Metro housing market bounces back in March

March housing data confirms what we speculated last month: the Lower Mainland down cycle has bottomed out.
Proposed Victoria foreign-buyer tax gets mixed reviews

Proposed Victoria foreign-buyer tax gets mixed reviews

Municipalities across Greater Victoria will have a chance to weigh in on whether a foreign-buyer tax should be introduced on residential real estate sales in the area.
Home-price correction in Vancouver may be short-lived: Royal LePage

Home-price correction in Vancouver may be short-lived: Royal LePage

Home prices have fallen across the Lower Mainland over the past year, but this may soon change, according to a Royal LePage report released April 18.
Rising land values consigning affordability to the suburbs

Rising land values consigning affordability to the suburbs

The long view With land in short supply but financing still cheap, builders and brokers of local real estate gathered for the Vancouver Real Estate Forum on April 11 to discuss how to thrive in a market with low yields.