Discover the staggering amount of income B.C. residents are spending on rent, with insights from a Royal LePage report and the impact of new rental legislation. B.C. Residents Spending Eye-popping Amount of Income on Rent A sobering report from Royal LePage reveals the staggering amount of income Vancouver and B.C. residents are spending on rent. […]
Discover why housing costs in B.C. remain high despite a surge in construction activity, with insights into regional price trends and provincial efforts to boost supply. Construction Increases, but Housing Costs Remain High While construction activity is increasing in British Columbia, housing costs remain high, posing ongoing challenges for affordability. Surge in Building Permits In […]
Would-be Homebuyers Are Staying on the Sidelines in Canada: Here’s Why New data from the Canadian Real Estate Association (CREA) shows that home sales in May 2024 fell by 5.9% compared to a year ago. Typically, the spring and summer months see a boom in the Canadian real estate market. However, higher interest rates are […]