Posts Tagged ‘Housing Affordability’
Introducing the Secondary Suite Incentive Program
Unlock up to $40,000 to build an affordable rental suite in your home with the Secondary Suite Incentive Program. This initiative aims to empower homeowners to create new affordable rental housing in their communities. Here's what you need to k...
Housing Affordability in Canada’s Cities: A Challenging Landscape
If you've been keeping an eye on the housing market in Canada, you're probably aware that affordability has been a hot topic for quite some time. In the second quarter of this year, there was a small glimmer of hope as RBC's affordability measu...
GST Exemption for New Rental Projects: Good News for Housing
Boost for Rental Housing The federal government has taken a big step to help rental housing. On September 14, Prime Minister Justin Trudeau announced that new rental apartments won't need to pay the Goods and Services Tax (GST) on construction...
Vancouver-Area Home Sales Rebound in May, Driving Price Increases
Introduction: Home sales in the Vancouver area experienced a significant rebound in May, according to the Real Estate Board of Greater Vancouver (REBGV). Sales increased by 15.7 percent compared to the same period last year, accompanied by ris...
New owner transparency rules coming to B.C. home sales
Transparency Report Transactions of British Columbia residential real estate will become more complicated and monitored starting November 30, 2022, when the province’s new Land Owner Transparency Registry (LOTR) comes into effect. The f...