Housing

A new home is built in a housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Annual pace of housing starts posts 21.6 per cent increase in March

CMHC says the six-month moving average of the monthly seasonally adjusted annual rates was 273,664 in March

 

Older rental apartments are prime candidates for renovations, and could result in lost affordable housing stock. (Zoë Ducklow photo)

B.C.’s renoviction overhaul a good start, but won’t preserve affordable stock, lawyer says

And still no protection for people who can’t pay rent due to COVID-19

 

The Cowichan Valley will need an additional 5,000 housing units by 2025 to keep up with demand, according to a new report. (File photo)

Cowichan simply doesn’t have enough homes for growing population

5,000 new housing units needed by 2025 according to CVRD report

 

Detailed planning as last presented to the community for the Crofton ferry terminal redevelopment. (File photo by Don Bodger)

Projects continue without delays

Only the Crofton ferry terminal redevelopment remains stalled

Detailed planning as last presented to the community for the Crofton ferry terminal redevelopment. (File photo by Don Bodger)
Latoya Wiks is making life as normal as possible for her five kids, but having everyone share one crowded room is stressful. Pictured with baby Tobias and three-year-old Novah. (Zoe Ducklow photo)

Housing shortage showing its teeth after North Island apartment fire

The suspicious January fire dispossessed 15 families in Port Hardy

Latoya Wiks is making life as normal as possible for her five kids, but having everyone share one crowded room is stressful. Pictured with baby Tobias and three-year-old Novah. (Zoe Ducklow photo)
Logs are seen in an aerial view stacked at the Interfor sawmill, in Grand Forks, B.C., Saturday, May 12, 2018. An unexpected rebound in wood product prices this month is boosting profits for Canadian forestry companies but leaving homeowners and buyers with the prospect of higher home and renovation costs in 2021. THE CANADIAN PRESS/Darryl Dyck

Wood products pricing surge expected to persist, raising 2021 house, renovation costs

Lumber prices have added as much as $30K to the construction cost of a typical 2,500-square-foot house

Logs are seen in an aerial view stacked at the Interfor sawmill, in Grand Forks, B.C., Saturday, May 12, 2018. An unexpected rebound in wood product prices this month is boosting profits for Canadian forestry companies but leaving homeowners and buyers with the prospect of higher home and renovation costs in 2021. THE CANADIAN PRESS/Darryl Dyck
Houses are seen in an aerial view, in Langley, B.C., on Wednesday, May 16, 2018. A company that supports hundreds of credit unions across Canada predicts British Columbia’s housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump. THE CANADIAN PRESS/Darryl Dyck

B.C. housing market to remain vibrant through the new year: report

The report also forecasts a firmer rental market through 2022 as economic conditions normalize

Houses are seen in an aerial view, in Langley, B.C., on Wednesday, May 16, 2018. A company that supports hundreds of credit unions across Canada predicts British Columbia’s housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump. THE CANADIAN PRESS/Darryl Dyck
Jake Corr posted an ad to Used Victoria on Dec. 8 asking someone to please take his tenant. (News Staff)

‘Please take my tenant!’ Landlord posts to Used Victoria

Landlord will pay you damage, first month’s rent to take his tenant

Jake Corr posted an ad to Used Victoria on Dec. 8 asking someone to please take his tenant. (News Staff)
A man walks past an affordable housing complex, being constructed in Charlottetown’s Hillsborough Park area, on Saturday, February 29, 2020. Seven provinces have signed on to a federal rent assistance program created as part of the national housing strategy, three more than the Liberals have announced, newly released documents show. THE CANADIAN PRESS/Andrew Vaughan

More provinces sign up for rent benefit as Liberals set up promised housing council

Indigenous housing providers are pushing for the government to finally unveil a plan

A man walks past an affordable housing complex, being constructed in Charlottetown’s Hillsborough Park area, on Saturday, February 29, 2020. Seven provinces have signed on to a federal rent assistance program created as part of the national housing strategy, three more than the Liberals have announced, newly released documents show. THE CANADIAN PRESS/Andrew Vaughan
Houses under construction in Toronto on Friday, June 26, 2015. Canada Mortgage and Housing Corp. says the annual pace of housing starts increased in October. The national housing agency says the seasonally adjusted annual rate of housing starts rose to 214,875 units last month compared with 208,715 in September. THE CANADIAN PRESS/Graeme Roy

CMHC says annual pace of housing starts climbed higher in October

The seasonally adjusted annual rate of housing starts rose to 214,875 units last month

Houses under construction in Toronto on Friday, June 26, 2015. Canada Mortgage and Housing Corp. says the annual pace of housing starts increased in October. The national housing agency says the seasonally adjusted annual rate of housing starts rose to 214,875 units last month compared with 208,715 in September. THE CANADIAN PRESS/Graeme Roy
Property on the Trans Canada Highway beside the Country Maples Campground has been sold and will become a modular home park. (Photo submitted)

Development, business transactions significant for Chemainus

Two highway properties and Owl’s Nest Bakery and Bistro sold

Property on the Trans Canada Highway beside the Country Maples Campground has been sold and will become a modular home park. (Photo submitted)
CMHC president Evan Siddall speaks to the Canadian Club of Toronto in Toronto on June 1, 2017. THE CANADIAN PRESS/Nathan Denette

New tools, ideas needed to speed up housing strategy funding, CMHC president says

The COVID-19 pandemic has made housing affordability an even bigger issue

CMHC president Evan Siddall speaks to the Canadian Club of Toronto in Toronto on June 1, 2017. THE CANADIAN PRESS/Nathan Denette
Real estate for sale signs are shown in Oakville, Ont. on December 1, 2018. Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. The federal housing agency says a combination of factors related to the pandemic, such as higher unemployment and lower income, will slow housing starts and push sales and home prices below pre-COVID levels. CMHC says the market likely won’t see a return to pre-pandemic levels before the end of 2022. THE CANADIAN PRESS/Richard Buchan

CMHC expects uneven and uncertain recovery in country’s housing market

A potential second wave of the virus, higher unemployment and the pace of an economic recovery could affect housing

Real estate for sale signs are shown in Oakville, Ont. on December 1, 2018. Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. The federal housing agency says a combination of factors related to the pandemic, such as higher unemployment and lower income, will slow housing starts and push sales and home prices below pre-COVID levels. CMHC says the market likely won’t see a return to pre-pandemic levels before the end of 2022. THE CANADIAN PRESS/Richard Buchan
Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

CMHC said average housing prices could fall anywhere from nine to 18 per cent in its forecast

Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan
Harvey Clause, an Abbotsford homeless man and advocate, reflects on a few fatal overdoses over the past few weeks. Clause says grieving while homeless holds distinct challenges with little for privacy and little time to process grief. Dustin Godfrey/Abbotsford News

Nowhere to grieve: How homeless people deal with loss during the opioid crisis

Abbotsford homeless advocate says grief has distinct challenges for those living on the streets

Harvey Clause, an Abbotsford homeless man and advocate, reflects on a few fatal overdoses over the past few weeks. Clause says grieving while homeless holds distinct challenges with little for privacy and little time to process grief. Dustin Godfrey/Abbotsford News
(Black Press Media files)

Rate hike could ‘compound’ slowdown of B.C real housing market: realtor

Rate increase will likely mean buyers take a more cautious approach

(Black Press Media files)