Tag: housing

Rents across B.C. continued to decline in June, falling 5.3 per cent from a year earlier as asking prices eased in most major markets, according to a new Rentals.ca and Urbanation report.

The province has awarded $9 million in grants to 56 local governments through the Local Government Development Approvals Program, administered by the Union of B.C. Municipalities. The funding is intended to help municipalities improve internal processes and streamline development approvals.

Prime Minister Mark Carney and B.C. Premier David Eby are defending a plan to convert more than 2,200 vacant condos into affordable homes after critics called it a taxpayer-funded bailout for developers.

Average asking rents in British Columbia dropped 5.1 per cent in March from a year earlier, even as the province remained the most expensive rental market in Canada.

The latest provincial “point-in-time” count found that homelessness rose in more than half of the 20 British Columbia communities surveyed.

Housing starts in British Columbia fell four per cent between January and July compared to the same period last year.

British Columbia remained the most expensive province for renters in May, despite a three per cent annual decline in average rental prices in the province.

Powell River city councillors are not prepared to change a developer's final offer on affordable units within an apartment...