All tagged Forecast
45% of homes proposed in the City of Vancouver are suites and 1-bedrooms suitable only for small households. Barely any 3-bedroom apartments are built when 24% of new apartments in Metro Vancouver should have 4-bedrooms. We need to more homes and the right mix of homes fast or else by 2021, 150,000 hard-working people will be underhoused.
It's called "home porn," those sensuous scenes in house flipping TV shows where some broken-down shack is transformed into a mansion worthy of the Prince Harry and Meghan Markle. And it all comes together in a few weeks at prices anyone can afford! It should come with a “DON’T TRY THIS YOURSELF” disclaimer because in a falling market you can get seriously burned.
Analysts agree Calgary real estate prices are headed downward for the foreseeable future.
Many Canadian analysts have erred by using defaults to predict a housing correction. It’s the other way around! Lessons from the U.S. show a housing slowdown causes defaults.
Most analysts expect further price increases but given recent trends we think prices will more likely drop in 2019. Find out why.
The pundits don’t agree on whether prices will rise or fall. Find out who is most likely right.
Vancouver is in a terrible housing crisis and it’s tearing the city apart pitting neighbour against neighbour, and parents against their kids.
Most candidates for mayor promise bold new measures to build more of the “right kind of housing” but each of them has different ideas about the definition of “right kind of housing”. In this article we dig into their proposals and promises and help you compare them objectively.
The City of Vancouver recently announced the beginning of 18 months of consultation that will result in a “Making Room” rezoning which is intended to find neighbourhoods to add more duplexes and laneway homes. Making room implies, there isn’t room already and this is far from the truth. Vancouver has loads of space, but it is poorly used. Vancouver’s land use has barely changed since we paved over the orchards and farms to build suburbs south of the downtown core after WWI. Rather than just “Making Room”, it’s time for Vancouver to evolve from Citified Suburbia with families stuffed in laneway houses and basement suites to a network of purposefully designed “Urban Family Districts”.
