Housing

Average asking rents in B.C. were down 4.7% in August

Housing Emily Joveski -
B.C. asking rents fell nearly five per cent year-over-year in August, according to the latest Rentals.ca and Urbanation report.

Nelson supportive housing project on track for fall opening

Housing Storrm Lennie -
The 43-unit supportive housing project at 45 Government Road in Nelson remains on track to open this fall.

Average B.C. rents fell 5.3 per cent in June, says report

Housing Emily Joveski -
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.

Waterview retirement project resumes construction after securing financing

Housing Storrm Lennie -
Construction is about to ramp up again at Nelson’s long-awaited Waterview Retirement Resort after the developer secured new financing.

Carney, Eby say condo housing scheme is not a bailout for developers

Housing Emily Joveski -
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.

Nelson Railtown housing development breaks ground

Housing Storrm Lennie -
After years of planning, approvals and revisions, shovels are finally in the ground at Nelson’s Railtown Flats workforce housing project.

B.C. rents continue to fall amid sluggish spring rental market

Housing Emily Joveski -
Average rents in British Columbia fell 5.7 per cent in May from a year earlier, as the province lost its position as Canada's most expensive rental market to Nova Scotia.

B.C. changing timeline for short-term rental exemptions ahead of summer tourism season

Housing Emily Joveski -
British Columbia is accelerating timelines for communities to opt out of short-term rental limits, aiming to help them capture the summer tourism season.
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