Despite softening prices and increased housing supply across Metro Vancouver, a new poll finds over 70 per cent of British Columbians are unhappy with government action on housing.
Urban Development Institute
Only projects with 100 per cent social or supportive housing will be considered under interim rezoning policy The City of Vancouver wants to curb land speculation along the Broadway Corridor, ahead of the extension of the Millennium SkyTrain line westward to Arbutus Street — and eventually, UBC. The city is developing a new plan for […]
Vancouver Mayor Gregor Robertson says he will introduce a motion at the next city council meeting to prioritize the sale of presale condominiums to locals. “Local residents” are defined as people who live and work in Metro Vancouver, and whose permanent address and workplace is in the region. However, the person’s citizenship will not be […]
Condo prices in Vancouver continue their stratospheric rise, with the median sale price of a typical unit in the city now over $700,000. According to the latest update from the Urban Development Institute (UDI), there are currently no “move-in ready” new condominiums or townhomes available in City of Vancouver. It’s important to note that the […]
The Here4BC campaign, launched on July 18 by the Vancouver Regional Construction Association (VRCA) to help those impacted by the B.C. wildfires, has gained huge momentum. 56 companies and associations, including the Greater Vancouver Home Builders’ Association (GVHBA) and the Urban Development Institute (UDI), have committed to raise $1 million to assist British Columbians who […]
The availability of new, multi-family housing in the City of Vancouver has reached a historic low, according to the Urban Development Institute (UDI). It says low inventory levels are the result of outdated, restrictive zoning in single-family neighbourhoods, especially within Vancouver city limits. “We clearly need a regional housing strategy with more homes for more people,” said Anne McMullin, […]