Metro Vancouver townhouse prices are expected to reach another all-time high in February 2021, breaking the new record set just last month. The OpenHousing Home Price Index for townhouse properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 14.71% year-over-year, the February mid-month projection shows. This represents an increase […]
Read MoreMetro Vancouver detached prices are on course to reach an all-time high in February 2021 breaking the previous record set in July 2017. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 16.53% year-over-year, the February mid-month projection shows. This represents an […]
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Read MoreMetro Vancouver condo market is starting the new year on the downside with the prices expected to drop slightly in January 2021. The OpenHousing Home Price Index for condo properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – fell 2.88% year-over-year, the January early projection shows. This represents a decrease […]
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Read MoreMetro Vancouver condo prices ended 2020 almost at the same levels where they stood when the year began. The OpenHousing Home Price Index for condo properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – rose 0.76% year-over-year, the December final update shows. This represents a increase of 1.38% compared to […]
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Read MoreBy Rohana Rezel The number of empty homes in Vancouver city is estimated to have crossed the 30,000 mark in 2020, according to our most recent estimate based on census data published by Statistics Canada, and housing completion data published by the Canada Mortgage and Housing Corporation. There were 25,502 private dwellings unoccupied or occupied […]
Read MoreBy Rohana Rezel The Vancouver City Council approved a plan to allow duplexes in all Vancouver neighbourhoods in the dying days of Vision Vancouver’s term in office. Mayor Gregor Robertson and his Vision councillors sold the Making Room proposal as a plan to improve affordability by increasing density. I spoke against the plan at a […]
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