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Real Estate News

New Westminster aims to make affordable rental units mandatory in new developments

New Westminster aims to make affordable rental units mandatory in new developments

The City of New Westminster is hoping to make affordable rental housing mandatory in new developments across the city by the middle of 2019.
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No major home price drops for Metro Vancouver and B.C. next year: forecasts

No major home price drops for Metro Vancouver and B.C. next year: forecasts

Two separate brokerage surveys predict home values will stay virtually flat or decrease only slightly
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Construction companies get creative to find skilled workers

Construction companies get creative to find skilled workers

Shortage of skilled tradespeople has companies offering bounties and recruiting foreign workers to keep up with demand for new housing and home renovations
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More than half of all short-term rentals in Vancouver now licensed

More than half of all short-term rentals in Vancouver now licensed

As of Nov. 30 there were more than 4,500 active short-term rental listings in the city
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No easy way for Metro to build its way out of its housing crisis

No easy way for Metro to build its way out of its housing crisis

In the weeks leading up to last October’s municipal elections in British Columbia, housing was the most ubiquitous issue for voters.
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Canada’s high home prices likely to just stay high: economist

Canada’s high home prices likely to just stay high: economist

Rather than see a crash, “most terrifying threat of all” is that home prices will remain permanently unaffordable to many, says CPA chief economist
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Mayor's new task force to tackle Burnaby's housing crisis

Mayor's new task force to tackle Burnaby's housing crisis

Mike Hurley sets the course for a new committee tasked with finding immediate and long-term answers
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PoMo seeks to protect and boost rental properties

PoMo seeks to protect and boost rental properties

The city of Port Moody is looking at rezoning four multi-residential rental developments for rental only as well as zoning specific areas of the city for rental only development.
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Oceanside home fit for James Bond listed at $18.88M, comes with jet skis (PHOTOS)

Oceanside home fit for James Bond listed at $18.88M, comes with jet skis (PHOTOS)

Ultra-luxe West Vancouver home also has waterfront infinity pool and three fire pits, and is the week’s priciest new listing
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Commercial real estate sales down across all sectors: REBGV

Sales slowed nearly 20 per cent overall, with land sales posting the largest decrease quarter-over-quarter
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