November 2016

Canada releases "A New Vision For Housing In Canada"

Posted on Nov 22, 2016

The Canadian government has unveiled its housing strategy plans, following months of consultation with Canadians and industry stakeholders.

“Affordable housing can connect individuals with the facilities and services they need to build secure, productive and meaningful lives for themselves. Living close to jobs, public transportation and childcare e...

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Canadian housing boom continues. Vancouver market ‘returning to earth’ softly.

Posted on Nov 19, 2016

Canadian home resales and prices rose in October as the nation's long housing boom continued, two separate reports showed on Tuesday, but analysts said higher borrowing costs have increased the risk of a correction.

Prices rose 0.3 per cent last month from September and were up 11.8 per cent from a year earlier as Toronto's red-hot market offset the...

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Vancouver "Empty Home Tax" - How Will It Be Policed?

Posted on Nov 17, 2016

The talk of an empty homes tax in Vancouver is to become a reality. The city council says that it will be introduced by January 1, 2017.

"The City won’t sit on the sidelines while over 20,000 empty and under-occupied properties hold back homes for renters struggling to find an affordable and secure place to live,” says Mayor Gregor Robertson.

The cit...

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