Housing

The campaign is a national non-partisan initiative to end homelessness and make housing safe and affordable in Canada. It is operated by the Canadian Alliance to End Homelessness, a national advocacy group that aims to end homelessness across the country. (Contributed)

Central Okanagan Journey Home Society endorses “Vote Housing” national campaign

The campaign is a national non-partisan initiative to end homelessness

 

HOUSE CONSTRUCTION Joe Wackerbauer of Okanagan Custom Homes Ltd. has been nominated for an award for this four-bedroom, two-storey house in Summerland’s Trout Creek neighbourhood. (John Arendt/Summerland Review)
The municipality of Summerland has received provincial funding to improve the development approval process in the community. (John Arendt - Summerland Review)

Summerland receives funds to address housing needs

Total of 43 B.C. communities receive provincial grant money

 

Liberal Leader Justin Trudeau makes a campaign stop in Hamilton, Ont., on Tuesday, Aug 24, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Real estate industry worried Liberal housing plan won’t alleviate supply issues

‘It’s like saying, ‘come on in my store it’s 100 per cent off, but I don’t have any inventory’

 

This is a familiar sight around Central Okanagan communities as the limited housing inventory is unable to meet buyer demand, which has created bidding wars and quick sales on many homes this year, a scenario likely to continue. (File photo)

Housing sales boom in Okanagan surges ahead

No relief in prices coming soon based on Century 21 Canada national survey

This is a familiar sight around Central Okanagan communities as the limited housing inventory is unable to meet buyer demand, which has created bidding wars and quick sales on many homes this year, a scenario likely to continue. (File photo)
New homes are built in a housing construction development in the west end of Ottawa on Thursday, May 6, 2021. Parliament’s budget watchdog says the government is falling short of its aim of vastly expanding Canada’s affordable housing stock despite a spending ramp-up in the hundreds of millions of dollars. THE CANADIAN PRESS/Sean Kilpatrick

Canada’s housing strategy having ‘limited’ impact on housing need, watchdog says

Government is falling short of its aim to vastly expand Canada’s affordable housing stock

New homes are built in a housing construction development in the west end of Ottawa on Thursday, May 6, 2021. Parliament’s budget watchdog says the government is falling short of its aim of vastly expanding Canada’s affordable housing stock despite a spending ramp-up in the hundreds of millions of dollars. THE CANADIAN PRESS/Sean Kilpatrick
Birch Place, the second of three buildings to open in the affordable housing development at the corner of Fifth Avenue and Third Street SW in Salmon Arm, opened June 1, 2021, with the third building, Cedar Place, expected to open in late fall 2021. (Martha Wickett - Salmon Arm Observer)

First two new BC Housing buildings in Salmon Arm all but full

Building for people without permanent housing expected to open in late fall, staff needed

Birch Place, the second of three buildings to open in the affordable housing development at the corner of Fifth Avenue and Third Street SW in Salmon Arm, opened June 1, 2021, with the third building, Cedar Place, expected to open in late fall 2021. (Martha Wickett - Salmon Arm Observer)
Rising real estate prices in the Okanagan fueled by out-of-town buyers has created a concern about the ability of Millennials and Gen Zers to afford to eventually buy a house. THE CANADIAN PRESS/Sean Kilpatrick

Home ownership dream for Millennials, Gen Zers in the Okanagan under pressure

But RE/MAX vice-president cites cyclical nature of real estate market

Rising real estate prices in the Okanagan fueled by out-of-town buyers has created a concern about the ability of Millennials and Gen Zers to afford to eventually buy a house. THE CANADIAN PRESS/Sean Kilpatrick
A five-storey, 60-unit building has been proposed for 8709 Jubilee Rd. E., Summerland. The proposal will be the subject of a public hearing on March 22. (Image by GTA Architecture)

Summerland affordable housing project still in negotiations

Zoning and Official Community Plan have been changed to allow for multi-family project

A five-storey, 60-unit building has been proposed for 8709 Jubilee Rd. E., Summerland. The proposal will be the subject of a public hearing on March 22. (Image by GTA Architecture)
Students make a “tiny home” sign with their hands as part of the Tiny Home Challenge at John Paul II Catholic School. (ELENA RARDON / ALBERNI VALLEY NEWS)

Vancouver Island school gets visit from Netflix show hosts for tiny home competition

Pilot Tiny Home elective was offered for Grades 4-7

Students make a “tiny home” sign with their hands as part of the Tiny Home Challenge at John Paul II Catholic School. (ELENA RARDON / ALBERNI VALLEY NEWS)
Coming from a farming family, Vernon-Monashee MLA Harwinder Sandhu appreciates the new secondary housing options for farmers coming into effect in 2022. (Contributed)

Farm housing changes boost bounty: Vernon-Monashee MLA

Agricultural Land Commission permission no longer needed for secondary homes

Coming from a farming family, Vernon-Monashee MLA Harwinder Sandhu appreciates the new secondary housing options for farmers coming into effect in 2022. (Contributed)
The Nanaimo skyline. (Black Press Media files)

Looking for a new city to call home? Here are B.C.’s top 5 most affordable urban centres

Ranking considered affordability, economies and growing power for the cities

The Nanaimo skyline. (Black Press Media files)
A 1969 Barracuda convertible like this one is being refurbished by Rust Valley Restorers and raffled off to raise funds for Habitat for Humanity Kamloops, which includes the Salmon Arm/Shuswap area. (Image contributed)

Rust Valley Restorers’ work will lead drive for attainable housing in Salmon Arm

Habitat for Humanity Kamloops’ Classic Car raffle features ‘69 Barracuda convertible

A 1969 Barracuda convertible like this one is being refurbished by Rust Valley Restorers and raffled off to raise funds for Habitat for Humanity Kamloops, which includes the Salmon Arm/Shuswap area. (Image contributed)
John Anjo, founder/ director of Dwelltech, poses in front of his newest creation. The YOCTO is a 72 square foot tiny home with all the fixings. (Ronan O’Doherty/ The News)

VIDEO: Maple Ridge company builds remarkably tiny home

Dwelltech founder constructs 72 square foot home as passion project

John Anjo, founder/ director of Dwelltech, poses in front of his newest creation. The YOCTO is a 72 square foot tiny home with all the fixings. (Ronan O’Doherty/ The News)
Credit cards are displayed in Montreal, Wednesday, Dec. 12, 2012. Equifax says the debt profile of Canadians has changed throughout the pandemic, with mortgages accounting for a larger portion of people’s debt. THE CANADIAN PRESS/Ryan Remiorz

Consumer debt driven by new mortgages, but credit card debt at six-year low

Potential exists that first-time homebuyers are starting to get priced out of the market

Credit cards are displayed in Montreal, Wednesday, Dec. 12, 2012. Equifax says the debt profile of Canadians has changed throughout the pandemic, with mortgages accounting for a larger portion of people’s debt. THE CANADIAN PRESS/Ryan Remiorz
The RBC Royal Bank of Canada logo is seen in Halifax on Tuesday, April 2, 2019. THE CANADIAN PRESS/Andrew Vaughan

RBC CEO wants policy-makers to tackle lack of housing supply pushing up prices

New mortgage stress rules come into effect on June 1

The RBC Royal Bank of Canada logo is seen in Halifax on Tuesday, April 2, 2019. THE CANADIAN PRESS/Andrew Vaughan
Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada warns of rising risks from household debt, and a hot housing market

Many households have taken on large mortgages compared with their income

Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick
(Black Press file)

Summerland issued 21 building permits in April

Number and value of permits both higher than in same month in 2020

(Black Press file)
The real estate market is hot in Vernon, and across the Okanagan. (John Dent photo)

North Okanagan home prices, demand continue to build

Single family home volumes up 200 per cent, worth average $647,000

The real estate market is hot in Vernon, and across the Okanagan. (John Dent photo)
New homes are built in a housing construction development in the west end of Ottawa on Thursday, May 6, 2021. NDP Leader Jagmeet Singh is pledging a hefty foreign home buyers’ tax and “massive” investment in housing to chill a white-hot real estate market.THE CANADIAN PRESS/Sean Kilpatrick

NDP promises foreign buyers’ tax, half a million new homes to cool housing market

Market watchers say a countrywide tax on non-resident homebuyers amounts to a ham-fisted approach

New homes are built in a housing construction development in the west end of Ottawa on Thursday, May 6, 2021. NDP Leader Jagmeet Singh is pledging a hefty foreign home buyers’ tax and “massive” investment in housing to chill a white-hot real estate market.THE CANADIAN PRESS/Sean Kilpatrick
A new home is built in a housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Annual pace of housing starts posts 21.6 per cent increase in March

CMHC says the six-month moving average of the monthly seasonally adjusted annual rates was 273,664 in March

A new home is built in a housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick