Housing

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Fairview encampment trial wrapped up, decision to come in the fall

The civil trial to remove the Fairview encampment in Penticton wrapped up on Thursday after the province filed an injunction earlier this summer.

Affordable Indigenous housing opens in Penticton

Twenty-eight affordable rental homes have opened in Penticton, providing new housing for Indigenous families, individuals and Elders with low to moderate incomes.

Average B.C. rents fell 5.3 per cent in June, says report

Rents across B.C. continued to decline in June, falling 5.3 per cent from a year earlier as asking prices eased in most major markets, according to a new Rentals.ca and Urbanation report.

Carney, Eby say condo housing scheme is not a bailout for developers

Prime Minister Mark Carney and B.C. Premier David Eby are defending a plan to convert more than 2,200 vacant condos into affordable homes after critics called it a taxpayer-funded bailout for developers.

B.C. rents continue to fall amid sluggish spring rental market

Average rents in British Columbia fell 5.7 per cent in May from a year earlier, as the province lost its position as Canada's most expensive rental market to Nova Scotia.

B.C. changing timeline for short-term rental exemptions ahead of summer tourism season

British Columbia is accelerating timelines for communities to opt out of short-term rental limits, aiming to help them capture the summer tourism season.
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B.C. rents fell more than 5% in March, says report

Average asking rents in British Columbia dropped 5.1 per cent in March from a year earlier, even as the province remained the most expensive rental market in Canada.

NDP MLA halts bill to speed up development after safety concerns from local governments

NDP MLA George Anderson is backing away from his private member’s bill to speed housing approvals after widespread opposition from municipalities and industry groups.

Rent report says B.C. again led price declines in February, despite increase in Vancouver

Rents in British Columbia continued to decline in February, falling 4.9 per cent compared with a year earlier, according to the latest report from Rentals.ca and Urbanation.

B.C. lowers threshold for homeowner grants as housing market cools

British Columbia has lowered the 2026 threshold for the provincial homeowner grant for residential properties to $2.075 million. That’s down from $2.175 million in...
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