Real Estate

Both of the main candidates in British Columbia's election campaign pushed their own plans to solve parts of the housing crisis. B.C.

$1 million has already been shaved off the asking price.

A total of 68,639 units began construction, the second strongest figure since 1990. However, the rate of housing starts per capita meant activity was around the historical average and not enough "to reduce the existing supply gap and improve affordability for Canadians."

The study finds that owning a home has no significant impact on happiness.

Initiative would see taxpayers invest in 40 per cent home equity stakes for up to 25,000 homes for first-time homeowners.

Impact of provincial zoning reforms remains to be seen

The Residential Tenancy Branch dismissed landlord Killam REIT's application for the rent hike.

The minimum number of parking spaces required for housing projects of fewer than 12 units will be reduced to one stall per unit.

Under federal rules taking effect in December, a down payment on a $1-million home will cost $75,000, down from $200,000 under the current policy.

The governing party and the BC Conservatives have not yet tabled platforms on top issue