Housing

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

 

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

 

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

 

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
Salmon Arm Homes for Rent/Sale Etc. is a popular Facebook page used by those with places for rent and people in need of them. (Lachlan Labere-Salmon Arm Observer)

Carpenter building homes in Salmon Arm unable to find place to rent

Property manager says it’s easier to find work in Salmon Arm than a place to live

Salmon Arm Homes for Rent/Sale Etc. is a popular Facebook page used by those with places for rent and people in need of them. (Lachlan Labere-Salmon Arm Observer)
A dispute about repairs to a retaining wall at a Summerland strata was decided at a Civil Resolution Tribunal. (John Arendt - Summerland Review)

Summerland retaining wall dispute reaches Civil Resolution Tribunal

Issue arose in disagreement over who is responsible for wall repairs

A dispute about repairs to a retaining wall at a Summerland strata was decided at a Civil Resolution Tribunal. (John Arendt - Summerland Review)
The next phase of Lakestone includes 57 units extending from Beacon Hill Drive. (District of Lake Country)

Lakestone develops more homes in Okanagan

Next phase include 57 unit in Beacon Hill Drive extension

The next phase of Lakestone includes 57 units extending from Beacon Hill Drive. (District of Lake Country)
Housing is scarce across B.C., and what housing there is isn’t always affordable. (File photo)

EDITORIAL: Housing prices and supply affect our communities

Shortage of affordable housing an issue around B.C.

  • Apr 3, 2021
Housing is scarce across B.C., and what housing there is isn’t always affordable. (File photo)
A shot of the sunset from Ambrosia’s second floor. (Sarah Martin - LSCSS Photo)

Ambrosia rising up to second-storey in Keremeos

The affordable housing project will see the village’s first elevator

A shot of the sunset from Ambrosia’s second floor. (Sarah Martin - LSCSS Photo)