National home sales in 2023 lowest since 2008 despite December ‘bounce,’ CREA says

Canada’s housing market is seeing some of the lowest annual sales volumes in more than a decade, according to the latest statistics from the Canadian Real Estate Association, even though December saw a jump in sales compared to the month before. In a statement, CREA noted that the annual home sales total of 443,511 units in … Read more

Ottawa may ‘rein in’ temporary resident numbers as housing concerns intensify, minister says

Immigration Minister Marc Miller says he’ll be scrutinizing the number of international students and other non-permanent residents coming into Canada, as political tension builds around the interplay between housing affordability and immigration. In an interview airing Sunday on Rosemary Barton Live, Miller said the relationship between housing and immigration is complex, and it was discussed around … Read more

The Rock Church sues Castle Rock challenging ban on sheltering homeless in RVs

“Share your food with the hungry, and give shelter to the homeless.” That passage from Isaiah 58:7 was invoked by the Rock Church in a lawsuit it filed against Castle Rock last week as part of an attempt to overturn the town’s decision to bar the evangelical church from providing temporary shelter to homeless people … Read more

Lakewood apartment project at edge of Belmar Park faces opposition

A raft of ducks perched and waddled on the frozen surface of a pond at Belmar Park on a recent fall morning — foreground bustle for a double-crested cormorant rookery located on a small island just offshore. This 132-acre park in the middle of Lakewood, Colorado’s fifth-largest city, is tagged as a “hotspot” on eBird.com, … Read more

Colorado poll finds housing affordability, crime are top concerns

A majority of Colorado voters say home ownership is only going to become less attainable, voicing broad concerns about the cost of living and the state’s broader affordability, according to results from a bipartisan poll released Tuesday. The poll, conducted for the Colorado Polling Institute Nov. 26-27 by a team of pollsters, also found a … Read more

Surge in newcomers putting pressure on inflation via housing demand: BoC official

The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without a boost to housing supply. In a speech in Windsor, Ont., deputy governor Toni Gravelle acknowledged many of the benefits coming from this rise in immigration, … Read more

Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she had been at the forefront of the Airbnb revolution for seven years, acting as a “liaison” for homeowners needing help with the logistics of running a listing on the accommodation site. At the peak of … Read more