Housing crisis

Op-Ed Industry Insights: The housing crisis is a huge threat to Ontario’s economic recovery

For some time now, storm clouds have been gathering over the housing market. But today the crisis is there and threatens our economic recovery. Young people can no longer enter the housing market and start a family. High prices are causing a talent drain as people seek more affordable living conditions. While immigration is expected […]

Housing supply

Pressure on state to increase housing supply as flooding increases homelessness

More than 17,000 property damage assessments have been carried out in South East Queensland as the state government prepares to implement a series of measures in response to ongoing housing and homelessness issues after recent heavy rains and floods. In Gympie – 202 houses were found severely damaged – 94 moderate and another 124 – […]

Housing crisis

How social housing solutions can alleviate the housing crisis

Proudly working and building on over £1 billion of homes across Merseyside over the past 35 years, Sutcliffe is no stranger to providing the very best civil and structural engineering services on social housing projects. With responsibility for continuing to build affordable housing across the Liverpool area and beyond, having worked on a number of […]

Housing crisis

Homeowners need the same support as buyers to solve the housing crisis – Cox

“People need places to live.” It’s a phrase I use a lot, and some might think it oversimplifies the problems of the UK property market, but in summary, that’s essentially what we’re providing. It is for this fundamental reason that I believe the buy-to-let market will remain a central part of the environment […]

Housing crisis

Covid-19 WA: Housing crisis predicted when hard border falls

Experts warn Western Australia will face a crisis when the hard border falls this week – and no, it’s not the threat of Covid spreading. The dismantling of Western Australia’s hard border this week has been widely welcomed, but experts are warning a ‘crisis’ is looming – and it’s not the threat of spreading Covid-19. […]

Housing crisis

FL law enforcement blames housing crisis for understaffed

The lack of affordable housing in Manatee and Sarasota counties is a major obstacle for police departments trying to attract new recruits to Southwest Florida, law enforcement officials said Thursday. . At a law enforcement roundtable hosted by U.S. Representative Vern Buchanan, R-Longboat Key, sheriffs and police chiefs lamented the negative impact of the housing […]

Housing crisis

Video shows desperation to find affordable housing

RALEIGH, NC (WTVD) — A North Carolina real estate agent posted a video on social media this week showing the reality of the housing market. “I’ve told the truth, we have a housing crisis,” Monique Edwards said in the video. “This is a house priced under $300,000 in the Raleigh area, and as you can […]

Housing report

Annual Lakewood Housing Report examines market strengths and challenges – The Suburban Times

Town of Lakewood announcement. As the region grows and costs rise, the report reveals that there are “no easy solutions” to meet demand and contain costs. Lakewood, Wash. – The Town of Lakewood released its Housing Report 2021 in February, offering a detailed examination of housing market forces. Housing is scarce and the area continues […]

Housing report

Westport housing report ‘garbage load’

Report commissioned by Council draws criticism from residents and politicians Michael Gallagher A report commissioned by Mayo County Council has been called ridiculous by locals and politicians. The report’s conclusion – that there is no affordability crisis in the town of West Mayo – was met with derision by families and individuals […]

Housing report

Marlborough short of land for housing – report

Marlborough is expected to run out of land zoned for housing over the next 30 years. The report identifies a potential shortage of land for urban development of around 900 long-term homes, driven by faster than expected growth in Blenheim. Photo: 123RF A report from Marlborough District Council states that the area’s population is expected […]

Housing sector

The housing sector escapes the pandemic blues

While the pandemic has had a negative impact on most business sectors, contrary to common perception, the housing sector in bangalore did not suffer, reveals the Economic Survey 2021-22 The survey indicates that house prices rose during the first and second waves of covid-19, contrary to expectations that they would fall. It indicates that there […]

Housing supply

Census data fuels debate on housing supply and demand

Steve Pomeroy of Focus Consulting said Canadian census data showed around 8% of homes, or 1.3 million, are not in full-time use by “usual residents”.DARRYL DYCK/The Canadian Press New census data released last week shed light on whether high house prices are simply the result of a lack of housing supply. Many industry pundits and […]

Housing supply

City of Waterloo seeks to boost supply of affordable housing with grants for nonprofits

The City of Waterloo is setting aside $500,000 to boost the local supply of affordable housing. The proposed grant, a first for the city, would help nonprofits offset some of the costs of creating or maintaining affordable housing in Waterloo. City councilors approved a draft of the grant proposal on Monday. “Programs like these are […]

Housing crisis

Housing crisis: Survey shows vast majority of homeowners don’t want real estate prices to fall

A new survey shows that only 7% of homeowners want house prices to fall seriously. Another 18 percent want them down “a little” while a whopping 62 percent don’t want them down. Things obtained the poll from Talbot Mills – Labour’s private pollster – which follows a similar but not identical question posed in a […]

Housing report

New Hampshire Releases Housing Report on Statewide Building Permits

The following graph shows the number of housing units for which permits have been issued each year since 2001. Courtesy of New Hampshire BEA. “We are ready to tackle the influx of housing demand head-on,” said OPD lead planner Ken Gallager. “Our in-depth analysis of housing market trends will inform local and state stakeholders on […]

Housing sector

Ecological Survey: Housing Sector in Bangalore Has Performed Well Despite the Pandemic | Bangalore News

BENGALURU: While the pandemic has had a negative impact on most business sectors, contrary to common perception, the housing sector in Bangalore has not suffered, the Economic Survey 2021-22 reveals. The survey indicates that house prices rose during the first and second waves of Covid-19, contrary to expectations that they would fall. It indicates that […]

Housing crisis

Flammable and deadly: Unknown US housing crisis speaks to larger issues

Last week, with President Biden visiting New York and sitting down with Mayor Eric Adams, following the murder of two NYPD officers, the nNews coverage was all about the need to reduce street crime and the flow of illegal guns into America’s urban neighborhoods. Much has been said about the need for more aggressive policing […]

Housing crisis

Canada-New Brunswick Housing Benefit leaves out many facing housing crisis – NB Media Co-op

New Brunswick is expanding the Canada-New Brunswick Housing Benefit program to include more low-income working families in the province, Social Development Minister Bruce Fitch announced in December. While any investment in housing is essential to the well-being of New Brunswickers, housing advocates and academics worry that the short-term, targeted approach of this benefit will do […]

Housing sector

Leveling up… implications for the housing sector

Yesterday the government’s long-awaited white paper on ‘race up’ was released, discussing some of the geographical disparities and, importantly, the government’s proposed reform of systems and the policy agenda for the coming years to remediate. The definition of its medium-term political objectives, at the heart of this document (alongside priority areas such as health and […]

Housing crisis

Economic recovery in 2021 hasn’t helped Montana’s housing crisis

(Current Missoula File Photo) (Daily Montanan) Industry leaders and economists have been on a sort of tour of cities across the state this winter with a singular message: Low housing affordability continues to plague Montana and Montanans in the third year of the COVID-19 pandemic, even in the midst of economic conditions. recovery in other […]

Housing crisis

Labour-Greens government refuses to address ACT housing crisis

In this opinion piece, ACT Liberal Senator Zed Seselja argues that it is the ACT Labour-Green government’s deliberate pressure on the land supply that is at the heart of the housing crisis. ACT housing. Did you see last week new data released by Allhomes announcing that the median house price in Canberra has jumped 36.6% […]

Housing supply

Homebuyers run out of options as housing supply hits all-time low – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Home prices and sales continued to climb despite a mild winter cooling. But the housing market is facing a new dilemma: the supply of existing homes for sale has hit an all-time […]

Housing supply

New RMA housing supply provisions in effect – where to go now?

If there is one thing in New Zealand that our main political parties can agree on, it is that the Resource Management Act 1991 (RMA) needs an overhaul. During its 30-year history, the two main political parties have regularly adopted piecemeal amendments. The result was complex and unwieldy legislation, unhelped by implementation problems and a […]

Housing supply

How Suburban Sprawl’s Single-Family Home Zoning Limits Housing Supply

America’s suburbs are expanding again. Last year, single-family housing starts hit 1.123 million, the highest since 2006, according to the National Association of Home Builders, but options for potential buyers remain slim. Experts say the problems in the US housing market are tied to past political decisions. In particular, they say restrictive zoning codes limit […]

Housing sector

Economic Survey: COVID restriction affected demand, supply of housing sector

Image Source: PIXABAY.COM Economic Survey: COVID restriction affected demand, supply of housing sector. highlights Demand and supply of residential housing sector was affected by Covid-induced restrictions It revealed that no of unsold residential units have witnessed significant drops during 2nd wave Decline in housing transactions have also been much less during 2nd wave of Covid […]

Housing crisis

fatal snowmobile accident; housing crisis; More: PM Patch NH

CONCORD, NH — The state’s premier housing caucus hopes to educate lawmakers about the need for new housing opportunities. The caucus includes 16 state senators and representatives from both sides of the political aisle and from different parts of New Hampshire. The committee is tracking a number of bills, including SB 400, the “community toolkit” […]

Housing crisis

Housing crisis in KW could give London’s fledgling tech industry an edge

KITCHEN- The pressures of high demand and limited supply in the housing market are hampering the tech sector’s efforts to recruit top talent to Kitchener-Waterloo. MORE: Waterloo Region’s housing crisis could affect the tech industry The region’s booming tech sector is known to attract entrepreneurs and workers from around the world. But now that housing […]

Housing crisis

Millennials optimistic about buying a home as housing crisis persists

Nearly half of millennials are optimistic about buying a home this year, according to a NerdWallet survey. They are better prepared financially than ever to buy, but the housing crisis persists. Although housing prices may moderate, mortgages may become more expensive and there is still not enough housing available. Loading Something is loading. Millennials are […]

Housing report

Ontario underestimated population growth and overestimated new housing: report

According to a new report from Building and Landscaping Industry Association (BILD) found. The report, which focuses on the Greater Toronto and Hamilton Area, says municipalities in southern Ontario have planned their growth “on the basis of inaccurate or outdated assumptions,” resulting in “a shortage of needed infrastructure and a lack of housing to support […]

Housing report

Well, here’s the neighborhood! Draft housing report suggests not protecting ‘character’ of neighborhoods and allowing 4-story apartments anywhere” Burlington Gazette

By staff January 26, 2022 BURLINGTON, ON Marcello Alaimo, operator of Exquisite Living, has posted some comments on the draft housing task force which is due to release the report and its 58 recommendations at the end of the month. The task force tasked with finding ways to make housing in Ontario more affordable wants […]

Housing report

Sicamous Housing Report Shows Lack of Rentals Forces Residents to Choose ‘Unsafe’ Housing – Keremeos Review

A lack of rental housing, combined with the prevalence of short-term rentals, is causing some residents to live in “inadequate or unsafe” housing, according to a report for Sicamous District. In June 2021, the district engaged CitySpaces Consulting to complete a Housing Needs Report. The full report was submitted to the district on Jan. 18 […]

Housing report

Sicamous Housing Report Shows Lack of Rentals Forces Residents to Choose ‘Unsafe’ Housing – Vernon Morning Star

A lack of rental housing, combined with the prevalence of short-term rentals, is causing some residents to live in “inadequate or unsafe” housing, according to a report for Sicamous District. In June 2021, the district engaged CitySpaces Consulting to complete a Housing Needs Report. The full report was submitted to the district on Jan. 18 […]

Housing report

Sicamous Housing Report Shows Lack of Rentals Forces Residents to Choose ‘Unsafe’ Housing – Salmon Arm Observer

A lack of rental housing, combined with the prevalence of short-term rentals, is causing some residents to live in “inadequate or unsafe” housing, according to a report for Sicamous District. In June 2021, the district engaged CitySpaces Consulting to complete a Housing Needs Report. The full report was submitted to the district on Jan. 18 […]

Housing report

Sicamous Housing Report Shows Lack of Rentals Forces Residents to Choose ‘Unsafe’ Housing – Summerland Review

A lack of rental housing, combined with the prevalence of short-term rentals, is causing some residents to live in “inadequate or unsafe” housing, according to a report for Sicamous District. In June 2021, the district engaged CitySpaces Consulting to complete a Housing Needs Report. The full report was submitted to the district on Jan. 18 […]

Housing crisis

Productivity Commission confirms worsening housing crisis

Productivity Commission confirms worsening housing crisis Today’s Productivity Commission report on government services shows more and more Australians are being pushed to the brink of poverty and poverty homelessness due to the explosion of rents and the reduction in the supply of social housing. In 2021, an alarming 45.7% of people on Commonwealth Rent Assistance […]

Housing supply

Record housing supply in the Philly area will continue to challenge buyers

The next few months will likely be tough for Philadelphia-area homebuyers as they start the year with even fewer options than they had at the same time last year. Last month’s housing supply in the Philadelphia metro area was down 9% from December 2020 and about 35% from pre-pandemic levels in December 2019, according to […]

Housing supply

Shortage of real estate housing supply in North Carolina

GREENVILLE, NC (Stacker.com) – The economics of real estate is both simple and complex. As with any other commodity, supply and demand drive costs in the housing market, and right now house costs are at an all-time high, an 18% increase since September 2020. But Factors creating record inventories and increased interest buying are varied […]

Housing report

Coronavirus housing report highlights localities vulnerable to economic impact

ATTOM released its fourth quarter 2021 coronavirus special report, highlighting county-level housing markets in the United States that have been found to be more or less vulnerable to damage from the ongoing coronavirus pandemic that still puts endanger the American economy. The report shows that New Jersey, Illinois and parts of California had the highest […]

Housing crisis

Community Land Trust: A Proven Model for Solving Indy’s Housing Crisis

The COVID-19 pandemic has worsened an already severe housing crisis. As property values ​​and housing costs soar downtown, low-income residents are being pushed further to the east and west sides of Indy, disrupting communities and established support systems. We now have the opportunity to begin to address the housing crisis and its devastating effects through […]

Housing supply

Government must focus on imbalance in housing supply -…

Executive Director Kate Davies comments: “Despite – and in some cases because of – the continued Covid-19 pandemic, 2021 has remained a very busy year for the housing market. Amid this continued demand, there are still many areas we need to focus on to support the market and ensure it is accessible to borrowers across […]

Housing supply

The government must focus on the imbalance in housing supply…

Executive Director Kate Davies comments: “Despite – and in some cases because of – the continued Covid-19 pandemic, 2021 has remained a very busy year for the housing market. Amid this continued demand, there are still many areas we need to focus on to support the market and ensure it is accessible to borrowers across […]

Housing crisis

Lehman, Watson: To solve the housing crisis, bring all the actors around the table

Breadcrumb Links Opinion Columnists There are too many separate working groups, summits and programs going on right now at all three levels of government. Ottawa, like other cities in Ontario, is struggling with affordable housing, whether rental or owner-occupied. Photo by Tony Caldwell /Postmedia Content of the article Ontario is in the midst of a […]

Housing supply

Will increasing housing supply solve the affordability problem?

Opinion: Government policies simply aren’t on the radical scale required to cut costs and prices enough to close the affordability gap In a 1978 episode of RTE’s Frontline, journalist Forbes McFall said, “There is now a general feeling that something is wrong with the housing market. Thousands of people can no longer afford to buy”. […]

Housing crisis

Waterloo Region Mayors Call for Collaboration to Solve Housing Crisis

Ontario is in the midst of a housing crisis as prices continue to soar. People should have the choice to live close to work and family, just like the generations before them. But for too many of them, the housing crisis has already made that choice for them. Tragically, as these problems ripple through the […]

Housing supply

Homebuilding slows as housing supply hits record low in Canada, data shows – National

Statistics released this week by Canadian real estate authorities show that while the inventory of homes available for sale in the country is at record highs, the pace of construction of new units is also slowing. The Canada Mortgage and Housing Corporation said Tuesday that the annual pace of housing starts in December fell 22% […]

Housing crisis

CLARK: All levels of government must work together on the housing crisis

Breadcrumb Links Opinion Columnists Publication date : January 17, 2022 • 16 minutes ago • 3 minute read • Join the conversation A real estate sign reading ‘For Sale’ and ‘Sold Above Demand’ in Vaughan. Photo by Mark Blinch /Reuters Content of the article Overcoming the housing affordability crisis in Ontario requires coordinated leadership from […]

Housing crisis

Canada’s housing crisis worse than ever as Liberals sit alongside ‘Canada’s NDP

OTTAWA – Two new reports released this morning reveal what Canadian families have been going through for years: the cost of housing in Canada is skyrocketing, making it out of reach for many. Meanwhile, the Liberal government’s response to this deepening crisis is more talk than action. New Democrats have and will continue to push […]

Housing supply

Paulson: Tight housing supply welcomes 2022

Breadcrumb Links Columnists The numbers are in and it’s official: Saskatchewan has set a record for home sales in 2021. Publication date : January 12, 2022 • January 12, 2022 • 4 minute read • Join the conversation Saskatchewan set a record for home sales in 2021. Sales of 17,387 soared 17% from the previous […]

Housing supply

The Great Housing Shortage Is Not Going Away

Assuming the housing market had a balanced supply of housing relative to demand in 2000 (no deficit or surplus), we can track the excess or shortage of housing supply relative to demand cumulatively over time with gray bars. While we overbuilt relative to demand in the housing boom as household formation slowed, we have underbuilt […]

Housing sector

Banking NPAs, housing sector dynamics, crypto risks: key takeaways from the RBI report

The Reserve Bank of India, in its December 2021 Financial Stability Report, released on Wednesday, maintained that the Indian economy has recovered from the second destructive wave of the Covid-19 pandemic in April-May 2021, and as consumer confidence and business optimism grew. But he also noted that banks’ gross non-performing assets, already large at 6.9% […]

Housing sector

The housing sector will build on this year’s growth in 2022

Falling mortgage rates, awareness of the need for housing due to the pandemic and stable house prices should contribute to a sustained recovery in the residential real estate market next year. The housing market across the country has seen green shoots of recovery and is expected to gain momentum here. With strong end-user demand and […]

Housing supply

Supply and demand for social housing a constant treadmill

Picture file Clare Sinn Féin TD Violet-Anne Wynne spoke out against the treadmill effect of families in need of social housing and the number of homes being added to the social housing stock. Deputy Wynne said: ‘There are 3,000 people on the social housing waiting list in Clare. This number has not decreased much for […]

Housing supply

Using data to navigate 2022 housing supply and affordability issues

HousingWire Editor-in-Chief, Sarah Wheeler, had the opportunity to sit down with Autumn Barkhuff, CoreLogic Principal of Program Management, to talk about potential housing market trends in 2022 and how real estate analytics can help decision-making. of decision. “So in an ever-changing market that’s really filled with scattered data sets, real estate analytics becomes really essential […]

Housing report

RE/MAX National Housing Report for November 2021

DENVER, December 17, 2021 /PRNewswire/ — The historically strong housing market continued to advance in November as buyers seemingly gobbled up available homes as soon as they hit the market. Buyers finally saw welcome relief on prices, with the November median sale price falling 2.9% to $330,000 – the largest monthly decline since the start […]

Housing supply

Weinberger pushes zoning changes to boost housing supply

Click to enlarge Derek Brower©️ Seven days Mayor Miro Weinberger Mayor Miro Weinberger will push for major zoning changes in the South Burlington neighborhood and beyond in an effort to ease the housing crisis, he announced Thursday. Weinberger released a 10-point plan to open up areas of the city to builders. The aim is to […]

Housing supply

City Council bolsters support for increasing housing supply and affordability with Vacant Housing Tax – City of Toronto

Press release December 16, 2021 Today City Council approved details of the implementation of a Vacant Housing Tax, which will be levied on vacant properties from January 2022. The purpose of the tax is to help the availability and affordability of the housing stock on the market by creating a disincentive effect for owners to […]

Housing report

3 Takeaways from ULI’s Housing Report

A photo of the Stable Residents, Stable Properties presentation. A study just released by the Urban Land Institute reveals what stakeholders across all sectors of the nation’s rental housing market see as the most pressing issues in today’s environment – and most importantly – what needs to be done. be done to provide more stability […]

Housing sector

The social housing sector is “financially resilient” in 2020-21 despite the pandemic

The Social Housing Regulator has published its 2021 Global Accounts today (December 14, 2021), a financial statement of the social housing sector for the year ending March 31, 2021. The report shows that the sector has demonstrated resilient financial performance in the face of difficult economic and operational conditions. The first part of the year […]

Housing supply

Housing supply remains a burning issue

The housing stock has been a critical issue for the British Columbia real estate market and for the Canadian housing market in general. From a scarcity of real estate listings to months of record inventory, it has become increasingly difficult for homebuyers to achieve the Canadian dream of home ownership. Even if young families and […]

Housing supply

Airbnb rentals are seen as a drag on Peterborough’s supply of rental accommodation

Peterborough’s vacancy rate could nearly double if short-term rentals, which include houses, apartments and single rooms, are added to the potential pool of rentals in the city and county of Peterborough. The vacancy rate was 2.6% for 2020, according to the Canada Mortgage and Housing Corporation, but local housing advocates say the rate could improve […]

Housing supply

‘Unsustainable’ credit will not provide viable housing supply – Central Bank

Giving households access to “unsustainable” amounts of credit to buy homes will not lead to a sustainable supply of much-needed properties, Central Bank Deputy Governor Sharon Donnery said Thursday. The comments underscore the Central Bank’s reluctance to introduce major changes to its mortgage lending restrictions as it continues to conduct a comprehensive review of rules […]

Housing sector

The housing sector shows signs of stabilization

BEIJING: As “housing is for living in, not speculation” remains the dominant mantra in the real estate industry, prices for new and second-hand homes in major Chinese cities rose at a slower pace in October compared to to the previous year, and experts expect the adjustments to lead to a better balance between supply and […]

Housing supply

Historically low housing supply in British Columbia, even as prices rise, report says

According to a report by the BC Real Estate Association, British Columbia’s housing market is at an all-time low in terms of supply, even as house prices soar. This means potential buyers in Metro Vancouver need to look beyond Fraser Valley suburbs and travel even further to find lower housing prices. The report, released on […]

Housing supply

Lack of housing supply drives up Ottawa home prices, report says

OTTAWA — Ottawa’s housing market returned to pre-pandemic sales levels last month; however, the lack of supply of homes for sale continues to push prices up. The Ottawa Real Estate Board reports that 1,677 residential properties were sold in Ottawa in October, compared to 2,132 in October 2020. The 1,677 properties sold in Ottawa last […]

Housing sector

KPKT performs Big Data Analytics to get a true picture of the housing industry

Ismail said this study aims to help address unsold properties and uncover a clearer and more accurate housing market position for the development of a sustainable and efficient real estate sector. – Bernama archive photo KUALA LUMPUR (October 25): The Ministry of Housing and Local Government (KPKT) is conducting the Big Data Analytics (BDA) study […]

Housing sector

KPKT Conducts BDA Study to Get True Picture of Housing Industry

KUALA LUMPUR: The Department of Housing and Local Government (KPKT) is conducting the Big Data Analytics (BDA) study on housing last February to get a true picture of the position and availability of data related to the housing sector in Malaysia. His Deputy Minister Datuk Seri Ismail Abdul Muttalib said the study, which is expected […]

Housing supply

Housing supply cannot keep up with demand, says NAHB CEO, but solution to ‘looming crisis’ must be found quickly

Homebuilders are scrambling to build new homes, but supply and labor shortages are slowing them down, creating a housing shortage in the United States (iStock) House prices have skyrocketed over the past year as imbalances between supply and demand have grown in the housing market. As current owners are reluctant to sell their homes in […]

Housing sector

The disconnect between supply and demand is nothing new for the housing sector

Through Legal futures Associate the meaning of the search Monthly construction output fell by 0.2% in volume terms in August 2021, with the level of output now 1.5% below its pre-coronavirus level (February 2020). Public sector construction output for new housing remains down 28.6% from February 2020, while private housing construction is down 3.8%. Andy […]

Housing supply

WILD: Housing supply in the GTA is tight to last for the foreseeable future

Breadcrumb Links Toronto and the GTA Opinion Real estate in the Toronto area is in the midst of an affordability crisis that can only be resolved through government cooperation, says TRREB Publication date : October 08, 2021 • October 8, 2021 • 3 minute read • 6 comments Residential home sales in Metro Vancouver are […]

Housing sector

APRA must do more to chill the housing sector – ShareCafe

Australian trade commentators, analysts and investors went a little wild at the weekend after APRA, the main financial regulator, dipped its toe in house price waters and revealed a slight tightening of service rules real estate loans. He was blamed for the drop in the ASX 200 on Wednesday, banking stocks, especially Commonwealth and no […]

Housing sector

Can the private housing sector stop chasing it?

Can the private housing sector learn new tricks? Getty Endless eviction bans, credit check bans for new residents and limits on rent increases are just some of the government interventions that have proliferated in recent years, even before Covid-19. and government reactions to it costing people their jobs and income. It would be reasonable to […]

Housing supply

Imbalance: housing supply and demand during the pandemic

Vancouver, BC – October 7, 2021. The British Columbia Real Estate Association (BCREA) has released a report quantifying the imbalance between supply and demand in the British Columbia housing market during the COVID-19 pandemic. BCREA’s recent Market Intelligence report, Imbalance: housing supply and demand during the pandemic, at the height of market activity in March […]

Housing sector

‘Ballistic’ property market creates barriers for independent disability housing sector

Queensland’s competitive housing market has added further pressure on the disability accommodation sector, as providers look to tackle a ‘new century’ of support that emphasizes independent living. Key points: Endeavor Foundation will build 70 fully accessible homes over the next four years He estimates that 1,700 people need specialist disability accommodation in Queensland Disability support […]

Housing sector

China’s housing sector risks falling into a bear market, says Citi

(Bloomberg) – Home prices in China are at risk of a “significant decline” regardless of what happens to the China Evergrande Group, analysts at Citigroup Inc. said, further dampening the country’s economic growth. “It seems clear that even under an orderly restructuring, the property sector in China is likely to face downward pressure,” analysts including […]

Housing sector

National Association of Realtors Chief Economist: ‘The housing sector is clearly stabilizing’

By Anna Bahney, CNN Business The housing market is starting to look a little more normal. Home sales fell in August from both July and a year ago, breaking two straight months of increases, according to National Association of Realtors. Home purchases have increased over the past year, which Lawrence Yun, NAR’s chief economist, says […]

Housing supply

Homebuilders tackle Canada’s housing shortage

Housing supply in Canada was falling short of demand even before COVID hit, a situation the pandemic has highlighted. It’s not that homebuilders have been idle. Housing starts over the past 12 months have been the strongest since the mid-1970s, and the number of homes under construction is at an all-time high. The problem is […]

Housing report

None of the federal parties propose doing enough for housing: report

Breadcrumb Links News Election 2021 A UBC research lab says no federal party has a platform that will “restore housing affordability for all.” Publication date : Sep 17, 2021 • September 17, 2021 • 2 minute read • 5 comments A graphic summarizes an analysis of each party’s housing platform by a University of British […]

Housing supply

How advocates are tackling housing supply to help close the homeownership gap

by Gabbriel Schivone Realtors® are members of the National Association of Realtors® Maggie Amado-Tellez, a nonprofit leader and REALTOR® member of the National Association of REALTORS®, has always aspired to buy her own home. And, once she realized that dream, she made it her mission to make sure others could do the same. Amado-Tellez’s homeownership […]