Now that many young people are expecting to rent for life – if they want to live in Vancouver – developers have woken up to the formerly neglected rental market. Renting has for too long been seen as second to owning, but in Vancouver at least, that attitude will soon have to change in the

Vancouver council has approved Canada’s first-ever tax on vacant homes, despite hearing from a raft of people who say it will penalize owners of modest second homes who use their properties regularly instead of pure investors. The city’s mayor defended the tax as an essential part of the response to the region’s housing crisis. Mayor

British Columbia home prices continued to drop sharply last month but the declines are being driven by the Vancouver market where sales continue to slump, say realtors in the province. The British Columbia Real Estate Association, which represents about 20,000 realtors, said Tuesday that there 7,272 sales through Multiple Listing Service last month, a 16.7