Around Town: Single-family benchmark price surpasses $500,000 in May

Around Town: Single-family benchmark price surpasses $500,000 in May

The benchmark price of a single-family home in the Vancouver Island Real Estate Board (VIREB) area broke the $500,000 mark in May, rising to $507,700, a 17 per cent increase from one year ago. Sales of single-family homes were down 17 per cent from last year but...
Around Town: New Affordable Housing Funding

Around Town: New Affordable Housing Funding

BC Housing has announced funding opportunities through a Community Housing Fund. The new program is expected to create over 14,000 new residential units across BC over the next 10 years. Projects can be combined with an existing mixed-use site or existing housing if...