Homebuyers Shun New Real Estate in Vancouver, Hurting Builders

Canada News News

Homebuyers Shun New Real Estate in Vancouver, Hurting Builders
Canada Latest News,Canada Headlines
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Politicians are desperate for developers in Vancouver to build more homes to alleviate pressure in one of the continent’s most expensive real estate markets. There’s just one problem — not enough buyers are showing up.

Homebuyers Shun New Real Estate in Vancouver, Hurting BuildersUS Pending Home Sales Jump in March to Hit Highest in YearBristol Myers Beats on Revenue as Revlimid Sales Decline SlowsLutnick Lands Wall Street Giants for His Futures Fight With CMEMicrosoft, Alphabet Face a ‘Show Me’ Moment After Meta MisfireCaterpillar Profit Beats Estimates as Pricing Offsets Sales DipIPO Rebound Creates $5.

8 Billion in Wealth From Nursing to TechArizona’s Abortion Law Repeal Comes as Independents Trust Biden More on IssueIsrael Prepares Forces as Conflict With Hezbollah IntensifiesLutnick Lands Wall Street Giants for His Futures Fight With CMECaterpillar Profit Beats Estimates as Pricing Offsets Sales DipUkraine’s Budget ‘Very Uncertain’ Next Year, Finance Chief SaysCnooc Profits Rise as Drilling Output Grows Amid Lower PricesColombian Steelmaker Paz del Río Bets on Tariff Hike as China...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vancouver Coastal Health Opens New Drug Overdose Prevention Site in Downtown VancouverVancouver Coastal Health Opens New Drug Overdose Prevention Site in Downtown VancouverVancouver Coastal Health (VCH) announced the opening of a new drug overdose prevention site in downtown Vancouver to replace the previous facility. The new site is located in a parking lot behind a social housing building on Howe Street.
Read more »

Hong Kong Homebuyers Flock to New Projects, Shunning Used FlatsHong Kong Homebuyers Flock to New Projects, Shunning Used FlatsHong Kong homebuyers are snapping up new properties after the government cut taxes last month.
Read more »

Surrey, Kelowna, Prince George added to B.C.’s housing target hit listSurrey, Kelowna, Prince George added to B.C.’s housing target hit listMultiple communities in Metro Vancouver, Fraser Valley and on Vancouver Island are also on list
Read more »

New Building Projects Impact Office Vacancy Rates in Metro VancouverNew Building Projects Impact Office Vacancy Rates in Metro VancouverNew building projects in Metro Vancouver are affecting office vacancy rates, with downtown Vancouver experiencing a high vacancy rate of 14% in the first quarter of 2024. The increase in vacancies is attributed to recent construction completions and an increase in sublease space.
Read more »

Vancouver FC looks to make a mark, help make a difference with new jerseyVancouver FC looks to make a mark, help make a difference with new jerseyVancouver FC is thinking pink this year, thanks to its new 'Cherry Blossom Kit.' And hoping to look good while helping make a difference.
Read more »

Vancouver FC looks to make a mark, help make a difference with new jerseyVancouver FC looks to make a mark, help make a difference with new jerseyVancouver FC is thinking pink this year, thanks to its new 'Cherry Blossom Kit.' And hoping to look good while helping make a difference.
Read more »



Render Time: 2025-02-19 17:44:32