The Canada Mortgage and Housing Corporation (CMHC) has announced over $45.5 million in funding through the Affordable Housing Fund to build 104 affordable rental homes in Vancouver. cmhc-schl.gc.ca
Located near Trout Lake, the six-storey development will offer units ranging from studios to three-bedrooms, with indoor and rooftop amenity space, bike parking and just a short walk to transit.
For first-time home buyers and investors in the Greater Vancouver area, this injection of supply signals a step toward easing the region’s long-standing housing shortage and may influence rental markets and resale pricing.
As a Vancouver Realtor, I see this as a reminder that supply dynamics impact value — and even if you’re buying rather than renting, watching affordable rental supply gives clues about future demand and pricing behaviour.
#EmilyVuRealty #VancouverRealEstate #VancouverBC #YVRRealEstate #VancouverLiving #VancouverBusinessOpportunity #InvestInVancouver #ExploreVancouver #LifeInVancouver #VancouverCommunity #VancouverNeighborhood #VanCityLiving #VancouverInvestment #DowntownVancouver #BCRealEstate #Vancouver #burnabyevents #yvrlife #vancouverhomes #InterestRates #followforfollowback #JustSold #forsale #VancouverRealEstate
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Comments:
Post Your Comment: