homebuilding

4:25PM
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It takes 21 months (on average) for homebuilders to obtain building permits from Vancouver City Hall.


9:13AM
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Metro Vancouver’s housing crunch exists primarily because there aren’t enough new homes getting built.


12:58PM
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In Vancouver, it takes almost two years, on average, to obtain a building permit.


5:00AM
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In 2016, average rents in Montreal were $835 a month compared to $1,242 in Toronto and just under $1,300 in Vancouver.


1:34PM
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There's plenty of room to grow upwards by adding more homes within the city’s existing urban footprint.


1:57PM
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It costs an estimated $78,000 per unit to comply with building regulations in Vancouver.