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Posted on by
Posted in housing needs, prince george, yxs, city report, real estate,
To better understand local housing needs, the City of Prince George conducted a Housing Needs Assessment in 2021. This report was created to help the City of Prince George, residents and local organizations better understand the current and future housing needs and gaps in Prince George. The report summarizes those findings and presents the results of statistical analysis of data, a public survey, and engagement with local community members and stakeholders.
 
Some key findings include:
  • Average rental unit prices have increased 66% between 2005-2020
  • Average home sales prices have increased 140% between 2016-2020
  • 9,440 renter households, with 3,702 registered rental units
  • 655 owner households in core need
 
 
 
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Posted on by
Posted in housing needs, prince george, yxs, city report, real estate,

The housing needs assessment, authored by Urban Matters in 2021 and presented to city council on Monday, found that rapidly increasing sales prices and rents and limited primary rental units are putting strain on both renters and homeowners.

Additionally, complex social issues such as homelessness and discrimination are factoring into the ability of marginalized people to find and maintain housing.

The report forecasted that Prince George is in need of about 10,903 units across every housing type by 2031.


PRESS HERE for full story


Here is link to the official City of PG Housing Needs Report Dec.2021 -  Click Here

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Categories:   about prince george, yxs, central bc, british columbia, | about prince george, yxs, central bc, british columbia, nechako river, ice flows, | affordable housing, solutions, ideas, real estate | awards, | awards, dean birks, top producer, top realtor, city of prince george, royal lepage, free market evaluations, list your home, | BC Assessments, Prince George, YXS, Home values, | bc housing, real estate, report, yxs. prince george, northern bc, home prices, | BC Hydro | BC Natural Resources | BCR, petrochemical, prince george, olefins, yxs, | BCREA | building permits, | Canada Q1 2023 | carriage house, cottage house, prince george, secondary housing, | city of | cn rail, prince george cougars, whl, hockey, family day, cn centre, city of pg, | covid, virus, reports, stats, british columbia, pandemic, real estate, | covid-19, virus, | CREA | dinosaur, prince george, museum, yxs, british columbia | dp todd, school district 57, prince george, expansion, yxs | Eco | econo | econom | economic | economic conditions | economic development, indicators, city of prince george, real estate, employment, report, | economic update, city | economic update, city of prince george, dean birks, top realtor, | economic update, city of prince george, yxs passengers, building permits, home sales, employment, | government policies | home ownership, tips, suggestions, real estate, canada, prince george bc, | home prices | home prices, increase, mls, single family home, prince george, yxs, | housing needs, prince george, yxs, city report, real estate, | housing supply | hyatt, prince george, yxs, downtown, hotel, | interest rates | Kelly Road, School, Hart Highway, SD57, Kelly Rd, High School, | listing, selling, home values, prince george, yxs, dean birks, top realtor, royal lepage, covid, | LNG, Mega Project, Central BC, Prince George, Hub, | mls sales data, bcrea, fall sales, august sales, dean birks, prince george real estate, yxs, | new construction, new home, building, costs, | Nordic ski | Olefins, petrochemical, natural gas, lng, western canada, prince george, yxs, | population, infrastructure, | predictions | Prince George | Prince George & area | prince george life, | prince george, building boom, lng, building permits, yxs, prince george real estate, dean birks, | prince george, conference board of canada, economic outlook, jobs, unemployment, building permits, real estate, | Prince George, Investment, real estate, central bc, Western investor, | prince george, yxs, film festival, | Property tax, deferral, ptd program, | real estate agent | real estate market | Real Estate related | real estate report, city of prince george, november 2020 update, | Real Estate stats, yxs, prince george, | recovery, real estate, BCREA, MLS, Stats, covid-19, | repayment, rent, tenancies, delinquency, bc, rent control, | Signal, secure communication, private, real estate, dean birks, prince george, | Simon Yu | stats | student housing, prince george, faction projects, downtown, unbc, cnc, | Summer Games | telus, fibre optic, network, prince george, yxs, | Terrace | Tourism | Transmission line | Twinning project | Uncategorized | West Coast Olefins, petrochemical, plant, yxs, prince george, ken james, | winter, check list, maintenance, home, repairs, ice, | Woman World Curling
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