{"id":589,"date":"2026-04-03T15:00:00","date_gmt":"2026-04-03T15:00:00","guid":{"rendered":"https:\/\/www.kbhanna.com\/blog\/?p=589"},"modified":"2026-04-03T15:00:00","modified_gmt":"2026-04-03T15:00:00","slug":"despite-falling-prices-b-c-needs-more-homes-to-boost-affordability","status":"publish","type":"post","link":"https:\/\/www.kbhanna.com\/blog\/2026\/04\/despite-falling-prices-b-c-needs-more-homes-to-boost-affordability\/","title":{"rendered":"Despite falling prices B.C. needs more homes to boost affordability"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>House prices in British Columbia fell 9.1% from 2022 to 2025 but remain 35.7% higher than in 2019, posing affordability challenges. Homebuilding dropped 4.7% in 2025 due to restrictive land-use policies, zoning rules favoring single-family homes, lengthy municipal approvals, and high charges on new units. These factors limit housing supply and keep prices high. Easing restrictions and lowering fees could boost construction and affordability.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.fraserinstitute.org\/commentary\/despite-falling-prices-bc-needs-more-homes-boost-affordability\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>House prices in British Columbia fell 9.1% from 2022 to 2025 but remain 35.7% higher than in 2019, posing affordability challenges. Homebuilding dropped 4.7% in 2025 due to restrictive land-use policies, zoning rules favoring single-family homes, lengthy municipal approvals, and high charges on new units. These factors limit housing supply and keep prices high. Easing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-589","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/posts\/589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/comments?post=589"}],"version-history":[{"count":1,"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/posts\/589\/revisions"}],"predecessor-version":[{"id":591,"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/posts\/589\/revisions\/591"}],"wp:attachment":[{"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/media?parent=589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/categories?post=589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kbhanna.com\/blog\/wp-json\/wp\/v2\/tags?post=589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}