Despite the COVID-19 pandemic — or perhaps, because of it — Vancouver is experiencing a major housing market boom. Prices are rising, demand is outpacing supply and the city is on track to issue about 65 percent more single-family construction permits this year.
As of Dec. 23, Vancouver had issued 494 new single-family permits in 2020 compared with 300 in 2019, according to Jason Nortz, Vancouver development review division manager.
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