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British Columbia

Artis REIT sells eight more retail assets as transformation unfolds

Artis REIT sells eight more retail assets as transformation unfolds

Sale announcement follows listing of Alberta, Saskatchewan properties
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Mission Group postpones Kelowna projects as market tightens

Mission Group postpones Kelowna projects as market tightens

Development outlook shelves two planned Kelowna residential projects
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‘Perfect storm’ of market conditions threatens Vancouver rental projects: CMHC

‘Perfect storm’ of market conditions threatens Vancouver rental projects: CMHC

Developers holding back or delaying projects, according to new report
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Vancouver offices face first ‘tenant’s market’ in 20 years

Vancouver offices face first ‘tenant’s market’ in 20 years

City’s downtown office vacancy rate has surged from two to 12% since pandemic
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Sutton Group purchase promises to boost use of tech in real estate

Sutton Group purchase promises to boost use of tech in real estate

McCredie making significant investments following the purchase of the 40-year-old brand
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Northern B.C. looks ahead as mega-projects wind down

Northern B.C. looks ahead as mega-projects wind down

Senior governments hostile to resource development, the ending of major construction projects and fears of Indigenous veto among challenges
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Annual rent increases slowing as average asking price reaches $2,174 in November

Annual rent increases slowing as average asking price reaches $2,174 in November

Data released Friday by Rentals.ca and Urbanation, which analyzes monthly listings from the former's network, showed the annual rate of rent growth in Canada continues to slow.
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Pemberton draws buyers as investors look beyond Whistler

Pemberton draws buyers as investors look beyond Whistler

Pemberton is fertile ground for a growing number of buyers
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Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls

Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls

OTTAWA — Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.
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Government policy skews 2024 residential investment outlook

Government policy skews 2024 residential investment outlook

Interest rate settings, foreign-homebuyer ban, immigration levels, public-sector rentals, short-term rentals ban, blanket zoning for density and high DCCs among challenges to forecasting
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