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Multi-Family

Outlook: multi-family rental buildings will attract big-ticket sales

Outlook: multi-family rental buildings will attract big-ticket sales

Third-quarter sales dip in B.C.’s multi-family market expected to in be in rear view mirror shortly as interest rates stable and immigration hits stride
B.C. strata changes open door to condo speculators, experts say

B.C. strata changes open door to condo speculators, experts say

B.C. NDP government is removing rental restrictions in residential stratas, which will increase investor interest and the insurance needed by strata groups, critics argue
New rental units are smaller than three parking stalls

New rental units are smaller than three parking stalls

Concord high-rise project in Burnaby’s Metrotown will include 58 non-market studio suites from 323 square feet
B.C. housing plan will immediately extend speculation taxes

B.C. housing plan will immediately extend speculation taxes

New scheme would turn all condos into rentals and subject the owners to provincial and Vancouver ‘empty home’ taxes if not rented
Residential land still seeing eye-popping prices

Residential land still seeing eye-popping prices

Even as B.C. home prices decline, Metro Vancouver and Vancouver Island developers appear willing to pay millions of dollars per acre for residential assemblies
Meter ticking at $62,500 a month on two DTES hotels

Meter ticking at $62,500 a month on two DTES hotels

The City of Vancouver has spent at least $1.5 million since it bought the dilapidated and vacant Balmoral and Regent Hotels on the Downtown Eastside two years ago
City of Richmond ignores resident concerns, approves 330 rental units

City of Richmond ignores resident concerns, approves 330 rental units

Neighbours cited fear of rising crime and parking problems if low-cost, high-density rental development allowed to proceed
Calgary, Saskatoon condos eyed for positive rental cash flow

Calgary, Saskatoon condos eyed for positive rental cash flow

With modern condos priced under $200,000 and average rents climbing, investors from B.C. and Ontario are seeking profit on the Prairies
Condo owners lose bid to wind-up and sell aging strata building

Condo owners lose bid to wind-up and sell aging strata building

Owners of a 40-year-old multi-family development in Coquitlam, B.C. told wind-up is too confusing after developer pulls out of multimillion-dollar deal
Opinion: Government linked to every rental market downturn

Opinion: Government linked to every rental market downturn

Study covering 35 years of Metro Vancouver’s multi-family rentals shows government intervention the constant in every market slump