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Multi-Family

B.C. rent increases capped at 3.5 per cent for 2024

B.C. rent increases capped at 3.5 per cent for 2024

B.C.'s maximum rental increase is set below the inflation rate for the fourth year in a row
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Kootenay multi-family portfolio sale shows lure of small markets

Kootenay multi-family portfolio sale shows lure of small markets

Investor snapped up six buildings with a total of 242 rental suites for less than $97,000 per door, a fraction of comparable prices in Metro Vancouver
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Nine sites set as feds offer $500M loans for Vancouver rental developers

Nine sites set as feds offer $500M loans for Vancouver rental developers

Federal Housing Minister Sean Fraser was reluctant to share locations of all nine sites backed by the low-cost loans
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Rent hit a new high in July as students prepped for school, buyers sidelined: report

Rent hit a new high in July as students prepped for school, buyers sidelined: report

TORONTO — Canadian renters have long lamented the increasing prices they see landlords request of tenants, but in July, those totals hit a level unseen in the country's history. Data from Rentals.
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Canadians remain among the top foreign buyers of U.S. property

Canadians remain among the top foreign buyers of U.S. property

Homebuyers from Canada spent US$6.6 billion on vacation, rental and permanent residence properties south of the border between April 2022 and March 2023
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Builder of troubled Langford rental tower files for bankruptcy

Builder of troubled Langford rental tower files for bankruptcy

Evacuated twice due to safety concerns, 150 creditors are owed more than $51 million, filing says
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Vancouver SRO owner rejects rent control, favours more housing supply

Vancouver SRO owner rejects rent control, favours more housing supply

Greg Spafford: "What Vancouver needs overall is just more housing — any type, any level."
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B.C. launches $500 million rental building buy fund

B.C. launches $500 million rental building buy fund

Katie Maslechko, CEO, will stick handle controversial B.C. government program that aims to help non-profits buy and preserve older rental apartment buildings
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Edmonton on a real estate roll as Exhibition Land sales start

Edmonton on a real estate roll as Exhibition Land sales start

City has seen $800 million in commercial real estate transactions through the first quarter as nearly 200 properties sold
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Changing strata law to 55-plus not a blanket ban on young

Changing strata law to 55-plus not a blanket ban on young

Some B.C. strata corporations have changed or plan to change to a 55-plus age regulation to get around a new provincial law that stops a ban on condo rentals
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