Multi-Family

Results from a year-long period of realtors' polls conducted by REBGV shows foreign buyers do not dominate the residential market

Supply of new, move-in-ready townhome and condo units is remarkably scarce, especially within Vancouver city limits

Greater Vancouver strata owners are profiting from a recent bill that allows entire complexes to be sold with 80 per cent strata council approval

The City of Vancouver has approved construction of nearly 200 affordable housing units in East Van - starting at $1,256 a month for a studio suite

Two complexes on North Road sold for $416K per suite - a windfall considering owners were facing expensive repair costs

Rental building sales have weakened as cap rates plunge and dollar volumes drop 54 per cent

Alberta, Saskatchewan cities seeing higher vacancies than in the more stable Manitoba capital

Vancouver condos still severely outprice every other market

Despite a slowdown in sales, Metro Vancouver's multi-family asset class remains one of the safest investment classes in commercial real estate, due to high per-suite values and demand

Winnipeg is short of rentals and Saskatchewan is short of tenants, as Manitoba’s capital draws investors while Saskatoon and Regina landlords face rising vacancies