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Multi-Family

Metro Vancouver's rental vacancy rate has been chopped in half

Metro Vancouver's rental vacancy rate has been chopped in half

The region has the highest average rent in Canada with a two-bedroom unit at $1,824 and a two-bedroom condo at $2,498.
Local landlords swallowed as market demands deeper pockets

Local landlords swallowed as market demands deeper pockets

Six out of 10 rental apartment buildings in B.C. now bought by national REITs or other institutional investors as soaring prices, government restrictions convince local landlords to sell
Three-tower complex pitched for downtown Kelowna

Three-tower complex pitched for downtown Kelowna

Mission Group and the University of British Columbia Okanagan present proposals for a massive mixed-use complex that still requires city approvals
Metro Vancouver home sales, prices hit record high in 2021

Metro Vancouver home sales, prices hit record high in 2021

Despite ongoing pandemic, region saw 43,999 residential real estate transactions – up 42.2 per cent from 2020
CRE OUTLOOK 2022: ‘Beds, sheds’ and office deals lead big-city Alberta into New Year

CRE OUTLOOK 2022: ‘Beds, sheds’ and office deals lead big-city Alberta into New Year

Based on late-year momentum, industrial, multi-family and downtown offices will top real investments in Calgary and Edmonton in 2022
Squamish takes the heights in home price increases

Squamish takes the heights in home price increases

With home prices ascending faster than anywhere in Metro Vancouver, Sea-to-Sky city has more than Chief climbers heading for the top
North Van’s Maplewood proposal finally goes to council

North Van’s Maplewood proposal finally goes to council

A decade after discussion and planning began, developers’ proposal for a 535-home and retail town centre goes to first reading in North Vancouver District this month
Port Moody nixes proposed $350K micro-condos

Port Moody nixes proposed $350K micro-condos

A six-storey condo project being proposed for Port Moody will no longer feature 57 micro-suites after some councillors criticized the tiny living spaces
Typical Greater Vancouver condo now costs $752,800

Typical Greater Vancouver condo now costs $752,800

Market shift sees condominium apartment sales surging but November benchmark prices are 11.4 per cent higher than a year ago and still rising by nearly 1 per cent a month
Vancouver housing co-op strikes deal with developers

Vancouver housing co-op strikes deal with developers

Owners of South Vancouver co-op will double the number of units in one of Canada’s largest co-op housing renewal projects