Multi-Family

Kelowna multi-family housing starts have soared, pushing up the vacancy rate by providing more supply to the city's growing young population

The project is subject to a housing agreement with the city that guarantees the building remains a rental for at least 20 years

A new report shows a 23 per cent decrease in Metro Vancouver apartment sales and cautions that municipal intervention may hinder the proposed new supply

The majority of multi-family investment for the first half of 2017 has taken place in Vancouver, while Calgary and Edmonton activity lags far behind

A new market report analyzing the multi-family sector during the first half of 2017 shows a tightening vacancy rate by a sharp decrease in transaction dollar volume

A new mid-year report from the Goodman team shows a decrease in apartment sales and multi-family sites selling at a premium for potential redevelopment

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