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[06.29.2024 - 07.05.2024] Weekly Real Estate Review: Vancouver and Canada Markets

This week, we highlight four key topics: Growing demand boosts rental housing construction; court-ordered sales increase in Vancouver and Fraser Valley; buyer hesitation slows home sales in metro Vancouver; and BC launches portal to prevent bad-faith evictions.
2024-07-08 12:04:48

[06.22.2024 - 06.28.2024] Weekly Real Estate Review: Vancouver and Canada Markets

This week, we highlight four key topics: Canada's liveability rankings are affected by the ongoing housing crisis; the deadline for B.C. municipalities to permit multiplexes on single-family lots is approaching; the city of Vancouver unveils new housing targets along with a 3-year action plan; and With its 2025 opening approaching, Oakridge Park mall is now over 90% leased.
2024-06-29 20:45:28

[06.15.2024 - 06.21.2024] Weekly Real Estate Review: Vancouver and Canada Markets

This week, we highlight four key topics: Vancouver renters hit hard by rising costs, major tower project planned by future Emily Carr skytrain, Canadian housing starts increase 10% in May, and CRA monitors frequent trading in TFSAs for business activity.
2024-06-21 11:34:18

[06.08.2024 - 06.14.2024] Weekly Real Estate Review: Vancouver and Canada Markets

This week, we highlight four key topics: Vancouver raising height limits for mass-timber buildings, a report indicating new housing needs $100,000 per home for infrastructure, Tiff Macklem emphasizing that boosting productivity is crucial for economic stability, and Vancouver approving new water heater standards for homes.
2024-06-14 12:29:06

[06.01.2024 - 06.07.2024] Weekly Real Estate Review: Vancouver and Canada Markets

This week, we highlight four key topics: the Bank of Canada reducing interest rates, limited relief for Vancouver's housing market, a 20% drop in Vancouver home sales, and UBC's expansion plans for the Surrey City Centre campus.
2024-06-10 12:07:11

[05.18.2024 - 05.24.2024] Weekly Real Estate Review: Vancouver and Canada Markets

This week, we highlight four key topics: CPPIB's 8% return and reduced real estate exposure, a major development proposed for Richmond's Night Market site, the illusion of a B.C. homebuilding boom, and the Bank of Canada poised for a June interest rate cut amid cooling inflation.
2024-05-27 10:37:08

[05.11.2024 - 05.17.2024] Weekly Real Estate Review: Vancouver and Canada Markets

This week, we feature four key topics: the decline in Canadian home sales and construction in April, Vancouver missing its housing targets set by the B.C. government, the fragmented industry hampering Canada's housing construction capacity, and the Lower Mainland housing sales nearing cyclical lows amid the peak season.
2024-05-22 13:51:50

[05.04.2024 - 05.10.2024] Weekly Real Estate Review: Vancouver and Canada Markets

This week, we feature four key topics: the proposed policy giving Vancouver first right to buy properties, Victoria's success in exceeding B.C.'s housing targets, the increase in skilled immigrant workers to boost homebuilding, and the large-scale development planned for the Richmond Night Market site.
2024-05-10 17:40:14

[04.27.2024 - 05.03.2024] Weekly Real Estate Review: Vancouver and Canada Markets

This week, we highlight four significant topics: an increase in home sales and listings in Vancouver despite high borrowing costs; the rising trend of co-ownership among young homeowners in B.C.; the effects of the capital gains tax increase on Canadian investors; and the Bank of Canada's approach to reducing interest rates as inflation begins to stabilize.
2024-05-03 11:24:06