Vancouver

CondoBusiness

National housing starts trend down in July

The national trend in housing starts declined slightly to 219,988 units in July 2018, down from 221,738 units in June 2018, according to CMHC.

CondoBusiness

National housing market remains highly vulnerable: CMHC

Canada’s overall housing market remains highly vulnerable, mostly due to evidence of overvaluation and price acceleration, finds CMHC.

Canadian Property Management

Q2 office vacancy space figures released

Figures for office vacancy space in Q2 of 2018 have been released. The report revealed positive absorption rates for most of the major markets in Canada.

CondoBusiness

Vancouver home sales slide 35.1 per cent in May

Home sales in Metro Vancouver continued to decrease in May 2018, reports the Real Estate Board of Greater Vancouver (REBGV).

Canadian Facility Management & Design

Passive House poised for institutional uptake

Passive House, a voluntary standard for achieving extremely energy-efficient buildings, appears to be poised for wider uptake in institutional projects.

CondoBusiness

Vancouver home sales fall nearly 30 per cent in March

In March 2018, the Real Estate Board of Greater Vancouver reported 2,517 residential home sales, down 29.7 per cent compared to March 2017's 3,579 sales.

Canadian Property Management

Canada’s three largest cities picked to thrive

Toronto, Vancouver and Montreal are among 30 global metropolises deemed well positioned to draw investment and sustain a robust real estate market for the long term.

CondoBusiness

Deadline passes for Vancouver’s Empty Homes Tax declaration period

Over ninety-eight per cent of Vancouver homeowners submitted a declaration for Vancouver's Empty Homes Tax prior to the March 5, 2018 deadline.

CondoBusiness

New condo apartment sales red hot in 2017: Altus Group

Altus Group has released data on new condominium apartment sales in key Canadian markets, including the GTA, GGH, Edmonton, Calgary and Vancouver, for 2017.

Canadian Facility Management & Design

Employers tap into tech talent clusters

Toronto, Ottawa, Vancouver, Montreal and Waterloo are deemed to provide the best dynamic for nurturing the workforce and fostering innovation in cost-competitive space.

CondoBusiness

Apartment units led year-over-year price gains in October

Apartment units continued to lead year-over-year price gains in October, the Canadian Real Estate Association (CREA) reported last week.

CondoBusiness

GTA and Vancouver see more luxury condo sales

Vancouver boasts a greater share of higher priced transactions with 165 condo deals topping $2 million versus 100 in the Greater Toronto Area, but the single highest price was garnered in the GTA.

Canadian Property Management

Land tops Vancouver Q2 investment transactions

Vancouver's three largest investment transactions for the spring of 2017 surpassed an entire quarter's worth of activity in Calgary.

CondoBusiness

Survey finds majority opposes home-sharing services ban

With short-term rental rules on the horizon, a group is touting the survey finding that a majority of Canadians oppose a ban on home-sharing services.

Canadian Facility Management & Design

UBC breaks down barriers with mixed-use hub

UBC is breaking down barriers with Ponderosa Commons, the first of five mixed-use residences designed to activate the commuter campus year-round.

CondoBusiness

Vancouver echoes Toronto’s proposed short-term rental rules

City of Vancouver staff earlier this month proposed short-term rental rules that are markedly similar to rules proposed in Toronto.

Canadian Property Management

Toronto and Vancouver outperform market pack

Second quarter stats reveal a widening gap between Canada's prospering and struggling office markets, while investors continue to focus on downtown Class A properties.