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.