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Low vacancy rates persist in province’s urban regions

Low vacancy rates persist in province’s urban regions

There were few surprises in Canada Mortgage and Housing Corp.’s recently released semi-annual scan of B.C. rental markets in the purpose-built segment. The province’s average apartment vacancy rate held steady at 1.3%, up from 1.2% in 2015.
New rules, Trump presidency expected to push up Canadian mortgage rates in 2017: BCREA

New rules, Trump presidency expected to push up Canadian mortgage rates in 2017: BCREA

What do new mortgage qualification rules for homebuyers and Donald Trump’s unexpected election to the presidency of the United States have in common? They are both factors behind an expected 25-basis point jump in five-year mortgage rates in 2017, ac
UBC becoming a new frontier for family housing

UBC becoming a new frontier for family housing

Campus’ Wesbrook Village planned community adding up to 800 residents per year
Move to combine real estate boards across B.C. falls short

Move to combine real estate boards across B.C. falls short

An attempt to amalgamate six real estate boards across British Columbia flopped this week, in spite of strong support from many members across the province.
Vancouver housing starts rebound in November, says CMHC

Vancouver housing starts rebound in November, says CMHC

Despite a weak October, 2016 is shaping up to be a record year for starts in the city
Search for new B.C. Liquor Distribution Branch warehouse stalled

Search for new B.C. Liquor Distribution Branch warehouse stalled

LDB wants out of its main East Vancouver location by 2019
Rental apartment vacancies, house sales poised to slide in 2017

Rental apartment vacancies, house sales poised to slide in 2017

Rental market Preliminary consultations are set to begin for a parcel of property at Main and East 7th where, in August, Vancouver Mayor Gregor Robertson and the Vancouver Affordable Housing Agency (VAHA) announced plans for 400 new affordable housin
Local landlord agency hopes to entice owners to rent out empty homes

Local landlord agency hopes to entice owners to rent out empty homes

Nothing says welcome to the holidays like a letter from Mayor Gregor Robertson reminding you that you’ll be hit with a 1% tax if you don’t rent out your second or third home to someone desperate to find a place to live in this city.
Lack of strata agents hurting industry, insiders say

Lack of strata agents hurting industry, insiders say

At least 200 jobs need to be filled to help sector meet unprecedented growth
Profile: Remco Daal, president, Canadian real estate, QuadReal Property Group

Profile: Remco Daal, president, Canadian real estate, QuadReal Property Group

Portfolio manager buoys B.C. pension fund