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Real Estate

Canada needs 300K new rental units to avoid housing shortage quadrupling by 2026: RBC

Canada needs 300K new rental units to avoid housing shortage quadrupling by 2026: RBC

A Royal Bank of Canada report predicts Canada's rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock.
Amazon layoffs raising spectre of added empty Vancouver sublease space

Amazon layoffs raising spectre of added empty Vancouver sublease space

Downtown Vancouver has a 30-year-high amount of empty sublease office space
Why 'vegetarians only' ads are part of B.C.'s rental market menu

Why 'vegetarians only' ads are part of B.C.'s rental market menu

What you should know when you see vegetarian-only rental ads on Facebook marketplace, Kijiji or Craigslist.
Calgary will pay owners to demolish vacant downtown office towers

Calgary will pay owners to demolish vacant downtown office towers

Incentives meant to help remove empty space in a core with a 30 per cent office vacancy rate
Opinion: Housing activity picks up but correction too early to call

Opinion: Housing activity picks up but correction too early to call

Is the housing market turning the corner after 2022’s severe slump? It is still too early to say, but Lower Mainland home sales gained some traction and prices notched higher in February – signs that lower housing prices, greater interest
Millennials have least amount of confidence in Vancouver real estate: survey

Millennials have least amount of confidence in Vancouver real estate: survey

Vancouver residents optimistic real estate will outperform other financial investments in the next decade
Canadian home sales drop 40 per cent in February compared with year ago

Canadian home sales drop 40 per cent in February compared with year ago

OTTAWA — Home sales in Canada plummeted 40 per cent last month compared with a year ago, with new listings and prices also dropping in what one economist called "hints of a bottoming process." The plunge in sales came as prices declined 18.
'How are you going to compete?': Canadians grapple with tight housing market

'How are you going to compete?': Canadians grapple with tight housing market

Eight interest rate hikes in less than a year have left thousands of Canadians feeling like homeownership is out of reach for now — and maybe even forever. The benchmark rate, which sits at 4.
Modular housing is seeing a 'massive groundswell of interest' in B.C.

Modular housing is seeing a 'massive groundswell of interest' in B.C.

This type of dwelling can offer more construction certainty and sustainability, according to manufacturers.
Crestpoint acquires large new industrial property in Surrey

Crestpoint acquires large new industrial property in Surrey

The industrial distribution centre was assessed last year at $82.8 million