Category: Uncategorized
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Vancouver’s Rental Popularity Takes a Big Dip
Vancouver's rental demand has declined, ranking 23rd out of 25 Canadian cities in renter popularity. Despite seasonal trends and rising suburban interest, Vancouver remains a top choice for lifestyle and scenery seekers.
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Vancouver Housing Starts Collapse
Vancouver saw a 59% drop in March housing starts, driven primarily by a sharp decline in multi-unit construction activity. This follows February’s 48% yearly drop, revealing a prolonged downward trend in new residential construction
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Vancouver’s Construction Costs Skyrocket: Why?
Vancouver has the highest construction cost ranges across the country, particularly for residential buildings. Concrete high-rise buildings in Vancouver cost $360 to $455 per sq. ft, higher than other cities.
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Office conversions on the rise, trophy offices all the rage in Vancouver
Tenants are increasingly favoring newer office buildings as employers adapt workspaces post-pandemic, according to a report from Avison Young. The demand for premium office space in Vancouver remains strong, with sublease vacancy rates significantly reduced. The downtown vacancy rate has dropped to 15.3%, and AAA office space availability has decreased to 12.2%. The report also…
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Has housing in Vancouver improved since the last federal election?
Housing remains a top concern for Vancouver residents, with prices rising since 2021. Detached home prices increased from $1.7M to over $2M, while apartment prices also rose. Sales have dropped, but listings and market time have increased. A Royal LePage survey shows 60% of British Columbians say housing policies will influence their vote, especially younger…
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Vancouver Office Space Demand Continues to Rise
Vancouver’s office market expanded by nearly 3.8 million square feet since 2020, marking a surge. The downtown vacancy rate dropped to 15.3% in Q1 2025, down from a high of 27% in 2023.
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Vancouver’s Slowest Growth: Just 2.5% Forecasted by Q4!
Vancouver saw a modest 0.7% home price drop as uncertainty hits buyer confidence. Condo values fell 1.7% to $765,500, while detached homes climbed 0.6% to $1.76M.
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Rental Market Pressures Grow in Metro Vancouver
Housing completions rose 23% in 2024, but new housing starts dropped 15%, raising future supply concerns. Purpose-built rentals made up 37% of starts and 31% of completions—highest rental construction in two decades.
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پروژه‌های چندمنظوره به کاهش ریسک‌های مالی در شرایط تثبیت نرخ‌ها کمک می‌کنند
سازندگان به طور فزاینده‌ای بر پروژه‌های چندمنظوره که شامل فضاهای مسکونی، تجاری، اداری و صنعتی هستند تمرکز می‌کنند تا درآمد خود را متنوع و ریسک مالی را کاهش دهند. فروشگاه‌های مواد غذایی در بخش تجاری می‌توانند درآمد اولیه را تضمین کرده و به تأمین مالی پروژه کمک کنند. پروژه‌های جدید در Vancouver و Burnaby از…
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Happy Victoria Day
The holiday has been observed since 1845, as a celebration to honour Queen Victoria. The day unofficially signals the start of summer for many Canadians. It is celebrated with parades and fireworks in some cities. Sending our warmest wishes to everyone for a happy and peaceful long weekend.