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Canada builders shift from condos to rentals amid investor demand

By Andrea Hopkins TORONTO (Reuters) - Amid fears of a bubble in condominium prices in Canada's largest cities, developers say they are shifting from building condos to high-rise rental apartments, as institutional investors look for assets with steady cash flow. ...
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New housing incentives promised for B.C. budget

BY ROB SHAW, VANCOUVER SUN VICTORIA — The B.C. budget this month will make it easier for some people to buy a home, encourage the construction of new housing and put in place measures to track data on home sales and purchases, says the finance minister. Mike de ...
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Will 2016 be the Year of the Condo?

BY BARBARA YAFFE, VANCOUVER SUN Condominium units have long been viewed as the poor cousins of single-family houses in Vancouver’s real estate market. But 2016 could well be the Year of the Condo. Realtor Patrick Weeks foresees only moderate growth this year in ...
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Government action needed on land shortage crisis: developers

By Peter Mitham Business in Vancouver Show Leadership They’re not making any more land, a truism with real-life implications for an increasing number of players in the Lower Mainland’s development sector. “Fundamentally, we’ve run out of single-family land,...
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11-storey rental apartment tower planned for Uptown in Saanich

Andrew Duffy / Times Colonist The first residential building planned for Uptown will be an 11-storey structure with 134 rental suites and townhomes, according to plans submitted to Saanich. The development at the corner of Carey Road and Ravine Way will also off...
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Victoria Community Coalition Raises Concerns

News Release FOR IMMEDIATE RELEASEJanuary 25, 2016                                                                                                            Mount Edwards Community Awareness Coalition launch to highlight community concerns about proposed lo...
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Fortune 500 company taps hot Vancouver property market

JLL buys Metro firm with focus on apartments By Kelly Sinoski, Vancouver Sun Fortune 500 company JLL has acquired a Vancouver real estate firm that specializes in commercial apartment buildings, underlying a growing desire among global investors, including in th...
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Vancouver apartment rental market ‘a mess

BY BARBARA YAFFE, VANCOUVER SUN   A massive infusion of offshore cash into the Lower Mainland’s multi-family residential property market is “disrupting the local development and investor communities,” resulting in bidding wars and a surge in the value of real estat...