MARKET SPOTLIGHT: VANCOUVER
Here are a number of stories surrounding Vancouver’s rental housing market.
Suburbs and beyond lure Vancouver’s rental property investors
Vancouver landlords are looking to suburban markets and deeper into the boondocks to capture higher yields and escape the spiralling cost of buying and owning big-city apartment buildings. [Read Now]
Vancouver rental completions down 30 per cent from last year: report
After years of a chronically low rental vacancy rate, Vancouver lags far behind its own rental construction targets. [Read Now]
Four-storey apartment buildings could replace houses on more Vancouver side streets
Next week, council will consider a staff report containing recommendations for enhancing the city’s policies for boosting construction of purpose-built rental housing. [Read Now]
City set to consider more incentives to build rental housing in Vancouver
Changes to the city’s rental incentive programs need to be adopted if Vancouver wants to meet its goal of adding 20,000 units of rental housing by 2027, according to a new report. [Read Now]
Changes to B.C. building code address secondary suites, energy efficiency
The British Columbia government has announced changes to the building code that expand options for secondary suites in multi-family buildings. [Read Now]
Residential site in Vancouver’s Shaughnessy sold for $12.7M
Land parcel totalling nearly an acre, in Vancouver’s most exclusive neighbourhood, has potential for 85 rental units. [Read Now]
