Weekly Buzz: Building permit delays and market contrasts

August 25, 2017 3:00 pm


This week’s top stories look at the commercial real estate from a variety of lens. The building permit process at the City of Vancouver is affecting both developers and renters looking for available housing, while continuously limited supply also affects sellers. Investors, of course, are also impacting by an unbalanced market – so much so that property taxes are often an after thought, diminishing returns. Of course, this has been the situation in B.C. for some time. Alberta offers a vastly different perspective on commercial real estate – where limited demand is the issue, rather than limited supply.

Here is Western Investor’s pick of the most buzz-worthy stories published this week.

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