Weekly Buzz: Co-op popularity and market changesAugust 4, 2017 4:19 pm
Vancouver hot real estate markets are still hot, but they’re certainly in a period of change or transition. Our stories this week all take a look at the way the city’s many real estate sectors are evolving – primarly, housing and office markets. Once the Canadian mecca for Chinese investment, Vancouver is falling from interest in favour of Montreal, while the market slowdown is also negatively affecting sales prices. Co-ops are rising in popularity as single-family homes and condos stock remain scarce. Even the office market is not immune to changes, as developers and landlords may face the challenge of driving demand for in progress developments.
Here is Western Investor’s pick of the top commercial real estate stories published this week.
Categorized in: Western Investor