Weekly Buzz: Greater Vancouver condo and rental markets

September 8, 2017 2:32 pm

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This week’s top stories focus heavily on Vancouver’s attached housing market and how commercial developers and renters are feeling about the perspective shortage of new condos and rentals. New reports and data in both the Vancouver and Burnaby markets reveal a shortage of new condo builds and purpose-built rentals, respectively. In Victoria, builders say a new energy-efficient building code could raise the price of homes across the province and cause confusion among developers. Meanwhile, the port town of Prince Rupert continues to draw renters into the city, bolstering demand.

Here is Western Investor’s pick of the top four commercial real estate stories published this week.

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