Weekly Buzz: Industrial density and housing market red flagsMay 1, 2017 9:48 am
The real estate pinch in Vancouver and other major cities has caused skyrocketing values, garnering a national housing warning from the Canada Mortgage and Housing Corporation. Affordable supply has also dwindled in the industrial market, forcing developers to consider densification of warehouse facilities in Vancouver. Even one of Vancouver’s cheapest housing options – manufactured homes – is being pushed out of reach by unaffordable land prices. Meanwhile, a resort town in Alberta hasn’t lived up to its once-upon-a-time real estate boom, showing a glut of ghosted, unfinished resort suites.
Here are Western Investor’s top picks of commercial real estate coverage published this week.
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