Weekly Buzz: New government housing measures and major B.C. infrastructureJuly 28, 2017 4:18 pm
The week’s top stories focus on residential and commercial markets alike, with both waiting to see how the new government will help – or hinder – it’s current supply. The new NDP government in B.C. is making waves in the housing sector with a new, collaborative approach to Vancouver housing regulation, while the federal government has introduced changes to the capital gains tax that may cause homeowners to think twice about renting out their primary residences. On the commercial side, a major move to cancel the Pacific NorthWest LNG project may effect economic movement in northern B.C., while office space continues its downward vacancy trend as the growing number of tech companies in the city make The Exchange tower their home.
Here is Western Investor’s pick of the top real estate stories published during the week of July 24 to July 28, 2016.
Categorized in: Western Investor