The September 2023 real estate report for Vancouver revealed slowing sales in the downtown condo market while demand remains strong in suburban regions and for detached homes. These evolving conditions have implications for both developers looking to launch new projects and home buyers navigating the market. Downtown Vancouver Condo Market Sees Sales Slump Downtown Vancouver […]

As we delve into the second quarter of 2023, the commercial and industrial real estate market in Vancouver continues to showcase resilience and opportunity. Here are the key highlights and trends that have shaped the market during this period…

Rising demand for multifamily properties in Metro Vancouver is driven by increased immigration, high home prices, rising interest rates, and the creation of 502,000 new jobs, particularly in the tech sector. As the tech industry expands, high-end multifamily homes see a surge in demand, while mid to low-tier multifamily properties become more sought after due to the resurgence of tourism and service jobs. However, 2023…