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Real Estate

Industrial action defines Metro Vancouver’s suburban markets

Industrial action defines Metro Vancouver’s suburban markets

While office vacancies rise to 7.8 per cent, just 1.4 per cent of industrial space is empty in the suburbs surrounding Vancouver
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CMHC reports annual pace of housing starts up in September

CMHC reports annual pace of housing starts up in September

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose eight per cent compared with August.
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Construction employment remains strong on the Prairies

Construction employment remains strong on the Prairies

Manitoba leads the region in sector's job growth
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Will B.C.'s short-term rental laws come up short?

Will B.C.'s short-term rental laws come up short?

B.C.'s new provincial short-term rental laws will force hosts to declare their homes as primary residences, with information going to a new registry that will be accessible by Canada Revenue Agency.
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Only 17% of Richmond short-term rentals appear to be licensed

Only 17% of Richmond short-term rentals appear to be licensed

The City of Richmond issued more than 400 short-term rental fines as of August.
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North Vancouver residents sound off on short-term rental rules

North Vancouver residents sound off on short-term rental rules

Are short-term rentals like Airbnb and VRBO treasured guests in North Vancouver, or have they overstayed their welcome?
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B.C. Real Estate Association says sales activity impacted by high cost of borrowing

B.C. Real Estate Association says sales activity impacted by high cost of borrowing

VANCOUVER — Home sales in British Columbia were up in September by more than 10 per cent from the same time last year. However, the B.C.
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Kelowna to get 120 'tiny homes' as solution to growing homeless problem

Kelowna to get 120 'tiny homes' as solution to growing homeless problem

City to build 120 supportive housing units and introduce measures to deal with a growing encampment
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Victoria council to mull incentives to ensure more rental projects are built

Victoria council to mull incentives to ensure more rental projects are built

Council will look at creating a revitalization tax exemption to spur more affordable units in new market rental projects
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Royal LePage downgrades Q4 housing price forecast; expecting seven per cent increase

Real estate firm Royal LePage is forecasting the aggregate price of a home in Canada will increase seven per cent in the final quarter of 2023 compared with the same period last year, downgrading its previous outlook of 8.5 per cent.
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