With all the upheavals in rental housing right now, there are many myths being bandied about. When industry spokespeople talk about the realities of creating and maintaining rental supply, they’re often accused of fear-mongering. We beg to differ—it’s time to separate fact from fiction.
Goodman Reports Archives
September 28, 2018
This week, the provincial government bowed to pressure from tenant organizations. Without any economic or impact study, the government announced formally its intention to roll back the previously mandated rent increases of CPI plus 2% (equating to 4.5% for 2019) to CPI only. This politically expedient, rushed announcement comes in ahead of the BC Rental Task Force Recommendations Report scheduled for November, whose contents we await with some trepidation.
Here’s the latest Goodman Report, summarizing new purpose-built rentals in the pipeline.
By David Goodman, Vancouver Sun
September 20, 2018
As Metro Vancouver residents gear up for municipal elections, the single most galvanizing issue all voters and politicians can relate to — yet seldom agree on — is housing, especially rental housing.
September 17, 2018
As Metro Vancouver’s residents gear up for municipal elections, the single most galvanizing issue all voters and politicians can relate to, yet seldom agree on, is that of housing—especially rental housing.
April 16, 2018
The market as it relates to multi-family investment can best be described as contradictory.
Frank O’Brien, Western Investor
November 23, 2017
British Columbia landlords, investors, developers and homeowners can expect another robust year for residential price appreciation and income
Steve McLean, Property Biz Canada
November 11, 2017
The number of multi-family rental apartment transactions in Metro Vancouver dropped by 23 per cent through the first nine months of 2017 while the overall dollar volume for deals jumped by 35 per cent.
Tanya Commisso, Western Investor
October 24, 2017
A new report shows a 23 per cent decrease in Metro Vancouver apartment sales and cautions that municipal intervention may hinder the proposed new supply
Multi-family sales have slowed by a third year-over-year, possibly signaling a shift in investor sentiment, according to a new report by HQ Commercial’s the Goodman team.
More new rental buildings needed in Metro Vancouver even as fresh projects are in the pipeline: report
Joanne Lee-Young, Vancouver Sun
October 25, 2017
Not enough new rental buildings are being constructed in Metro Vancouver even though there are signs that more fresh projects are in the pipeline than in recent years, according to a local commercial realtor.