Company
Contact

Apartment buildings
Commercial properties
Development sites
Market insights

Apartment buildings
Commercial properties
Development sites
Market insights
Company
Contact

Contact us

I’m looking to buy/invest. I have a property to sell. Subscribe to the Goodman Report I understand that I’m consenting to receive the Goodman Report and can unsubscribe at any time.

* Required fields

Get in touch

Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790

Cynthia Jagger
Personal Real Estate Corporation
cynthia@goodmanreport.com
(604) 912 9018

Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Office (604) 558 5511

Location

Directions

September 8th, 2023 Share Print

Glamorgan Landing Estates (6)

Back to market insights

Market insights

Feds’ long-delayed GST waiver on rental housing a welcome relief

The federal government has finally confirmed its intention to remove GST charges on new rental housing, an excellent but critically delayed measure.

Capping rental rates – billion-dollar decisions impact rental housing in B.C.

On September 11th, 2023, the B.C. government moved for the fifth time in six years to limit the maximum allowable rent increase below the level set out in the government’s own standard.

2023 Mid-Year Review

Metro Vancouver’s multifamily market remains challenging, but it’s showing new life despite persistent inflation, interest rate hikes, and rising expenses for developers and landlords.

Will courage trump politics? It’s time to return to predictable annual allowable rent increases

In BC, the increase is typically based on the 12-month average percentage change in the All-Items Consumer Price Index for the province, ending the previous July. Prior to 2019, this formula was CPI + 2%. This formula had been in place since 2000.

Be the first to know about new listings and latest market insights.Sign up now

Be the first to know

We’ve been publishing market insights in our Goodman Report for decades, which the industry has come to rely on. You can download previous reports from the last few years here.

Top page

Apartment buildings
Commercial properties
Development sites
Market insights
Company
Contact