Market insights

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Goodman Report In June this year, we described the headwinds challenging rental housing providers and builders as they try to deliver new rental housing. The scarcity of purpose-built rental in B.C. is well-known, resulting from decades of depressed construction and a shortage of policies incentivizing delivery. A short-lived break from the near 0% vacancy rate … Continued

It is clear there has been a shift in market sentiment

The B.C. government has announced 2.0% as the maximum allowable rent increase for 2023.

As inflation and interest rates spike, market picking up again

Over the last few months, we’ve paid more attention to interest rates and bond yield fluctuations than ever in recent history. We’ve watched the stock market go mostly in the red while interest rates have hiked faster than we’ve seen in decades.

Broadway Plan revisions jeopardize 30,000+ future rental units

What we found: The factor that popped up in every market downturn was government intervention.

Broadway Plan and the Vancouver Plan