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.
Market insights
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.
Mark Goodman to speak at Canadian Apartment Investment Conference in Toronto
Mark Goodman, principal at Goodman Commercial Inc., is pleased to announce he will be speaking at and sponsoring the upcoming Canadian Apartment Investment Conference in Toronto, the largest annual conference on multi-family real estate investment in the region. On Wednesday, September 13th, 2023, Mark Goodman will be a panelist at the Canadian Apartment Investment Conference at … Continued
Non-profits and new players in the rental real estate market – the ultimate checklist
The main advice to anyone contemplating a move into this form of commercial real estate is the same as in any other major business undertaking: do your homework.
Sold: BC Place air-rights – $505 million
For sale Air-rights sale 777 Pacific Blvd, Vancouver Price $505,000,000 Property type High-density mixed-use development site Lot size 14.13 acres Development potential 27 storeys Zoning BCPED Sale date 04/01/2023 Overview Goodman Commercial Inc. is pleased to announce the landmark air-rights sale at BC Place – 777 Pacific Boulevard in Vancouver. This transaction represents a once-in-a-lifetime … Continued
Vancouver review of Broadway ‘pace of change’ is a litmus test for new City Council
One of the City of Vancouver’s most important rental districts has a vacancy rate of just 0.5% – a negative result of our citywide crisis of housing affordability.
2022 Year-End Review
From everyone at Goodman Commercial, we are hoping you are off to a happy and healthy start to 2023! With 2022 behind us, we’re pleased to share market insights, deal highlights and much more in our Year-End Review.
B.C. Keeps Failing Renters. Stop Blaming Institutional Investors
When it comes to housing, we’ve done one thing well in B.C.—figure out who to blame for our failures.
B.C.’s new leaders: Transformation or more of the same?
This fall, British Columbians saw leadership changes in both municipal and provincial governments. Making good on what they’ve said they’ll do will be intriguing to watch.
Happy holidays from Goodman Commercial
With 2022 drawing to a close, we wish you health, happiness and prosperity this season and in the year ahead. Thank you for your continued support and feedback. We receive so many thoughtful responses to our articles, the statistics we offer, and the listings and sales we have the privilege to be part of. Unique challenges … Continued
Goodman Report for all market insights
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.
Goodman reportsShow allShow less
- 2025 Year-end review
- 2025 Mid-year review
- 2024 Year-end review
- 2024 Mid-year review
- 2023 Year-end review
- 2023 Mid-year review
- 2022 Year-end review
- 2022 Mid-year review
- 2021 Year-end review
- 2021 Mid-year review
- 2020 Year-end review
- 2020 Mid-year review
- 2019 Year-end review
- 2019 Mid-year review
- 2018 Year-end review
- 2018 Mid-year review
- 2017 Year-end review
- 2017 Q3 review
- 2017 Mid-year review
- 2016 Year-end review
- 2016 Mid-year review
- 2015 Year-end review
- 2015 Mid-year review
- 2014 Year-end review
- 2014 Canadian apartment investment conference
- 2014 Mid-year review
- 2014 Multi-family values
- 2014 The art of the deal
- 2013 Year-end review
- 2013 30-year anniversary
- 2013 Mid-year review
- 2012 Year-end review
- 2012 Q3 review
- 2012 Mid-year review
- 2011 Year-end review
- 2011 Canadian apartment investment conference
- 2011 Mid-year review
- 2010 Year-end review
- 2010 Mid-year review
- 2009 Year-end review
- 2009 Mid-year review
- 2008 Year-end review
- 2008 Mid-year review
- 2007 Year-end review
- 2007 It's not just about cap rates
- 2007 A contagious southern chill
- 2007 Mid-year review
- 2006 Year-end review
- 2006 How the big are getting bigger
- 2006 Mid-year review
- 2006 Looking back, looking ahead
- 2005 Year-end review
- 2004 Year-end review
- 2004 It's a whole new ballgame
- 2003 Year-end review
- 2003 Blue skies or grey clouds?
- 2002 Website sparks surge in sales activity
- 2002 Year-end review
- 2002 A surging market
- 2000 An industry in change
Market trendsShow allShow less
- 2025 Apartment building sales
- 2024 Apartment building sales
- 2023 Apartment building sales
- 2022 Apartment building sales
- 2021 Apartment building sales
- 2020 Apartment building sales
- 2019 Apartment building sales
- 2018 Apartment building sales
- 2017 Apartment building sales
- 2016 Apartment building sales
- 2015 Apartment building sales
- 2014 Apartment building sales
- 2013 Apartment building sales
- 2012 Apartment building sales
- 2011 Apartment building sales
- 2010 Apartment building sales
- 2009 Apartment building sales