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Frank O'Brien

New condo sales, starts plummet in Metro Vancouver

Only two new condominium projects with 200 units launched in the six weeks ending May 15, down 75 per cent from the same period in 2019

New subleases total more than 500,000 square feet of space and nearly doubled Vancouver’s downtown office vacancy rate to 4%

Vancouver rental agency says only one in 300 missed rent payments, but some owners are trimming rents by 10% to 20%

Once viewing and walking the land was mandatory for buyers, but land auctions are moving online and the virus crisis has accelerated the trend

A 177-year-old fellowship uses a uniquely Vancouver solution to replace its aging seniors’ home with new affordable housing

Land and multi-family lead as commercial real estate transactions surged 37% in Q1 to $2.1 billion

A unique lease arrangement and a global pandemic have combined to stall take-up for an ultra-luxury apartment building on Vancouver’s English Bay

New debt rate policy could cut homebuyer purchasing power by 11 per cent and freeze many first-time buyers out of the market, analysts say

Environmental rules frustrate builders

Luxury project has pre-sold 54 condos in the last month, including a $6 million penthouse