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Real Estate

Every new home built requires $100,000 in infrastructure spending: report

Every new home built requires $100,000 in infrastructure spending: report

As Canada aims to build homes faster, both the public and private sectors will need to boost spending on municipal infrastructure, a new report from the Canadian Urban Institute says.
Comment: Government is making construction more expensive

Comment: Government is making construction more expensive

While the Rage Index is highest in Ontario and Alberta, for the first time in nearly two years of tracking, there was a 16-point spike in B.C.
Vancouver Island’s recreational property prices set to rise in 2024

Vancouver Island’s recreational property prices set to rise in 2024

Reports find recreational owners holding on to properties despite market challenges
Younger homeowners more likely to be financially stressed: survey

Younger homeowners more likely to be financially stressed: survey

Roughly six in 10 Canadians with a mortgage are financially stressed, with younger homeowners more likely to be under pressure.
Why Vancouver's office market is thriving amid North American struggles

Why Vancouver's office market is thriving amid North American struggles

American tech giants happy to seek talent north of the border
Liberal government launches $1.5B program to build more co-op housing

Liberal government launches $1.5B program to build more co-op housing

OTTAWA — Housing Minister Sean Fraser announced the launch of a $1.5-billion co-operative housing development program that the federal government promised in its 2022 budget.
Average asking rents in Canada reach record $2,202 in May, says new report

Average asking rents in Canada reach record $2,202 in May, says new report

A new report says the average asking rent for a home in Canada hit a record $2,202 in May, up 9.3 per cent compared with a year ago and 0.6 per cent from the previous month. The report by Urbanation and Rentals.
Commercial real estate trends shifting toward purpose-built rentals: Re/Max report

Commercial real estate trends shifting toward purpose-built rentals: Re/Max report

TORONTO — An analysis of 12 of the largest Canadian commercial real estate markets shows developers have shifted their focus toward purpose-built rental construction, some at the expense of new residential condominiums and commercial buildings.
Cybersecurity concerns on the rise in commercial real estate

Cybersecurity concerns on the rise in commercial real estate

The ‘smarter’ office buildings become, the more they need to consider the vulnerabilities of their internet-connected operational technologies
Collaboration key as network of Victoria buildings leads B.C. in sustainability push

Collaboration key as network of Victoria buildings leads B.C. in sustainability push

More than 40 buildings in Greater Victoria promise to cut emissions in half by 2030
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