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Real Estate

Calgary housing inventory sinks to 2006 levels, sales almost halved: Alberta board

Calgary housing inventory sinks to 2006 levels, sales almost halved: Alberta board

CALGARY — The Calgary Real Estate Board says last month's inventory levels were among the lowest the market has seen in February since 2006 as sales were almost halved from a year ago.
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Vancouver leads nation in office completions, lowest vacancy rate

Vancouver leads nation in office completions, lowest vacancy rate

Nine of the 12 new office towers in Canada opened in Vancouver in Q4 2022 and 28 other projects are under construction across the Metro region
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Budget 2023: B.C. invests $4.2B in housing as part of refreshed housing plan

Budget 2023: B.C. invests $4.2B in housing as part of refreshed housing plan

The government of B.C. is investing $4.2 billion in funding, the largest three-year housing investment in provincial history, to support affordable housing, build rental supply and tackle homelessness, according to Budget 2023, released today, Feb.
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Budget 2023: Home sales and prices expected to decline this year

Budget 2023: Home sales and prices expected to decline this year

Both are forecasted to increase in 2024 with housing starts remaining somewhat level. 
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Canadian commercial real estate investment could reach high of $59B in 2023: CBRE

Canadian commercial real estate investment could reach high of $59B in 2023: CBRE

TORONTO — The outlook for commercial real estate looks bumpy in the near term, but a soft landing could still be in the cards.
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Bed, Bath & Beyond space set to hit the market this week

Bed, Bath & Beyond space set to hit the market this week

Retailer vacating 32 locations in Western Canada totalling nearly 1M square feet
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Phased projects hold appeal as construction risks linger

Phased projects hold appeal as construction risks linger

Economic uncertainties have developers extending build-out for projects
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British Columbians need to save for up to 20 years to afford first home

British Columbians need to save for up to 20 years to afford first home

First-time homebuyers in the Lower Mainland have to save for over a decade to afford current prices.
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Vancouver, Victoria and North Van are B.C.'s top rental cities

Vancouver, Victoria and North Van are B.C.'s top rental cities

Knowing which cities have the most renters can inform policy and help those looking for a place to live, says a rental expert.
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‘Move-over’ buyers driving demand in high interest rate, low inventory market: report

‘Move-over’ buyers driving demand in high interest rate, low inventory market: report

Mortgage stress tests may weigh on Metro Vancouver homebuyers in the coming year, says Re/Max Canada
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