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Real Estate

Vacancy rate for purpose-built rentals hits lowest level since 2021: CMHC

Vacancy rate for purpose-built rentals hits lowest level since 2021: CMHC

TORONTO — The Canada Mortgage and Housing Corp. says last year's surging rental market left the country with the lowest vacancy rate for purpose-built rentals since 2001. The federal housing agency says the vacancy rate for such properties sat at 1.
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Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Mortgage and title fraudsters who impersonate homeowners and tenants have targeted at least 32 properties in Ontario and British Columbia, investigators and official warnings suggest.
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JWest redevelopment project moves forward with new $36M matching challenge

JWest redevelopment project moves forward with new $36M matching challenge

The redevelopment represents the most extensive project in the history of the Jewish community in Western Canada, according to the JWest Capital Campaign.
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Rob Shaw: Pressure to address housing crisis mounts as affordability gets worse

Rob Shaw: Pressure to address housing crisis mounts as affordability gets worse

Despite all the announcements on housing affordability from the new David Eby government in Victoria, a recent report by one of Canada’s largest banks shows things on the ground have never been worse.
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B.C. beefs up strata CRF contributions in effort to address insurance costs

B.C. beefs up strata CRF contributions in effort to address insurance costs

‘Just housekeeping:’ Strata owner advocate says changes will eliminate confusion regarding regulations
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Developers, lobbyists among Eby’s NDP leadership campaign supporters

Developers, lobbyists among Eby’s NDP leadership campaign supporters

The list includes a total $6,359.09 from Giulio, Marcello, Morris, Paolo and Rossano De Cotiis, members of the family behind Onni and Amacon.
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More B.C. seniors are using reverse mortgages to unlock equity

More B.C. seniors are using reverse mortgages to unlock equity

As inflation causes increases in monthly expenses, reverse mortgages are going up.
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West Van buys Jimmy Pattison's waterfront home for $5.175M

West Van buys Jimmy Pattison's waterfront home for $5.175M

Plans to purchase the waterfront home, which once belonged to the family of Jimmy Pattison, have been in the works for a long time.
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Tech woes push Vancouver office vacancies to post-pandemic peak

Tech woes push Vancouver office vacancies to post-pandemic peak

Region continues to outperform North America thanks to a diversified tenant mix
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How Metro Vancouver renters can get landlords to 'respect their rights'

How Metro Vancouver renters can get landlords to 'respect their rights'

There is an enforcement unit for tenants who are put in a bad situation.
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