Canadians are growing more optimistic as the outlook for #realestate steadily improves and the economy grinds ahead with few signs of an imminent recession, according to the Bloomberg Nanos Canadian Confidence Index. bloomberg.com/news/articles/…

Canada’s housing agency predicts that home building could plunge 32 per cent this year, calling it an “alarming” situation given the dearth of affordable places to live in the country. apple.news/AJOgRfrFqQ7yQ-…

City of #Nanaimo recognized for being on the money with financial reporting dlvr.it/SnFZGz

8 out of 10 multifamily apartment development deals we are underwriting are not financially feasible in today’s market, even if we were given the land for free. The only thing coming close to working is finding a land deal in a place where we can set record high rents in market

New affordable housing option opens in Nanaimo offering 74 units cheknews.ca/new-affordable…

B.C. Property Act change means children, partners can move into 55+ stratas no matter age cheknews.ca/b-c-property-a…

biv.com/article/2023/0…

Cap rates still trending upwards, transaction activity remains low: Highlights from CBRE's most recent report on the Canadian #CRE market via chairman Paul Morassutti... renx.ca/new-cbre-repor… #cre #crecanada #realestate #industrial #retail #office #seniorshousing

FOR LEASE: 951 Fitzgerald Ave, Courtenay, BC Approx. 4,256 sf of prime office space centrally located in downtown Courtenay. cbrevictoria.com/listings/951-f…

nanaimobulletin.com/news/new-hullo…

First Hullo fast foot ferry sailings from Nanaimo cancelled on windy morning… nanaimobulletin.com/local-news/fir… #news

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Repeated cancellations blow BC Ferries into rough political waters dlvr.it/SxdcfR

A south #Nanaimo development is advancing, as city councillors begin the rezoning process for properties in the Sandstone project. nanaimonewsnow.com/2023/10/20/tra…

This is what's needed across Metro Vancouver and in Victoria. edmontonjournal.com/news/local-new…

Sandstone development in Nanaimo passes public hearing despite concerns cheknews.ca/sandstone-deve…

Redevelopment of the former Howard Johnson site in downtown City of Nanaimo has been delayed once more with City Council deferring approval of a rezoning bylaw for the second time. #nanaimo #downtowndevelopment nanaimonewsnow.com/2023/12/08/red…

For Sale | Land Lot 1 on Somers Road features 5 acres of land available for sale in Port Alberni. This vacant corner-lot parcel is designated for ALR use, making it the perfect canvas for your agricultural ventures. Brochure: cbrevictoria.com/listings/lot-1… #cbre #land #PortAlberni

In 2024, #multifamily has become the top choice of real estate investors in all three global regions for the first time in eight years. Check out the 2024 Global Multifamily Investor Intentions Survey: cbre.co/4avcCH9

To determine the best #realestateinvestment strategies in 2024, CBRE’s Chris Ludeman advises to follow the people and the jobs. Learn more in our Global Investor Intentions Survey: cbre.co/3W1rwAG