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Forced multi-unit renovation promotes housing reform, can BC Province's new policies shape a residential paradise?
On June 30th, the BC government will require all major cities in BC to allow the construction of more residential units on land currently designated as single-family or duplex residences.
Statistics Canada on the New Housing Price Index for May 2024
The national index rose by 0.2% in May compared with April with prices growing in 10 of the 27 census metropolitan areas (CMAs) surveyed.
Gulf & Pacific Equities Q1 Loss Narrows on Higher Revenue
Gulf & Pacific Equities (GUF.V) reported a smaller first-quarter loss as revenue rose. The company, which acquires and manages anchored shopping centres in Western Canada, said its net loss fell to $4
Gulf & Pacific Equities Corp. Reports on First Quarter Results With Revenue of $1,087,886
Gulf & Pacific Equities Corp. (TSX-V: GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 11.5% increase in revenues to $1,087,886 in the quarter ended March 31, 2024, from $975,248 at the same period last year.
With an increase in housing stock, a decline in sales, and a decline in operating rates, where will Canadian real estate go in the context of high interest rates?
The number of listings in the Canadian real estate market surged, and listed inventory recorded the biggest monthly increase on record, as demand for home buyers weakened amid high interest rates.
Gulf & Pacific Q4 Net Income Narrows as Revenue Stays Constant
Gulf & Pacific Equities (GUF.V) on Friday said its fourth quarter income narrowed as revenue stayed constant. The developer of anchored shopping malls in Western Canada, on Friday reported net income