| Growth continues in the booming real estate market in Greater Vancouver due to favourable economic conditions. Interest rates are comparatively low, rising employment has led to more and better incomes and in-migration to the region is ongoing. Without a doubt, residential real estate and construction are key drivers of the region's economy.
The upward trends in real estate are not limited to the residential market. Vancouver has a low office vacancy rate that will continue to decline given the low number of new office construction projects in the downtown core. With limited supply and high demand, commercial rental rates should rise to compensate for the imbalance between supply and demand.
Although real estate and construction has many opportunities, there are risks as well. We can help you grow the opportunities and manage the risk with our real estate services.
Our real estate services include:
- Assurance and audit
- Business advisory
- Corporate finance
- Corporate tax planning
- GST
- Property tax services
- Transaction services
- Valuation
For more information about these services, contact Gregg Smith.
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