Dan Fumano: ‘Precipitous’ drop in residential land deals in Vancouver a bad omen for future housing supply featuring Tony Letvinchuk, Managing Broker – Macdonald Commercial | Vancouver Sun

Vancouver Sun City Columnist Dan Fumano talked to Macdonald Commercial Managing Director Tony Letvinchuk about the drop in sales for residential development land deals, as well as factors that led to the current slowdown.

The problem with the current residential development situation is that it affects the number of future housing supply. Read on to find out what other industry figures have commented on the current commercial real estate situation.

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In this piece for BIV, Macdonald Realty President and CEO Dan Scarrow explores how restrictive policies on foreign investment and development are fuelling the ongoing affordability crisis, and proposes attracting U.S. talent and fast-tracking them to qualifying for citizenship, changes to infrastructure funding, and more to “revitalize our economy and provide resilience in an uncertain future”.

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Lyndan Properties

Lyndan Properties is a real estate development and investment firm dedicated to creating properties that meet the highest standards of quality, design, and sustainability. Having served the Greater Vancouver area since 2013, Lyndan has experience with every aspect of the development process from property selection, design development, construction, and marketing.

Macdonald Platinum Marketing

The Macdonald Platinum Marketing team offers a range of project marketing services including real estate project marketing, sales strategy development, and market research, to help clients effectively promote and sell their properties.

Macdonald Property Management

Macdonald Property Management provides residential and commercial property management and currently manages over $6 billion in BC properties with offices in Vancouver, the Fraser Valley and Victoria.

Macdonald Commercial

Macdonald Commercial provides creative real estate solutions in the area of commercial sales and commercial leasing including: apartments, land, retail, office, industrial, shopping centres and other investments.  Macdonald Commercial has over 40 dedicated commercial brokers with a head office in Vancouver, and offices in the Fraser Valley and Victoria.  They are a proud member of CORFAC International, the premier network for independently owned commercial real estate firms.

Macdonald Realty

Carefully curated over the past 80 years, Macdonald Realty offers unparalleled industry expertise in every facet of real estate. From luxury, residential, commercial, project marketing, development and property management we have established a reputation built on knowledge and trust. Operating over 20 offices and 1,100+ agents, brokers and property managers in B.C., we are your best next move.