Vancouver condo market shaped by investors who prefer smaller units

Investors are increasingly favoring smaller condo units in Vancouver and Toronto due to higher rent per square foot, as confirmed by a recent StatCan report. This trend has contributed to the shrinking size of condos over the years, with a significant portion of new units being less than 600 square feet. The study highlights that about one in three condos in Vancouver are investment properties, and the dynamics of presale units play a crucial role in shaping the market. New regulations may impact future investor purchases for short-term rentals.