Press & Media
VanPlex is trusted by Vancouver's real estate community. See our coverage in leading publications and shows.
VanPlex on Okanagan Edge: Missing Middle Still Missing
VanPlex co-founder David Babakaiff, a Vancouver builder with more than 25 years of experience, joined Castanet's Okanagan Edge to discuss why Bill 44 zoning has not produced the homes it promised in Kelowna. Drawing on VanPlex's lot-by-lot analysis, he explained that roughly 75% of the city's rezoned properties are not economical to convert to multiplex housing under current construction costs and financing. "Zoning only establishes the legal right to build. It does not necessarily establish the economic common sense to do it."
Where Canada's Housing Crisis Gets Solved: The Missing Middle Conference Returns to Vancouver on May 8th
David Babakaiff of VanPlex confirmed as a speaker at the Missing Middle Conference on May 8, 2026 at the Fairmont Pacific Rim, alongside federal Housing Minister Gregor Robertson and BC Housing Minister Christine Boyle. The conference focuses on building townhomes, multiplexes, and low-rise apartments at scale to address Canada's 3.5 million home supply gap.
Read ArticleVancouver's Multiplex Market Matures After Post-Zoning Surge
Coverage of Vancouver's multiplex market stabilizing after the 2024 boom, featuring VanPlex data: 46 land sales and $114M in 2025 vs. 124 sales and $303M in 2024. Includes David Babakaiff on the 1-in-5 properties yielding 60-70% profit.
Read ArticleVancouver's Multiplex Market Matures After Post-Zoning Surge
Coverage of Vancouver's multiplex market transitioning from the initial policy-driven surge into a more sustainable development cycle, featuring VanPlex market data.
Read ArticleThe Harsh Truth About Vancouver Multiplex Zoning (After Analyzing 56,000 Lots)
Dan Wurtele analyzes 56,000+ Vancouver lots to reveal why only 2% are financially viable for multiplex development. Features VanPlex data and the property analyzer tool.
Making Multiplex Simple with David Babakaiff, Founder of VanPlex
VanPlex founder David Babakaiff discusses how the platform simplifies multiplex development analysis for Vancouver homeowners and investors.
Listen NowBC's Multiplex Rollout Hits Speed Bumps as Cities Diverge
Coverage of Vancouver's multiplex permit applications citing VanPlex data on the 455+ permit applications currently in progress.
Read ArticleBC's Multiplex Rollout Hits Speed Bumps as Cities Diverge
Coverage of BC's multiplex rollout challenges, quoting VanPlex co-founder David Babakaiff on the 455 permit applications currently in Vancouver.
Read ArticleWhy BC's Multiplex Law is Stalling
In-depth analysis of BC's multiplex legislation featuring insights from VanPlex on market conditions and development feasibility.
Read ArticleCiting VanPlex Data
Our figures are free to cite with attribution. Cite as "PlexRank™ Index, by PlexIntel" or "VanPlex PlexRank™ analysis" and link to the source page.
PlexRank™ Index (BC Multiplex Index)
Monthly figures on multiplex permit applications, unit counts, and lot-level viability across BC. Each edition stays at a permanent URL.
Methodology & Sources
How PlexRank scores parcels, where permit counts come from, and which cities are covered directly.
Expert source: David Babakaiff
David Babakaiff co-founded VanPlex and has built homes in BC for 25 years. He was formerly principal of Alair Homes Vancouver, whose multiplex work earned HAVAN recognition in 2024, and personally won the Top Choice Award for Best Residential Builder in Vancouver in 2016 and 2017. He speaks on multiplex feasibility, permits, and BC's SSMUH rollout, and is available for comment on index releases.
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