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What British Columbians can expect after the interest rate hike

What British Columbians can expect after the interest rate hike

The Bank of Canada’s interest rate hike Wednesday was less than many economists had predicted, which one economist said may indicate the rate is close to peaking, but that doesn’t mean the sting won’t still be felt by Canadians.
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Architecture firms net highest-earning year since 2016

Architecture firms net highest-earning year since 2016

Average net architectural fees for the province’s top firms jumped 43.3 per cent in 2021
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Construction costs continue to rise as labour pool shrinks in B.C.

Construction costs continue to rise as labour pool shrinks in B.C.

New BCCA report shows the pressures faced by B.C. contractors in face of inflation and shortages
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Chinese interest in Vancouver real estate recovers

Chinese interest in Vancouver real estate recovers

A fully reopened China could lead to a ‘rapid increase’ in local property investment
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B.C. buyers see value in Alberta market

B.C. buyers see value in Alberta market

Alberta’s condo market is proving to be a popular investment for B.C. and Ontario residents
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Burnaby co-op wins $2M lawsuit against bank that let ex-president deposit bogus cheques

Burnaby co-op wins $2M lawsuit against bank that let ex-president deposit bogus cheques

Former Halston Hills president Lillian Cameron deposited fraudulent co-op cheques into her personal CIBC account for years. This week a judge ruled the bank is liable to the co-op for the $2M she stole
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Vancouver housing starts strong in September

Vancouver housing starts strong in September

While short term data shows elevated activity, the first half of 2022 saw declines in construction activity
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Two more B.C. real estate firms fined for anti-money laundering violations

Two more B.C. real estate firms fined for anti-money laundering violations

Parent firm LeHomes Realty has been fined over half a million dollars for two breaches; Cathay Pacific Realty Ltd. was fined $206,250
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Vancouver’s luxury real estate market returns to balanced conditions

Vancouver’s luxury real estate market returns to balanced conditions

After two years of ‘over-exuberance,’ the luxury market is seeing a slow down that represents a return back to normal
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Housing supply limiting B.C.’s population growth

Housing supply limiting B.C.’s population growth

Duelling reports question housing demand, but demand more housing
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