Real Estate

B.C. construction should brace for shutdown: industry experts

Stoppage called ‘inevitable’ despite provincial assurances

Mar 25, 2020 9:10 AM Read more >

A shift in markets has begun, and the outcome is uncertain

The market shifts The World Health Organization’s declaration on March 11 that the novel coronavirus COVID-19 was a pandemic triggered a wave of public health and fiscal policy measures abundantly covered in this publication and others.

Mar 25, 2020 12:00 AM Read more >

New housing project for homeless opens in Vancouver

Homeless housing project opens at time when need is urgent to get homeless off the streets

Mar 24, 2020 10:17 AM Read more >

Interest rates on new mortgages increasing, despite Bank of Canada rate drop

Fixed mortgage rates hiked, discounts on variable rates slashed as banks desperately seek liquidity, while government intervenes

Mar 23, 2020 3:29 PM Read more >

Construction work can continue under COVID-19 restrictions

BC Building Trades concerned about worker safety at large projects like Site C

Mar 22, 2020 12:43 PM Read more >

‘Unprecedented paralysis of activity’ to curtail B.C. home sales: BCREA

Any buyer stimulus due to lower interest rates will be offset by economic paralysis, predicts association, which also calls for financial aid for households

Mar 18, 2020 2:03 PM Read more >

Canada’s big banks, credit union announce mortgage payment deferrals

Big Six and Vancity offering up to six months payment free for mortgage holders unable to make payments due to pandemic

Mar 18, 2020 1:55 PM Read more >

Risk avoidance drives disruption in construction practices

Sum of the parts Disruption was in the spotlight at two recent Urban Development Institute (UDI) seminars, which highlighted how builders are trying to avoid disruptive construction programs with disruptive approaches.

Mar 18, 2020 12:00 AM Read more >

Mortgage stress test changes suspended indefinitely: OSFI

Following emergency Bank of Canada interest rate cut, financial regulator puts easing of mortgage stress test on ice

Mar 16, 2020 10:18 AM Read more >

Emergency BOC rate cut will add fuel to housing sales

Some home owners will be paying mortgage rates as low as 1.95%; mortgage stress test nearly nullified

Mar 15, 2020 10:59 PM Read more >