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Real Estate

Bank of Canada lowers benchmark qualifying mortgage rate

Bank of Canada lowers benchmark qualifying mortgage rate

Mortgage applicants can now qualify for a slightly higher priced home under stress test
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More than a hundred pre-sale Richmond condo owners left hanging by developer

More than a hundred pre-sale Richmond condo owners left hanging by developer

A Richmond developer has pulled the plug on a 15-storey mixed use residential tower in the city centre, leaving more than 100 pre-sale buyers in the lurch.
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Vancouver workers must earn $35.43/hr to rent an average 2-bedroom apartment

Vancouver workers must earn $35.43/hr to rent an average 2-bedroom apartment

The Canadian Centre for Policy Alternatives has released a rental housing wage report for cities across Canada and Vancouver was ranked the least affordable.
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Island’s time: real estate developers catch a wave

Island’s time: real estate developers catch a wave

From the capital to the Pacific Rim, re-booted and new real estate projects define a changing Vancouver Island
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Strong demand, short supply keep office, industrial on full boil

Strong demand, short supply keep office, industrial on full boil

World leader The latest figures from CBRE Ltd. give Vancouver’s downtown a credible claim to being the hottest office market in the world, and most certainly North America.
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Building the case for more mass timber construction

Building the case for more mass timber construction

B.C. government investing in engineered wood as producers eye market demand
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Lower Mainland’s new home supply plummets by nearly half: report

Lower Mainland’s new home supply plummets by nearly half: report

Just over 4,000 new homes were released in region in first six months of 2019, versus nearly 8,000 one year previously
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Home sales down in B.C. on annual basis, up nationwide

Home sales down in B.C. on annual basis, up nationwide

Near-12-per-cent year-over-year sales decline in B.C. is offset nationally by gains in Toronto and Montreal
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Port Moody's Westport Village goes to public hearing

Port Moody's Westport Village goes to public hearing

Despite many supporters at meeting, Port Moody council has concerns
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B.C.’s biggest construction companies getting bigger

B.C.’s biggest construction companies getting bigger

Average billings among the top 20 increased by 13.4% between 2017 and 2018
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