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Real Estate

Interest rates have further to fall, but fixed mortgage rates are already nearing their bottom

Interest rates have further to fall, but fixed mortgage rates are already nearing their bottom

Tuesday’s lower-than-expected inflation report means that quicker and steeper interest rate cuts are expected from the Canadian central bank
CMHC reports September pace for housing starts up from August

CMHC reports September pace for housing starts up from August

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in September was up five per cent compared with August.
New BC Housing project surprises Vancouver small businesses

New BC Housing project surprises Vancouver small businesses

South Granville shop owners say they weren’t told about the 114-unit supportive housing plan
CREA lowers housing market forecast for 2024 amid 'holding pattern' for home sales

CREA lowers housing market forecast for 2024 amid 'holding pattern' for home sales

The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada's interest rate cuts haven't spurred the gradual improvement it previously anticipated.
Analysis: David Eby and NDP align with Christy Clark on key housing initiative

Analysis: David Eby and NDP align with Christy Clark on key housing initiative

The BC NDP has gone gangbusters on an old home ownership scheme initially conceived by the Christy Clark-led B.C. government; critics say it will do nothing to bring down home prices.
Real estate developers predict mortgage changes will do little to spur demand for newly built homes

Real estate developers predict mortgage changes will do little to spur demand for newly built homes

The real estate industry does not believe the extended amortization period included in the changes will stimulate buying given higher housing prices
Displaced tenants in B.C. look for more protection

Displaced tenants in B.C. look for more protection

New provincial legislation threatens to upend affordable rental housing efforts because, by next year, the policies must meet a test of financial viability for developers.
Telus HQ deal illustrates rebound in Vancouver office sales

Telus HQ deal illustrates rebound in Vancouver office sales

Morguard acquires 20 per cent of Telus Garden as office investment surges in region
Vancouver real estate flat as buyers wait out Bank of Canada

Vancouver real estate flat as buyers wait out Bank of Canada

Greater Vancouver buyers sitting on fence, resulting in slower activity across all segments, says Royal LePage
West Vancouver developer must pay back $1-million deposit, B.C. Supreme Court rules

West Vancouver developer must pay back $1-million deposit, B.C. Supreme Court rules

The developer failed to get an occupancy permit and deliver the West Van property with a clean title, the court found.