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Real Estate
Real Estate
Vancouver sees spike in foreclosures of smaller developers
Foreclosures continue to emerge in an interest rate environment that is too challenging for companies inexperienced with Vancouver’s typically lengthy development process
Jun 7, 2024 1:30 PM
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Why Vancouver's office market is thriving amid North American struggles
American tech giants happy to seek talent north of the border
Jun 6, 2024 4:00 PM
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Liberal government launches $1.5B program to build more co-op housing
OTTAWA — Housing Minister Sean Fraser announced the launch of a $1.5-billion co-operative housing development program that the federal government promised in its 2022 budget.
Jun 6, 2024 12:54 PM
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Average asking rents in Canada reach record $2,202 in May, says new report
A new report says the average asking rent for a home in Canada hit a record $2,202 in May, up 9.3 per cent compared with a year ago and 0.6 per cent from the previous month. The report by Urbanation and Rentals.
Jun 6, 2024 12:53 PM
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Commercial real estate trends shifting toward purpose-built rentals: Re/Max report
TORONTO — An analysis of 12 of the largest Canadian commercial real estate markets shows developers have shifted their focus toward purpose-built rental construction, some at the expense of new residential condominiums and commercial buildings.
Jun 6, 2024 8:48 AM
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Cybersecurity concerns on the rise in commercial real estate
The ‘smarter’ office buildings become, the more they need to consider the vulnerabilities of their internet-connected operational technologies
Jun 5, 2024 4:00 PM
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Collaboration key as network of Victoria buildings leads B.C. in sustainability push
More than 40 buildings in Greater Victoria promise to cut emissions in half by 2030
Jun 4, 2024 4:30 PM
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By the numbers: How a Bank of Canada rate cut will affect mortgages and other debt payments
For those contemplating a mortgage or other debt with fixed interest rates, any impact will depend on whether and how the Bank of Canada’s decision on Wednesday affects investors' expectations.
Jun 4, 2024 10:30 AM
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Vancouver home sales fall nearly 20 per cent in May as inventory continues to climb
VANCOUVER — Greater Vancouver's real estate board says the number of homes that changed hands in May fell 19.9 per cent from the previous year as more new properties continued to hit the market.
Jun 4, 2024 9:51 AM
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Metro Vancouver land deals on hold as developers remain cautious
Tight financing, sale conditions slow deal-making but interest is steady
Jun 4, 2024 7:30 AM
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