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Real Estate

By the numbers: How a Bank of Canada rate cut will affect mortgages and other debt payments

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.
Vancouver home sales fall nearly 20 per cent in May as inventory continues to climb

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.
Metro Vancouver land deals on hold as developers remain cautious

Metro Vancouver land deals on hold as developers remain cautious

Tight financing, sale conditions slow deal-making but interest is steady
Vancouver falling short of B.C.-mandated housing targets

Vancouver falling short of B.C.-mandated housing targets

Housing Minister Ravi Kahlon: "Although the council has different opinions, they seem united on wanting to make sure that housing gets built."
Vancouver’s tech campuses continue to play a vital post-pandemic market role

Vancouver’s tech campuses continue to play a vital post-pandemic market role

In-person collaboration, amenities attract tech talent to downtown Vancouver offices
Potential Bank of Canada rate cut would jolt slow housing market, experts say

Potential Bank of Canada rate cut would jolt slow housing market, experts say

Any mortgage payment relief will be small at first, as the central bank is expected to cut rates slowly in the coming quarters, and many would-be buyers will remain priced out of the market
ICYMI: CapU announces student dorm purchase in Squamish

ICYMI: CapU announces student dorm purchase in Squamish

Three dorms cost $55 million with $48 million coming from the provincial government.
How AI is affecting the commercial real estate sector

How AI is affecting the commercial real estate sector

Efficiencies that bolster the bottom line are also fuelling apprehension among brokers, experts say
More than 500 rental apartments proposed for former MEC site on Broadway

More than 500 rental apartments proposed for former MEC site on Broadway

Vancouver council will decide on the project May 30 at public hearing.
New transit oriented development rules won't impact Lower Lonsdale much

New transit oriented development rules won't impact Lower Lonsdale much

Most of the properties around Lonsdale Quay Exchange in the City of North Vancouver have already been built out