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Real Estate

Vendor financing still important despite interest rate cut

Vendor financing still important despite interest rate cut

Creative solutions needed as financing costs remain high
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Comment: Homeownership is the key to a better future

Comment: Homeownership is the key to a better future

Multiple studies have established that homeowners have much better socioeconomic outcomes, have higher life satisfaction, are healthier.
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Vancouver council allows 'mass timber' buildings up to 18 storeys

Vancouver council allows 'mass timber' buildings up to 18 storeys

City’s chief building official: “When there is a fire in a mass timber building, we see charring that takes place, and the charring actually helps protect the remainder of the structure.”
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Every new home built requires $100,000 in infrastructure spending: report

Every new home built requires $100,000 in infrastructure spending: report

As Canada aims to build homes faster, both the public and private sectors will need to boost spending on municipal infrastructure, a new report from the Canadian Urban Institute says.
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Comment: Government is making construction more expensive

Comment: Government is making construction more expensive

While the Rage Index is highest in Ontario and Alberta, for the first time in nearly two years of tracking, there was a 16-point spike in B.C.
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Vancouver Island’s recreational property prices set to rise in 2024

Vancouver Island’s recreational property prices set to rise in 2024

Reports find recreational owners holding on to properties despite market challenges
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Younger homeowners more likely to be financially stressed: survey

Younger homeowners more likely to be financially stressed: survey

Roughly six in 10 Canadians with a mortgage are financially stressed, with younger homeowners more likely to be under pressure.
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Why Vancouver's office market is thriving amid North American struggles

Why Vancouver's office market is thriving amid North American struggles

American tech giants happy to seek talent north of the border
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Liberal government launches $1.5B program to build more co-op housing

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.
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Average asking rents in Canada reach record $2,202 in May, says new report

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.
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