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Real Estate

National rent prices decline year-over-year for first time since pandemic: report

National rent prices decline year-over-year for first time since pandemic: report

Average asking rents declined nationally on a year-over-year basis for the first time in more than three years in October, said a report out Thursday. The report from Rentals.
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Vancouver developers struggle with wave of insolvencies as costs soar

Vancouver developers struggle with wave of insolvencies as costs soar

Restructurings more common in current difficult economic, regulatory environment
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BoC official warns against playing with mortgage rules to make housing affordable

BoC official warns against playing with mortgage rules to make housing affordable

The Bank of Canada’s senior deputy governor is warning against adjusting mortgage rules to try to make the prospect of homeownership more affordable.
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Falling rates fuel resurgence in Vancouver office investment, says Avison Young

Falling rates fuel resurgence in Vancouver office investment, says Avison Young

Deals in office market expected to ramp up as lower interest rates take hold
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Hines refocuses on Vancouver following Calgary residential build

Hines refocuses on Vancouver following Calgary residential build

Pre-leasing counting on an upswing in tenant activity as vacancies max out
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Vancouver home sales surge in October amid lower borrowing costs: board

Vancouver home sales surge in October amid lower borrowing costs: board

VANCOUVER — Greater Vancouver Realtors says home sales in the region jumped 31.
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CMHC says mortgage risks remain as delinquencies creep up, alternative lending grows

CMHC says mortgage risks remain as delinquencies creep up, alternative lending grows

Risks remain in the mortgage market as a wave of borrowers still have to renew at higher rates, alternative lenders take a growing share of new mortgages and delinquency rates keep creeping up, Canada's housing agency says.
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Poilievre asks premiers to axe their sales taxes on new homes worth under $1 million

Poilievre asks premiers to axe their sales taxes on new homes worth under $1 million

OTTAWA — Conservative Leader Pierre Poilievre has written to the provinces' premiers, asking them to eliminate their sales taxes on new homes that are under $1 million.
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Beyond Vancouver, B.C.'s secondary real estate markets poised for investor growth

Beyond Vancouver, B.C.'s secondary real estate markets poised for investor growth

Anticipated development, lower interest rates create opportunities across the province
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What you need to know before helping your child with a home down payment

What you need to know before helping your child with a home down payment

OTTAWA — With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers.
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