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Real Estate

Mortgage renewals will strain Canadians, but most will manage: TD report

Mortgage renewals will strain Canadians, but most will manage: TD report

TORONTO — A report by TD Bank suggests mortgage renewals are expected to strain Canadian households, but most borrowers will manage albeit with less financial flexibility.
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Rents easing across most major markets but many tenants not feeling relief: CMHC

Rents easing across most major markets but many tenants not feeling relief: CMHC

Higher turnover rents in several major rental markets have decreased tenant mobility, leading to longer average tenancy periods and "more substantial" rent increases when tenants do move, says CMHC.
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Vancouver homeownership still out of reach as affordability improves across Canada, says RBC

Vancouver homeownership still out of reach as affordability improves across Canada, says RBC

Pandemic-era spike in prices now giving way to buyers’ market, according to bank economist
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Suburban strength offsetting downtown vacancy in Vancouver office market, says CBRE

Suburban strength offsetting downtown vacancy in Vancouver office market, says CBRE

Suburbs like Burnaby currently outperforming downtown, according to new report
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Vancouver home sales fall 10% in June but board believes momentum could be building

Vancouver home sales fall 10% in June but board believes momentum could be building

Vancouver-area home sales decreased 9.8 per cent in June but the city's real estate board says that could signal a potential recovery after larger year-over-year declines in previous months.
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B.C. changing regulations to reduce early-stage financing costs, boost housing starts

B.C. changing regulations to reduce early-stage financing costs, boost housing starts

Province expanding use of surety bonds to pay developer fees, freeing up capital for construction
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So long, Shangri-La: Downtown Vancouver luxury hotel rebranding as Park Hyatt

So long, Shangri-La: Downtown Vancouver luxury hotel rebranding as Park Hyatt

It's now the Hyatt Vancouver Downtown Alberni, but it's going to be a posh Park Hyatt
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$10-a-day child care still elusive for most B.C. families

$10-a-day child care still elusive for most B.C. families

Advocates say only a sliver of children are enrolled as the province stalls on its universal child care commitment.
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Surrey gets hundreds of new rentals as developers pivot from condos

Surrey gets hundreds of new rentals as developers pivot from condos

The shift could reduce future ownership opportunities for first-time buyers, says one Realtor.
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These seven Metro Vancouver neighbourhoods are undervalued, says Re/Max

These seven Metro Vancouver neighbourhoods are undervalued, says Re/Max

Transit expansion making distant communities more attractive, says real estate firm
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