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Real Estate News

Interest rates send shivers through B.C. real estate market

Interest rates send shivers through B.C. real estate market

Sales declines were observed in most regions of the province.
'White hot' market sends industrial lease rates skyward

'White hot' market sends industrial lease rates skyward

Rising interest rates could slow new industrial strata projects
Black Canadians to benefit from new $50M federal housing fund

Black Canadians to benefit from new $50M federal housing fund

Non-profit groups catering to housing for Black Canadians can now tap into a $50-million fund.
What B.C.’s money laundering inquiry said about real estate prices and regulations

What B.C.’s money laundering inquiry said about real estate prices and regulations

Nearly half of Commissioner Austin Cullen's recommendations are directly or indirectly related to real estate regulations in B.C. despite inconclusive findings.
Glass price increase adds to construction cost pressures

Glass price increase adds to construction cost pressures

Contractors pushed to the brink as insolvencies loom
Builders on edge over rapid construction cost increases

Builders on edge over rapid construction cost increases

Some projects likely won’t get built as revenues fall short
Ottawa offers interest-free loans for home energy retrofits

Ottawa offers interest-free loans for home energy retrofits

The loans cover things like insulation and installation of heat pumps.
Two empty lots listed in B.C. town for $7,500 each

Two empty lots listed in B.C. town for $7,500 each

Holy moly!
Investors, homebuyers see value in manufactured homes

Investors, homebuyers see value in manufactured homes

While prices have increased, manufactured homes offer a low-price point, and their parks provide investors with steady returns and, lately, startling appreciation
Rising mortgage rates cooling homes sales, but not prices

Rising mortgage rates cooling homes sales, but not prices

The average five-year fixed mortgage rate reached 4.49 per cent in June, the highest since 2009