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Real Estate

CMHC says annual pace of housing starts in June down 9% from May

CMHC says annual pace of housing starts in June down 9% from May

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell nine per cent compared with May.
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B.C. Realtor fined $130K, banned for role in alleged mortgage fraud network

B.C. Realtor fined $130K, banned for role in alleged mortgage fraud network

Realtor Rashin Rohani bought five North Vancouver homes for herself using falsified income documents, according to a hearing panel of the BCFSA, the province's regulator of real estate
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CREA cuts housing market forecast for 2024 despite June sales rising

CREA cuts housing market forecast for 2024 despite June sales rising

The Canadian Real Estate Association says it is scaling back its housing market forecast for the remainder of the year amid increased levels of supply and a quiet spring spurred by fewer interest rate cuts expected in 2024.
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Vancouver Island portfolio underscores multifamily opportunities

Vancouver Island portfolio underscores multifamily opportunities

Steady demand for housing supports buyer interest
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Metro Vancouver single-family home prices soaring, says report

Metro Vancouver single-family home prices soaring, says report

Home prices expected to increase 5.5 per cent in Q4, according to Royal LePage
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Interest rate cut hasn't led to rush of homebuyer demand yet: Royal LePage report

Interest rate cut hasn't led to rush of homebuyer demand yet: Royal LePage report

TORONTO — Despite expectations of lower interest rates prompting homebuyers to leave the sidelines, a new report says the Bank of Canada's quarter-point cut to its key interest rate last month did not lead to a rush in demand.
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Higher sales in June bring hope to Vancouver's housing market

Higher sales in June bring hope to Vancouver's housing market

Five-per-cent sales uptick in June, RBC reports two months needed to confirm rebound
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Cash flow appeals to manufactured home park investors

Cash flow appeals to manufactured home park investors

Shifting financing environment boosts buying opportunities
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West Vancouver approves new demoviction protections for renters

West Vancouver approves new demoviction protections for renters

The rules also require developers to show how additional density on rental properties will contribute to the district’s housing needs
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Richmond hosts open houses on new housing regulations

Richmond hosts open houses on new housing regulations

The discussions will be based around the impacts of Bill 44 and Bill 47 on Richmond residents.
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