Bank of Canada lowers benchmark qualifying mortgage rate
Business in Vancouver–Jul. 21, 2019
For the first time in three years, the Bank of Canada has lowered its five-year qualifying mortgage rate, from 5.34 per cent to 5.19 per cent. This provides some …
Is a fresh wave of foreign homebuyers coming from Hong …
Vancouver Is Awesome–Jul. 26, 2019
Since the foreign buyer tax was first introduced in Metro Vancouver in 2016, and … According to a recent Bloomberg article, Metro Vancouver real estate agents …
Hong Kongers are looking to buy properties in Toronto and …
Financial Post–Jul. 25, 2019
Dan Scarrow, president of Macdonald Real Estate Group in Vancouver, said many of his Chinese agents saw an uptick in interest for both sales and rentals this …
Alberta real–estate agents get safety app after Calgary open …
National Post–Jul. 23, 2019
CALGARY — An association representing Alberta real–estate agents is … had a scary experience working as a real–estate agent in Vancouver six years ago.
Vancouver’s incentive programs ‘absolutely necessary’ to …
Business in Vancouver–Jul. 25, 2019
City of Vancouver incentive programs for building rental housing have produced hundreds of rental units, but more incentives may be needed to bolster supply, …
Opinion: Is a fresh wave of foreign homebuyers coming from …
Vancouver Courier–Jul. 26, 2019
According to a recent Bloomberg article, Metro Vancouver real estate agents are seeing a significant uptick in interest from Hong Kong buyers, with more Hong …
Hunt for industrial property getting tougher for Metro businesses
Vancouver Sun–Jul. 23, 2019
A food production company looking to lease a 15,000-square-foot industrial strata space in Metro Vancouver recently got in touch with Bruno Fiorvento, …
Residential, purpose-built rental sales plummet from a year ago
Business in Vancouver–Jul. 24, 2019
Release of June housing resale data last week by the Canadian Real Estate Association provoked mixed reactions. On the one hand, RBC Economics …
New Canada Line cars headed for Vancouver
Vancouver Sun–Jul. 22, 2019
New Canada Line cars headed for Vancouver … new two-car Canada Line trains as part of the first phase of its 10-year transportation plan for Metro Vancouver.
BC court rules against Concord Pacific in Plaza of Nations case
Business in Vancouver–Jul. 22, 2019
The Supreme Court of British Columbia has sided with Oei Hong Leong in a lengthy legal battle between the Singapore-based magnate and Vancouver …