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‘Haven't seen this since the `80s.’: Canadian real estate lenders look to 2024

‘Haven't seen this since the `80s.’: Canadian real estate lenders look to 2024

Vancouver remains one of the top markets when it comes to real estate lender appetite in Canada, according to CBRE Canada survey
Canadian think tank suggests using public land, converting office buildings into housing

Canadian think tank suggests using public land, converting office buildings into housing

Canadian Urban Institute report also includes ‘less mainstream recommendations’ such as a human-rights approach to housing
Metro Vancouver meeting place capacity insufficient to meet demand

Metro Vancouver meeting place capacity insufficient to meet demand

Industry insiders say meeting space availability is at an all-time low and more is needed.
Potential Canadian homebuyers stand pat, expecting prices to slide further

Potential Canadian homebuyers stand pat, expecting prices to slide further

TD economist Rishi Sondhi is forecasting that the average national home price will drop 10% through the early part of next year from the third quarter of 2023
Some Kelowna investors want out of short-term rental game as new legislation looms

Some Kelowna investors want out of short-term rental game as new legislation looms

“There’s definitely some people talking about getting out ahead of it and getting out of the short-term rental and selling their property. But we haven’t, as of yet, seen a massive flood of it.”
Three in four Canadians say higher immigration is worsening housing crisis: poll

Three in four Canadians say higher immigration is worsening housing crisis: poll

Nearly two-thirds of respondents said the volume of newcomers is also adding pressure to the country's education systems.
Metro Vancouver developers delaying real estate projects amid higher rates, escalating costs

Metro Vancouver developers delaying real estate projects amid higher rates, escalating costs

Largest developers ‘plugging away’ but leaning on programs, pausing some activity
Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Meanwhile, economist forecasts no rate cuts coming until mid-2024
Trial begins over cancelled Richmond condo presale contracts

Trial begins over cancelled Richmond condo presale contracts

One of the 37 plaintiffs in the breach of contract trial testified Monday she "lost a lot of sleep" after the 2019 cancellation.
Cities call for infrastructure funding to build homes, fiscal update sparks dismay

Cities call for infrastructure funding to build homes, fiscal update sparks dismay

OTTAWA — The federal government's fiscal update has sparked disappointment among many who were hoping for big action on housing, including municipal leaders.
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