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Real Estate

Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD

Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD

TORONTO — Nearly half of homeowners facing a mortgage renewal in the next year expect their monthly payments to go up — with many anticipating having to adjust their budget to keep up with the higher cost, a survey published on Thursday shows.
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As Liberals push prefab, B.C. researcher touts new construction methods

As Liberals push prefab, B.C. researcher touts new construction methods

Prefabrication could see Canadian homes built like cars and airplanes, says UBC prof
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Competition Bureau urges retailers and landlords to drop property controls

Competition Bureau urges retailers and landlords to drop property controls

OTTAWA — The Competition Bureau is urging retailers and landlords to drop or change competitor property controls that are not justified even if they do not raise issues under the Competition Act.
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U.K. architects eye B.C. work as employment barriers loosen

U.K. architects eye B.C. work as employment barriers loosen

British High Commissioner to Canada says initiative ‘can only help’ with housing challenges
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French construction giant acquires B.C.'s Peters Bros Construction

French construction giant acquires B.C.'s Peters Bros Construction

Okanagan Valley paving company generated $90M in revenue in 2024, according to Vinci Construction
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Vancouver home sales continue to weaken, inventory builds: board

Vancouver home sales continue to weaken, inventory builds: board

VANCOUVER — Vancouver home sales activity fell again in May as buyers continued to sit on the sidelines, the city's real estate board said Tuesday. Residential sales in the region totalled 2,228 last month, an 18.
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Oxford Properties buys CPP Investments' stake in office portfolio in Western Canada

Oxford Properties buys CPP Investments' stake in office portfolio in Western Canada

TORONTO — Oxford Properties Group has signed a deal to buy the Canada Pension Plan Investment Board's 50 per cent stake in a group of office properties in Western Canada that they co-own for $730 million.
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Mortgage-free retirement out of reach for one in three Canadians, says survey

Mortgage-free retirement out of reach for one in three Canadians, says survey

Royal LePage report says affordability crisis delays homeownership, leaving nearly 30% of near-retirees still paying off their homes.
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U.S.-China tensions influencing Vancouver industrial real estate

U.S.-China tensions influencing Vancouver industrial real estate

Despite 90-day reprieve, logistics groups are hedging their bets and looking for space
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B.C. housing minister says STR rules won’t be loosened after industry petition

B.C. housing minister says STR rules won’t be loosened after industry petition

Realtor association calls for changes, but Ravi Kahlon says long-term supply is government's priority
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