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Real Estate

B.C., Ontario mortgage-holders increasingly missed payments in Q4, Equifax says

B.C., Ontario mortgage-holders increasingly missed payments in Q4, Equifax says

TORONTO — Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.
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Ottawa says its housing deals with cities will build 750,000 homes in the next decade

Ottawa says its housing deals with cities will build 750,000 homes in the next decade

According to the Canadian Home Builders’ Association, average municipal approval timelines for housing projects in 2022 spanned from three months to nearly three years, depending on the city.
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New listings rose in Vancouver last month, easing pressure: real estate board

New listings rose in Vancouver last month, easing pressure: real estate board

VANCOUVER — Greater Vancouver's real estate board says new listings were up in February as home sellers shed some of their hesitance and home sales also rose.
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‘It's a really exciting time': New residential, industrial developments take off in Nanaimo

‘It's a really exciting time': New residential, industrial developments take off in Nanaimo

Developers invest in rental construction downtown as new industrial land is unlocked
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'Faster, simpler and better': Burnaby wins award for most-improved permit processing

'Faster, simpler and better': Burnaby wins award for most-improved permit processing

'This award is the latest milestone in our efforts to make it easier to build the projects we need in Burnaby,' said Mayor Mike Hurley.
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Opinion: Why boards, C-suite leaders must cultivate a sustainability culture

Opinion: Why boards, C-suite leaders must cultivate a sustainability culture

Meaningful change and progress must come from the top
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B.C.'s eviction moratorium effective but reveals flaws in tenancy branch

B.C.'s eviction moratorium effective but reveals flaws in tenancy branch

Surrey had the highest rate of evictions during the first year of the COVID-19 pandemic.
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CMHC ends first-time homebuyer incentive, a program critics say 'made no sense'

CMHC ends first-time homebuyer incentive, a program critics say 'made no sense'

Canada's housing agency says it is ending the first-time homebuyer incentive program, which many had criticized as unhelpful. Canada Mortgage and Housing Corp.
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B.C. renters, mortgage holders delaying retirement savings, says survey

B.C. renters, mortgage holders delaying retirement savings, says survey

B.C. residents with monthly housing costs are choosing between 'paying for living expenses today or putting some money away for tomorrow.'
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Are B.C. residents really ready for homebuying helpers like joint tenancy?

Are B.C. residents really ready for homebuying helpers like joint tenancy?

New survey report shows that Canadians are considering rent-to-own, joint ownership and secondary suites as ways to get into the market.
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