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CREA cuts 2025 forecast again but says home sales are rebounding from 'chaotic start'

CREA cuts 2025 forecast again but says home sales are rebounding from 'chaotic start'

For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales in 2025, even as it says a turnaround could be looming following increased activity in June.
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New B.C. program offers rebates for installation of heat pumps

New B.C. program offers rebates for installation of heat pumps

The program will be expanded this fall to include condos and apartments heated by fossil fuel.
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Broadway plan sees 146 projects in development pipeline

Broadway plan sees 146 projects in development pipeline

Total of 22,842 residential units among new housing planned for corridor
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Logistics firms sparking rebound in Metro Vancouver industrial leasing, says expert

Logistics firms sparking rebound in Metro Vancouver industrial leasing, says expert

‘Flight to quality’ occurring in industrial real estate, according to Cushman & Wakefield vice-chairman
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'Kind of stuck': Weak condo market means tough choices for potential move-up buyers

'Kind of stuck': Weak condo market means tough choices for potential move-up buyers

While optimism is building in some parts of Canada for a rebound in the real estate market, condominium dwellers wanting to move up to a larger space face tough choices amid little sign of improvement for that segment.
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Province cutting BC Hydro connection costs to spur more residential development

Province cutting BC Hydro connection costs to spur more residential development

One Vancouver multiplex builder calls policy change ‘a step in the right direction’
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Mortgage renewals will strain Canadians, but most will manage: TD report

Mortgage renewals will strain Canadians, but most will manage: TD report

TORONTO — A report by TD Bank suggests mortgage renewals are expected to strain Canadian households, but most borrowers will manage albeit with less financial flexibility.
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Rents easing across most major markets but many tenants not feeling relief: CMHC

Rents easing across most major markets but many tenants not feeling relief: CMHC

Higher turnover rents in several major rental markets have decreased tenant mobility, leading to longer average tenancy periods and "more substantial" rent increases when tenants do move, says CMHC.
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Vancouver homeownership still out of reach as affordability improves across Canada, says RBC

Vancouver homeownership still out of reach as affordability improves across Canada, says RBC

Pandemic-era spike in prices now giving way to buyers’ market, according to bank economist
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Suburban strength offsetting downtown vacancy in Vancouver office market, says CBRE

Suburban strength offsetting downtown vacancy in Vancouver office market, says CBRE

Suburbs like Burnaby currently outperforming downtown, according to new report
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