Market Update

  • Vancouver approves vacant homes tax by Steve Randall

    Empty homes in Vancouver will cost owners 1 per cent of the property’s value from 2017 following approval of the tax by city councillors

  • Another big bank increases mortgage rates by Steve Randall

    TD Bank has become the latest of the big banks to increase its mortgage rates as changes in the bonds market add to the impact of federal rule changes

  • Housing market is a threat in 2017 says CBRE exec by Steve Randall

    The managing director of CBRE in Canada says that the commercial market has been mixed in Vancouver during 2016 with strong downtown office activity but lower industrial deals due to a lack of supply

  • Construction makes Vancouver the fastest-growing economy by Steve Randall

    The economy in Vancouver will be the fastest-growing metropolitan region for 2016 and 2017; Halifax and Toronto are also set to see healthy growth while Calgary and Edmonton will be lower for 2016 but will rebound in 2017

  • Toronto urged to allow laneway housing by Steve Randall

    Two councillors are urging Toronto City Council to approve the construction of laneway housing to ease the city’s shortage of homes

  • McLister says Trump win is a game-changer by Steve Randall

    Veteran mortgage broker Robert McLister says that the election of Donald Trump to the White House could be a “game-changer” for Canadian real estate, and not in a good way

  • Mortgage insurance premiums set to rise by Steve Randall

    Homeowners could be facing mortgage insurance price increases next year according to the boss of Canada’s largest private mortgage insurer


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