News

  • High-paying jobs brighten investor horizons by Vernon Clement Jones

    A new report pointing to growth in the number of high-paying jobs in B.C. suggests that property investors outside the pricey Lower Mainland will see vacancy rates drop and rents increase.

  • Economist: Land shortage spikes rents by Vernon Clement Jones

    Rents are inevitably on their way up, and at a much more rapid pace than they should be, according to a leading housing economist, laying blame at the foot of a land shortage in key Canadian markets.

  • Who manages the manager? by Caitlin Nobes

    Every investor has heard horror stories of bad property managers, so how do you get it right? It’s all about setting expectations and knowing how to evaluate and manage candidates, says one expert.

  • Housing starts up? Yes, up! by Vernon Clement Jones

    Housing starts climbed in June, driven by Quebec and British Columbia, but were probably too little and too late to prevent a construction slowdown, according to the Canada Mortgage and Housing Corp.

  • Housing market at “tipping point” by Caitlin Nobes

    The real estate market is at a tipping point, with some areas becoming too expensive for buyers, a real estate company says.

  • Analysts: T.O. condo investors safe by Vernon Clement Jones

    Toronto condo investors won’t likely face the value free fall many fear as a result of tighter mortgage rules, says a leading developer, predicting instead a gradual decline in prices, if one at all.

  • Poll: New rules sideline 15% of homebuyers by Vernon Clement Jones

    Nearly 15 per cent of prospective homebuyers say the latest rule changes -- in effect starting today -- make it less likely they will buy a new home in the next five years, according to a Bank of Montreal poll.

  • Last hurrah for residential building permits? by Caitlin Nobes

    May building permits hit the highest levels since 2007, with $7 billion worth of permits issued -- up 7.4% from April and likely the last hurrah for residential building permits entering a cooling market.

  • Realtors: Condo market 'self-corrected' in June by Vernon Clement Jones

    First-time buyers in Canada’s largest market had already begun to cool their jets before the government announced mortgage rule changes specifically meant to accomplish the same, according to new stats.

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