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Variable mortgage rates regaining traction as Bank of Canada cuts rates

Variable mortgage rates regaining traction as Bank of Canada cuts rates

OTTAWA — The decision by the Bank of Canada to cut its key interest rate target this week was good news for borrowers with variable-rate mortgages, bringing back some of the shine for the once popular loans.
Vancouver's AI surge a boon for real estate, says CBRE report

Vancouver's AI surge a boon for real estate, says CBRE report

Total number of local tech jobs has grown 30.7% over five years
Lululemon founder behind massive project in False Creek Flats

Lululemon founder behind massive project in False Creek Flats

Low Tide Properties seeks to build two 35-storey rental towers, 19-storey office building
Vancouver home sales fall 17% in August despite interest rate cuts: real estate board

Vancouver home sales fall 17% in August despite interest rate cuts: real estate board

VANCOUVER — Greater Vancouver Realtors says home sales in the region dropped 17.1 per cent in August from a year earlier and were more than a quarter below the 10-year seasonal average.
Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could still be a while yet before lower borrowing costs translate into a meaningful boost to sales activity
Builder sues City of Burnaby for $11.3M over long-delayed ice arena

Builder sues City of Burnaby for $11.3M over long-delayed ice arena

Pomerleau Inc. says 'numerous cumulative impacts and cascading delays' increased costs on the Rosemary Brown Recreation Centre project.
B.C. Premier David Eby vows better public consultation on supportive housing projects

B.C. Premier David Eby vows better public consultation on supportive housing projects

Improvement on B.C.'s healthcare, housing, education and climate change actions among NDP's promises for upcoming election.
Baseline emerging for land prices as new normal takes hold

Baseline emerging for land prices as new normal takes hold

Foreclosures create opportunities for residential land buyers
Action, not just reporting, will help building owners limit carbon emissions and increase asset values: experts

Action, not just reporting, will help building owners limit carbon emissions and increase asset values: experts

Reporting energy and carbon data is just the first step in trying to limit global warming to international targets.
Government funding drives B.C. multi-family investment activity

Government funding drives B.C. multi-family investment activity

Momentum continuing in the second half of the year as interest rates fall
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