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CMHC reports annual pace of housing starts up eight per cent in October

CMHC reports annual pace of housing starts up eight per cent in October

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September.
Home prices decreasing in СÀ¶ÊÓƵ’s ski regions, says Royal LePage

Home prices decreasing in СÀ¶ÊÓƵ’s ski regions, says Royal LePage

Interest rates, capital gains taxes and short-term rental measures are some factors in province’s recreational property transactions
Immigration cuts will help housing gap, PBO says, but less than government projects

Immigration cuts will help housing gap, PBO says, but less than government projects

OTTAWA — The federal government is overestimating the impact its cuts to immigration will have on the country's housing shortage, the Office of the Parliamentary Budget Officer said in a new report.
National home sales surge in October after previous month's supply bump: CREA

National home sales surge in October after previous month's supply bump: CREA

The Canadian Real Estate Association says the number of homes sold in October rose 30 per cent compared with a year ago, marking a shift from the market's holding pattern. On a seasonally adjusted month-over-month basis, national home sales rose 7.
Victoria exceeds first-year housing target, falls short on affordability

Victoria exceeds first-year housing target, falls short on affordability

A city report says 1,477 net new units were completed in the first year, exceeding the target of 659 new homes
$574 million in federal financing to help build Vancouver rental homes

$574 million in federal financing to help build Vancouver rental homes

VANCOUVER — The federal government is providing more than $574 million in financing to help build about 950 rental homes in Vancouver.
Vancouver Island bucks СÀ¶ÊÓƵ trend with low residential investor-ownership

Vancouver Island bucks СÀ¶ÊÓƵ trend with low residential investor-ownership

Statistics Canada data show local communities prioritize local ownership over investment
СÀ¶ÊÓƵ Realtor linked to alleged widespread mortgage fraud racket turns in licence

СÀ¶ÊÓƵ Realtor linked to alleged widespread mortgage fraud racket turns in licence

Jin Luo bought a $2.18-million Vancouver property by falsely indicating he had a savings account balance of $850,000 and an annual income of $256,961.
Rent inflation to slow in the next few years, Desjardins predicts

Rent inflation to slow in the next few years, Desjardins predicts

OTTAWA — The rate at which Canadian rental prices are increasing should slow in the coming years as the government's plan to cut back immigration numbers takes hold, a new report from Desjardins says.
Vancouver building permit values plummet in September, says StatCan

Vancouver building permit values plummet in September, says StatCan

Canada, other provinces outperforming СÀ¶ÊÓƵ
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