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Real Estate

Budget 2023: Home sales and prices expected to decline this year

Budget 2023: Home sales and prices expected to decline this year

Both are forecasted to increase in 2024 with housing starts remaining somewhat level. 
Canadian commercial real estate investment could reach high of $59B in 2023: CBRE

Canadian commercial real estate investment could reach high of $59B in 2023: CBRE

TORONTO — The outlook for commercial real estate looks bumpy in the near term, but a soft landing could still be in the cards.
Bed, Bath & Beyond space set to hit the market this week

Bed, Bath & Beyond space set to hit the market this week

Retailer vacating 32 locations in Western Canada totalling nearly 1M square feet
Phased projects hold appeal as construction risks linger

Phased projects hold appeal as construction risks linger

Economic uncertainties have developers extending build-out for projects
British Columbians need to save for up to 20 years to afford first home

British Columbians need to save for up to 20 years to afford first home

First-time homebuyers in the Lower Mainland have to save for over a decade to afford current prices.
Vancouver, Victoria and North Van are B.C.'s top rental cities

Vancouver, Victoria and North Van are B.C.'s top rental cities

Knowing which cities have the most renters can inform policy and help those looking for a place to live, says a rental expert.
‘Move-over’ buyers driving demand in high interest rate, low inventory market: report

‘Move-over’ buyers driving demand in high interest rate, low inventory market: report

Mortgage stress tests may weigh on Metro Vancouver homebuyers in the coming year, says Re/Max Canada
New program examines housing barriers facing Metro Vancouver Indigenous communities

New program examines housing barriers facing Metro Vancouver Indigenous communities

Three-part discussion series set to debut later this month
Calgary’s low equity, high cash flow attracts landlord investors

Calgary’s low equity, high cash flow attracts landlord investors

Multi-family market conditions ‘not seen since Alberta’s last economic boom,’ says CMHC analyst.
Alberta brewery acquires Diamond Valley acres for five-fold expansion

Alberta brewery acquires Diamond Valley acres for five-fold expansion

Approved multimillion-dollar destination brewery expected to increase jobs, capacity for its German-styled beers