Exciting changes are coming to Vancouver’s neighborhoods! The city is transforming temporary street plazas into vibrant, permanent spaces, starting with Kamloops-Hastings in Hastings-Sunrise. 🌳🚶♂️
With...
Mapping the Impact: Which Canadian Cities Are Most Exposed to U.S. Tariff Risks?
Exploring the impact of U.S. tariffs on Canadian cities: From Saint John's high exposure to Vancouver's resilience, see which areas are most at risk. Southern Ontario and Alberta face significant challenges,...
Bank of Canada Cuts Rates Amid Trade Uncertainty 📉
The Bank of Canada has lowered its key policy rate by 25 bps to 2.75%, its 7th consecutive cut in nine months, as trade tensions and U.S. tariffs weigh on growth and inflation.
#Economy #BankOfCanada #I...
📉 Rent in Vancouver drops, but it’s still Canada’s most expensive city 💰
Vancouver’s rental prices hit a three-year low, but it remains the priciest place to rent in Canada. A one-bedroom now averages $2,518, with a 5.1% drop year over year. Meanwhile, rents in Toronto and Calgary...
🚨 Surrey is stepping away from Metro 2050! 🚨
In a unanimous vote, Surrey City Council has decided to withdraw from Metro Vancouver’s Regional Growth Strategy, citing concerns over cost, equity, and governance. Mayor Brenda Locke emphasizes that Metro...
🏢 BC Government Moves Forward with Richmond Supportive Housing Project 🏠
After a temporary suspension, the BC Government has decided to proceed with its controversial 90-unit supportive housing project at 3780 Sexsmith Road in Richmond.
Despite public opposition, including protests...
📢Vancouver Housing Debate 🏙️
Is the City of Vancouver competing with private developers in its own housing market? 🤔 With a new project at Burrard & Pacific featuring 1,136 market-rental units in two striking towers, the City...
The 5-Year Canada Bond Yield Drops to July 2022 Levels
The sharp decline in the 5-year Canada bond yield likely signals lower fixed mortgage rates ahead. If you're planning to buy a home or renew your mortgage, now might be the perfect time to reach out to...
Bank of Canada Lowers Rates Again. But What’s Next?
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🏦 Bank of Canada Cuts Key Interest Rate to 3.25% 📉
The Bank of Canada has made its final major move of the year, lowering the key interest rate to 3.25%—a large 50 basis point cut! Good news for variable-rate mortgage holders: expect lower monthly payments!...
15 Wacky Real Estate Facts You Won't Believe!
From haunted houses to Tokyo's teardown trend, the real estate world is full of surprises! Did you know McDonald's is a real estate empire, not just burgers? 🍔🏠 Or that a red front door in Scotland means...
Vancouver's 2025 Budget: Property Tax Hike Ahead?
Vancouver City Council is considering a 5.5% property tax increase for 2025, with rising costs and infrastructure projects driving the budget.
What’s your take on this proposed hike? 🏠
#VancouverBudget...
Vancouver Commercial Rents on the Rise!
Vancouver's commercial rents climbed 2.4% in Q3 2024, outpacing B.C. & Canada! 💼🏢 Steady demand seen across office, retail, and industrial spaces.
#VancouverRealEstate #CommercialRents #MarketTrends...
Goodbye, Polka-Dot House
East Vancouver bids farewell to its iconic polka-dot home, a joyful landmark for over 30 years. Once owned by chef Chuck Currie, it will be refurbished with a nod to its legacy—a polka-dot mini library....
Greater Vancouver Home Sales Surge in October Amid Lower Borrowing Costs
Greater Vancouver home sales surged 32% in October with rates dropping! Signaling a potential market rebound. Is this the start of a new trend?
#VancouverRealEstate #MarketUpdate
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Vancouver's Housing Boom: 58,000 Homes in Development Pipeline!
Vancouver’s housing development is ramping up! With 58,000 homes in the pipeline, the city is on track to exceed housing targets by 2028, aiming to address growing demand. From rental approvals to major...
BC Tenant Fights for $200 Pet Deposit Return in Tribunal
A BC tenant successfully challenged a $200 pet deposit deduction after a tribunal found no proof of pet-related damage or agreed pet limit. The landlord had withheld funds, claiming extra cleaning costs...
Metro Vancouver's Housing Crisis Grows
Over 45,000 homes short and counting! Metro Vancouver faces a severe housing shortfall, expected to reach nearly 49,000 by 2031. With skyrocketing population growth, Surrey will become the largest city...
OSFI Drops Stress Test for Uninsured Borrowers Switching Lenders!
Starting November 21st, uninsured mortgage holders in Canada can switch lenders at renewal without the stress test if their loan amount and term stay the same.
How will this impact lender competition? ...
Could Luxury Housing Help Solve Vancouver's Affordability Crisis?
Could more luxury developments help make housing in Vancouver more affordable? Economist Michael Wiebe believes so, citing "vacancy chains." Others disagree. What do you think?
Full article here: h...