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  1. REBGV COVID-19 update April 8

    REBGV COVID-19 update April 8 REBGV

  2. Value of building permits issued across Canada plummets in March – StatCan

    COVID-19 uncertainty has slowed building permits Duffie OsentalMortgage Broker News Economic uncertainty from the ongoing COVID-19 pandemic has caused the value of building permits issued across Canada to decrease in March, according to figures from Statistics Canada (StatCan). According to StatCan, the value of building permits issued by Canadian municipalities fell 23.2% in March 2020 […]

  3. US News: Veros cuts housing appreciation projections in half

    Veros Real Estate Solutions projects average annual home price appreciation of 1.9% Clayton Jarvisother In its most recent market forecast, Veros Real Estate Solutions projects average annual home price appreciation of 1.9% for the 100 largest housing markets in the U.S. in 2020. Not so bad considering the economy is currently encased in concrete. Although […]

  4. Review bylaws before electronic meeting

    Only practical method of voting may be calling the roll one at a time to identify how they vote Tony GioventuThe Province Dear Tony: Our strata corporation is 118 units in the Fraser Valley. In 2010 we adopted a new bylaw package that was drafted and reviewed by our lawyer that included a bylaw that […]

  5. Sophia Living 2301 Clark Street Port Moody 30 two and three bedroom townhomes by Paulsun Holdings

    Sophia Living townhomes meld traditional and modern in Port Moody?s heritage district Michael BernardThe Province Sunny Singh says his family-owned company has a golden rule when it comes to building homes for people: “We build homes that we would want to live in.” The company, Paulsun Holdings, started by his father 30 years ago, also […]

  6. Online COVID-19 resources for real estate investors, landlords and developers

    Industry organizations have made numerous resource hubs available online Western Investor One silver lining amid the COVID-19 pandemic is how individuals and organizations are coming together to help each other and offer support where they can. The real estate industry is no different, with many industry bodies and companies creating invaluable hubs of online resources […]

  7. Canadian Employment (Mar) – April 9, 2020

    BCREA Canadian employment plummeted in March, falling by 1.01 million jobs (-5.3%, m/m). The unemployment rate increased 2.2 percentage points from 5.6% to 7.8%, as government measures intended to limit the spread of COVID-19 led to the closure of non-essential businesses and travel restrictions.  Job losses were unsurprisingly right across the country, with the largest […]

  8. TD Bank chief optimistic of steady recovery after the pandemic

    The economy is expected to regain ground after COVID-19 Ephraim VecinaMortgage Broker News Toronto-Dominion Bank’s CEO has expressed confidence that the domestic financial system and household purchasing power will regain valuable lost ground once the coronavirus threat recedes. Speaking to BNN Bloomberg earlier this week, Bharat Masrani stated that the rate of recovery in the […]

  9. Sharp drop in B.C. home sales should be followed by steady recovery: BCREA

    As COVID-19 makes its way around the globe, it is also bulldozing its way through the economy Albert Van Santvoort Western Investor As COVID-19 makes its way around the globe, it is also bulldozing its way through the economy. While airlines and event venues were the first to be infected, many are anxious about how […]

  10. Vast majority of tech CEOs say firms don’t qualify for wage subsidy

    Tech industry group urges federal government to rethink eligibility Tyler OrtonWestern Investor When Ottawa revised its COVID-19 wage-subsidy program in late March, expanding eligibility from small businesses only to large corporations and non-profits alike, throngs of organizations were suddenly poised to get 75 per cent of employees’ salaries covered. But not so for the tech […]