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  1. 55-storey skyscraper, one of the tallest city?s building will be in Downtown Vancouver

    Dan Fumano: Long, winding road leads to ‘twisting’ tower pitched for ex-Expo site Dan FumanoThe Vancouver Sun The tower proposed for the north end of the Granville Bridge is striking, featuring what its architects call “undulating curves” inspired by a dancer. But the ground below also has a noteworthy story, which has been long, complex […]

  2. Sublease bulge expected office vacancy rates increases

    Sublease bulge pushes office vacancy rates higher higher Frank O’BrienWestern Investor With a spike in sublease space shoved back onto the market in the third quarter, Vancouver’s downtown office vacancy rate has risen to 4.7 per cent, up from 3.3 per cent in the preceding quarter, reports CBRE Ltd., but still tied with Toronto with […]

  3. 41-acre Luxury resort properties sold for $8.4 million, Pemberton, BC

    Record $8.4 million sale shows legs of luxury market Frank O’BrienWestern Investor Sales of luxury resort properties show portion of population have been largely unaffected by pandemic-caused recession   A record sale of an $8.4 million property at Pemberton shows the strong legs of Canada’s luxury resort market, part of a quick estate pace that […]

  4. American innovative tool to reduce cost effective and save time

    How First American uses automated valuation models to reduce costs and save time Clayton Jarvisother As resistant as the mortgage industry can sometimes seem when it comes to innovation, its growing acceptance of data analytics as a tool for enhancing performance in almost every facet of the business, from marketing to product development, is happening […]

  5. Covid disrupt housing market expected by several Canadian

    Moody’s: Significantly lower home prices expected in several Canadian markets Ephraim VecinaMortgage Broker News While federal financial aid and mortgage deferrals have propelled some price growth recently, it will be only a matter of time before the full negative impact of the COVID-19 pandemic works its way through the housing market, according to a new […]

  6. 1.6 acres zoned for Single-family residential sells $1 million over ask

    Surrey 1.6 acres zoned for houses sells $1 million over ask Varing Marketing Group / Abbotsford Western Investor The South Surrey infill site, zoned for single-family residential development, sold for $6.5 million.   Property type: Residential Land Location: 15624 24 Avenue, Surrey Land size: 69,696 square feet Land size in acres: 1.6 acres Zoning: Single-family […]

  7. Marriott suffered the worst market decline in 2020

    Marriott market cap plunged 31 per cent this year WI StaffWestern Investor Major Western Canada hotel developer has suffered the worst decline in market capital among world’s largest hotel chains during coronavirus crisis. Marriot Hotels, which has been on a branding and building blitz in Western Canada over the past two years, has suffered the […]

  8. High numbers of CERB recipients will crash out once CERB ends

    Number of Canadians without support “disturbingly high” once CERB ends Ephraim VecinaMortgage Broker News

  9. Helping Tenants and Small Businesses Act passed, big help for Canadian family regarding rent prices throughout 2021

    Ontario implements moratorium on residential rent prices Ephraim VecinaMortgage Broker News The Ontario government has announced that it will be freezing the province’s residential rent prices throughout 2021.Premier Doug Ford said late last week that Ontario’s roughly 1.7 million renters will benefit from manageable rent prices from Jan. 1 to Dec. 31 next year if […]

  10. Multi-family real estate in Canada are exceptionally strong

    The state of multi-family real estate in Canada Clayton JarvisMortgage Broker News If any readers are friendly with commercial real estate junkies, they’ll already have heard an earful about how industrial and multi-family properties are where the smart money is being spent by CRE investors. But with unemployment still over 10 percent in August, and […]