Work-from-homers could shake office tower leasing Frank O?BrienWestern Investor A recent U.S. study showed a 47 percent productivity increase in 2020, despite the coronavirus lockdown and the ensuing increase in working from home. There is a potential earthquake building that will shake downtown office towers across Canada – and office landlords could feel it […]
REAL OR MAKE BELIEVE? Douglas ToddThe Vancouver Sun Raymond Wong, who has long followed the Metro housing market, worries that his son, now 7, will “be forced to move away from me” one day due to unaffordable housing. Coming out of COVID-19 lockdown, realtors are trumpeting a hot market that has buyers jumping in with […]
Red-hot Toronto real estate sales continue in July – TREB Duffie OsentalMortgage Broker News Toronto’s real estate market is heating up, with July setting a new year-on-year sales record. Figures released by the Toronto Regional Real Estate Board (TRREB) revealed that the Greater Toronto Area saw 11,081 sales in July 2020 – a 29.5% increase […]
COVID-19 pandemic hasn?t dimmed enthusiasm for buying a home, says report REMThe Vancouver Sun A new report by Mortgage Professionals Canada (MPC) says most current homeowners are comfortable with their current mortgage debt and remain pleased with their decision to purchase a home. “What we have seen clearly is that the vast majority of homeowners are […]
Toronto Home Sales Hit New Record for July: TRREB Jannine Raneother The easing of COVID-19 restrictions across the province coupled with pent-up housing demand led to record-breaking sales within the Toronto Region for the month of July. The latest data from the Toronto Regional Real Estate Board (TRREB) showed that home sales across the Toronto Region were […]
Maintenance issues – pay now or pay more later Tony GioventuThe Province Dear Tony: Our strata council is trying to cut corners on costs this year as we have experienced dramatic increases in our insurance costs. As an owner and council member, I am concerned that we are not meeting the requirements of our basic […]
Will the next iteration of COVID-19 assistance keep Canadians in their homes? Clayton JarvisMortgage Broker News Three hundred and forty-three billion dollars. It’s not often you hear numbers like that associated with Canada. Even the country’s largest infrastructure project, the LNG colossus going up in Kitimat, B.C., is estimated to come in at $40 billion, […]
Juniper West: A master-planned community in Kamloops Michael BernardThe Province While COVID-19 has caused many real estate markets in British Columbia to drop like a yo-yo, there is one Interior city where home prices have held steady this year. The city of Kamloops, a long-established centre for forestry, mining, healthcare and tourism, has experienced consistent […]
A case of the haves and the have-nots’: Vancouver home sales and prices jump in July Jessy Bainsother The COVID-19 pandemic hasn’t pushed Metro Vancouver home buyers to the sidelines the way many expected, at least not yet. Instead, the latest data from the Real Estate Board of Greater Vancouver (REBGV) show 3,128 homes were sold in […]
Real estate sales in the age of COVID-19 Toby WelchREM COVID-19 was like a bomb to the Canadian real estate industry, forever changing the way real estate is done. Markets were severely impacted and protocols were revamped overnight. The ins and out of real estate transactions are still morphing on a day-to-day basis. We spoke to […]