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  1. BoC triggering a recession through interest rate hikes is “high”

    Bank of Canada rate hikes could cause recession, says economist Fergal McAlindenother Central bank “using a very blunt instrument to attempt to bring prices down”  The risk of the Bank of Canada triggering a recession through interest rate hikes is “high,” according to a prominent economist who says the central bank’s policies could be missing […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    04-07-2022
    Real Estate Related

  2. Ontario Teachers’ announces completion of its acquisition of HomeEquity Bank

    Ontario Teachers’ completes HomeEquity acquisitio Fergal McAlindenother A leading company in Canada’s mortgage space is under new ownershipcompany of reverse mortgage giant HomeEquity Bank, has been completed.The acquisition, first announced last September, will see ownership of HomeEquity transfer to the pension fund from Birch Hill Equity Partners Management Inc. and other minority shareholders.It reflects Ontario […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-07-2022
    Real Estate Related

  3. 9,108 square feet mixed-use strata rental in New Westminster sells for $5.6 Million

    New West 20-unit mixed-use strata rental sells for $5.6 million Avison YoungWestern Investor Geordie Place includes 16 residential strata units and four commercial strata units on a corner lot in New Westminster, B.C. Avison Young, Vancouver, for Western Investor   Property type: Mixed-use strata Location: 723 12th Street, New Westminster Number of rental units: 16 […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-07-2022
    Real Estate Related

  4. 10,032 square feet industrial in Delta sells for $6.45 Million

    Delta warehouse/office sells for more than $640 per square foot Western Investor StaffWestern Investor Well-maintained complex of 10,032 square feet in Tilbury Industrial Park trades at $6.45 million William Wright Commercial, Vancouver, for Western Investor Property type: Industrial Location: 110 and 120 7858 Hoskins Street, Delta, B.C. Property size: 10,032 square feet (approx.) Sale price: […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    03-07-2022
    Real Estate Related

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