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  1. 0.80 acres multi-family rental building sells for $28M located at 6540 Telford Street, Burnaby, B.C.

    The Telford Avenue 35,022-square-foot lot has development potential of 6.15 FSR close to the Metrotown SkyTrain station.
    By Western Investor Staff
    15-03-2023

  2. 31 units of multi family rental sells for $7M located at 671 Martin Street, Penticton, B.C.

    Selling price was $100,000 above list, with assumable Canada Mortgage and Housing Corp.-insured financing at 1.73 per cent.
    By Western Investor Staff
    15-03-2023

  3. The provincial government will give TransLink almost half a billion dollars to prevent service cuts, keep fares stable and fund the purchase of electric buses

    Mobility pricing next, say B.C. Liberals
    By David Carrigg
    15-03-2023

  4. Markets were pricing at a 40% chance of a BoC cut next month, with a “near certainty” of a cut by August

    The Bank of Canada is among the institutions that could be reconsidering their future rate strategies in the wake of Silicon Valley Bank’s collapse and federal bailout.
    Source: other
    14-03-2023

  5. Canadians expecting a stronger national economy in the next half-year also improved from 14.75% to 15.75%

    Canadians are becoming more optimistic towards home price prospects
    By Ephraim Vecina
    14-03-2023

  6. The share of indebted Canadian households that were behind on their repayments for at least 60 days spiked from 1.92% at the end of 2021 to 2.16% in Q4 2022

    The central bank has engaged in an unprecedented campaign of rate jumps over the past year
    Source: other
    13-03-2023

  7. The sky-high cost of housing in Canada represented a “very serious” problem that showed little signs of improvement | Marc Meehan

    Commercial real estate analysis highlights the strain being put on the multifamily sector by lack of inventory
    By Fergal McAlinden
    13-03-2023

  8. Canada interest rates remain high despite the Bank’s decision to hit pause on hikes

    Further hikes in 2023 can't be ruled out, says chief economist
    Source: other
    10-03-2023

  9. TD Economics anticipating a “sizeable” slowdown in consumer spending and job losses in the US and Canada

    TD Economics breaks down the factors that could trigger a slowdown
    By Ephraim Vecina
    10-03-2023

  10. The central bank will continue to seek more proof of the economy cooling and inflation decelerating in response to the rate hikes, Rogers says

    Carolyn Rogers noted that productivity "isn't trending in the right direction so far"
    Source: other
    10-03-2023

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