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Real Estate

Shorter fixed-rate mortgages take spotlight as borrowers feel pinch of higher rates

Shorter fixed-rate mortgages take spotlight as borrowers feel pinch of higher rates

TORONTO — Rapidly rising interest rates have transformed mortgage preferences as borrowers increasingly opt for shorter-term fixed-rate contracts.
More land-use regulations in B.C. mean less housing affordability: CMHC

More land-use regulations in B.C. mean less housing affordability: CMHC

New survey reveals impact of land regulations and approval delays on efforts to expand housing supply.
Squamish Nation to deploy first-of-kind rental protections on developments

Squamish Nation to deploy first-of-kind rental protections on developments

Nation incorporating tenancy act into on-reserve developments through Ottawa’s First Nations Commercial and Industrial Development Act
Pandemic resignations could have been caused by rising home prices: UBC research

Pandemic resignations could have been caused by rising home prices: UBC research

Working paper based on U.S. data may help shed light on changes in 91Ô­´´ employment.
Greater 91Ô­´´ market is active despite economic headwinds

Greater 91Ô­´´ market is active despite economic headwinds

Higher prices, increased activity ‘shocking’ after nine interest rate hikes from central bank.
Calgary building permit gains offset declines in Alberta

Calgary building permit gains offset declines in Alberta

Tallies fell across the West as summer approached
B.C. building permit downturn accelerates in May

B.C. building permit downturn accelerates in May

Non-residential permits lead the province-wide decline
Property owners defy Kelowna's short-term rental rules

Property owners defy Kelowna's short-term rental rules

Hundreds of owners flout four-year-old bylaw, city says, as staff propose ban
Calgary real estate market sizzles as newcomers flock to Alberta

Calgary real estate market sizzles as newcomers flock to Alberta

CALGARY — As the curtain rises on the 10-day extravaganza that is the famed Calgary Stampede, homebuyers are also stampeding to snap up real estate in Alberta's largest city.
Rimrock Resort $17OM sale caps heady half for hotel deals

Rimrock Resort $17OM sale caps heady half for hotel deals

Oxford’s off-market deal signals a post-pandemic recovery in asset investments during first six months of 2023