Multifamily Housing Trends for 2018
If you own, manage or have been thinking about getting into multifamily properties there are definitely some current trends that you will want to pay…
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Mortgage Rate Outlook – September 14, 2018
Mortgage Rate Outlook The Canadian mortgage market is undergoing significant tightening with the availability of credit falling and interest rates rising. The mortgage stress…
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Canadian Housing Starts – September 11, 2018
Canadian housing starts declined 2 per cent on a monthly basis in August to 201,000 units at a seasonally adjusted annual rate (SAAR). The trend…
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Bank of Canada Interest Rate Announcement – September 5, 2018
Bank of Canada Interest Rate Announcement - September 5, 2018 The Bank of Canada maintained its target for the overnight rate at 1.50 per cent…
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Bank of Canada Interest Rate Announcement – July 11, 2018
Bank of Canada Interest Rate Announcement - July 11, 2018 The Bank of Canada opted to raise its target for the overnight rate 25 basis…
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Rising Interest Rates Affecting Canadian Real Estate Investors
Mortgage Rate Outlook The Canadian mortgage market has seen substantial changes in the first six months of 2018, with mortgage credit both more expensive and…
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Commercial Real Estate Indicators Point to Slower Activity on the Horizon
Commercial real estate indicators in British Columbia declined for the first time in three years. The BCREA Commercial Leading Indicator (CLI) fell 1.5 points in…
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Housing Forecast Q3 2018
Multiple Listing Service® (MLS®) residential housing sales in the province are forecast to decline 9 per cent to 94,200 units this year, after posting 103,700…
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Bank of Canada Interest Rate Announcement – May 30, 2018
Bank of Canada Interest Rate Announcement - May 30, 2018 The Bank of Canada decided to leave the target for the overnight policy rate unchanged…
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Canadian Housing Starts – May 8, 2018
Canadian Housing Starts - May 8, 2018 Canadian housing starts fell 5 per cent on a monthly basis in April to 214,379 units at a…
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The Devastating Effects of a Housing Price Shock in BC
The desire of some well-meaning British Columbians for government to drive down the price of homes through demand-side policy may sound practical at first blush.
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8 Facts You Must Know About the New Speculation Tax
British Columbia is on the verge of a new speculation tax.  Here are the 8 Facts You Must Know About the Speculation Tax: 1. All…
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Housing Demand to Slow Through 2019
Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 8.6 per cent to 94,855 units this year, after recording 103,763 residential…
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Mortgage Rates Steady…For Now
Mortgage Rate Outlook Canadian mortgage rates have continued 2017’s upward trend. The five-year qualifying rate for insured mortgages bumped up 15 basis points to 5.14…
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Bank of Canada Interest Rate Announcement – March 7, 2018
The Bank of Canada opted to maintain its target for the overnight interest rate this morning at 1.25 per cent.  In the statement accompanying the…
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Commercial Leading Indicator Signals Growth in 2018
The BCREA Commercial Leading Indicator (CLI) increased for a fourth consecutive year, rising 0.4 points in the fourth quarter of 2017 to 135.7. That increase…
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Canadian Housing Starts – February 8, 2018
Canadian Housing Starts - February 8, 2018 Canadian housing starts began the year essentially flat on a monthly basis at 216,210 units at a seasonally…
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Bank of Canada Interest Rate Announcement – January 17, 2018
Bank of Canada Interest Rate Announcement - January 17, 2018 The Bank of Canada opted to raise the target for its overnight interest rate this…
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Growth Continues in BC Commercial Real Estate Sector
The BCREA Commercial Leading Indicator (CLI) increased for the ninth consecutive quarter, rising 2 points in the third quarter of 2017 to 135.3. That increase…
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BC HOUSING FORECAST Q4 2017
STRONG ECONOMY VERSUS HOUSING HEADWINDS Multiple Listing Service® (MLS®) residential sales in the province are estimated to reach 102,350 units this year, a decline of…
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The Quickest & Easiest Way to Discover the Apartment Building Market
Discover the quickest and easiest way to discover the apartment buildings market at-a-glance and in real time!  This market brief is designed for superhero investors…
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Multifamily Housing Completions to Surge in 2018
Housing affordability is fundamentally linked to the relationship between the housing stock and market demand. Strong economic growth has created rising labour demand and consumer…
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Fixed-Term Leases BREAKING NEWS!!
VICTORIA – The provincial government has introduced legislation to close a major loophole in fixed-term leases and improve the rights of renters throughout British Columbia,…
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Mortgage Underwriting Changes
OSFI Announcement of Change to Mortgage Underwriting - October 17, 2017 The Office of the Superintendent of Financial Institutions (OSFI) announced new restrictions on…
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Why Landlords MUST Have a Power of Attorney
Planning your power of attorney properly can mean the difference between achieving a dream and a nightmare for your successors.  Landlords who own…
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Lift-Off: Mortgage Interest Rates Forecast 2018
Mortgage Interest Rates Outlook Since the second quarter forecast, projected rise in mortgage interest rates has occurred and accelerated, as the Bank of Canada…
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Canadian Housing Starts – September 11, 2017
Canadian Housing Starts - September 11, 2017 Canadian housing starts increased 1 per cent in August to 223,232 units at a seasonally adjusted annual rate…
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BC Commercial Leading Indicator Surges Higher
The BCREA Commercial Leading Indicator (CLI) posted its largest increase since 2009, rising by 3.7 index points in the second quarter of 2017 to 133.1.
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Bank of Canada Interest Rate Decision – September 6, 2017
Bank of Canada Interest Rate Decision - September 6, 2017 The Bank of Canada interest rate decision was announced this morning. Bank of Canada is…
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The History of Rental Increase
Every year in British Columbia the Residential Tenancy Branch makes an announcement about the maximum annual rental increase in the province.  Landlords may only increase…
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