Real estate

Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld

Mortgage defaults after COVID-19 could look different than 2008, says economist

Deferrals were key to helping people keep their homes, economists say

Bank of Canada economist says the current economic recovery could be different than the recovery from the financial crisis of 2008. Bank of Canada Governor Tiff Macklem holds a news conference, in Ottawa, Wednesday, July 15, 2020. THE CANADIAN PRESS/Adrian Wyld
A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Open houses resume, but the home-buying pastime has drastically changed

The situation is all the trickier when landlords look to show properties occupied by tenants

A new home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.

The large home, located on ALR land, is one of the last new mansions to legally be built on ALR land

PHOTOS: Inside a newly-listed $22M mega-mansion on ALR land in B.C.
The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)

Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

You can own Jason Priestley’s Terrace Beach Resort in Ucluelet for less than $5 million

The Priestley family has put their resort at Ucluelet’s tranquil Terrace Beach on the market. (Nora O’Malley photo)
(The Canadian Press)

CMHC reports annual pace of housing starts in Canada increased in June

Rural starts were estimated at a seasonally adjusted annual rate of 15,006 units

(The Canadian Press)
FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS/Jonathan Hayward

B.C.’s real estate market shows ‘encouraging signs of recovery’ in May: association

Real estate listings, sales still down in B.C. as COVID recovery begins

FILE – A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS/Jonathan Hayward
Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees (The Canadian Press)

CMHC re-assessing policies through a racialized lens to eliminate discrimination

Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees

Black people make up 3.5 per cent of Canada’s population and 5.2 per cent of CMHC employees (The Canadian Press)
Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

CMHC said average housing prices could fall anywhere from nine to 18 per cent in its forecast

Real estate for sale signs are shown in Oakville, Ont. on Saturday, Dec.1, 2018. THE CANADIAN PRESS/Richard Buchan
A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

Multi-unit housing starts up in some parts of Canada in April despite COVID-19

CMHC estimates a 10.8 per cent month-over-month increase in its national seasonally adjusted annual rate

A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy
A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy

Home prices won’t recover from COVID for at least 2 years, CMHC says

Preliminary figures indicate that about one in 10 Canadian home owners have deferred mortgage payments

A real estate sold sign hangs in front of a west-end Toronto property Friday, Nov. 4, 2016. THE CANADIAN PRESS/Graeme Roy
(THE CANADIAN PRESS/Chad Hipolito)

B.C. Real Estate Association calls for stop to open houses during pandemic

Association working with government to help secure relief funding for realtors

(THE CANADIAN PRESS/Chad Hipolito)
Architects’ drawings of the proposed development. Courtesy Archer Properties Group.

Open House for Deer Park Development in Kimberley cancelled

Draft drawings of the project are available

Architects’ drawings of the proposed development. Courtesy Archer Properties Group.
Want to become a landlord? You may already have a down payment!

Want to become a landlord? You may already have a down payment!

Realtor Dan Keeley says property investing in Kimberley is not just for the wealthy

  • Feb 24, 2020
Want to become a landlord? You may already have a down payment!
Homes are pictured in Vancouver on April 16, 2019. THE CANADIAN PRESS/Jonathan Hayward

Ottawa to change stress test rate for insured mortgages next month

Qualifying rate will be borrower’s contract rate or weekly median 5-year fixed insured mortgage rate

Homes are pictured in Vancouver on April 16, 2019. THE CANADIAN PRESS/Jonathan Hayward
Rental prices for a one-bedroom unit have climbed in Kelowna in the last year (File photo)                                (Black Press Media files)

Victoria, Abbotsford record biggest jumps in rent prices nationwide: report

Toronto and Vancouver had priciest rentals in Canada

Rental prices for a one-bedroom unit have climbed in Kelowna in the last year (File photo)                                (Black Press Media files)
Real estate for sale sign. (The Canadian Press files)

CREA reports home sales up 11.5% compared with a year earlier

Home prices declined slightly in Greater Vancouver and in Prairie cities

Real estate for sale sign. (The Canadian Press files)
Couple’s love of Oak Bay Beach Hotel leads to purchase of strata unit

Couple’s love of Oak Bay Beach Hotel leads to purchase of strata unit

The best of both worlds in hotel condo

  • Dec 11, 2019
Couple’s love of Oak Bay Beach Hotel leads to purchase of strata unit
Real estate partners are a sister act

Real estate partners are a sister act

Tamara and Shannon Stone share personal and professional bonds

  • Sep 13, 2019
Real estate partners are a sister act
Claire Flewelling-Wyatt balances an active outdoor lifestyle with her property management career

Claire Flewelling-Wyatt balances an active outdoor lifestyle with her property management career

Running companions include her Australian Shepherd dogs

  • Aug 9, 2019
Claire Flewelling-Wyatt balances an active outdoor lifestyle with her property management career
Sooke-tacular home for Winnipeg couple

Sooke-tacular home for Winnipeg couple

Post modern industrial architecture meets nature

  • May 31, 2019
Sooke-tacular home for Winnipeg couple