Real Estate

No relief in sight as most space spoken for months ahead of completion

OTTAWA — The Canadian Real Estate Association says it expects home sales this year to edge down 0.5 per cent compared with 2022. In its updated forecast for the year, it also says it expects the average home price to decline 5.

Region’s office space market remains the tightest in North America

Surrey Mayor Brenda Locke will need to deliver a tax increase in order to pay for substantial cost overruns made more clear by the City of Surrey following last October's municipal election.

Mortgage brokers have the potential to offer a wider variety of rates, while banks have the advantage of an existing relationship that brings comfort to the homebuying process, says real estate advisor.

Be prepared before you sign a lease.

TORONTO — A report by Royal LePage says the median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis.

Not a single B.C. city made it on the 'lowest shelter costs' list.

BURNABY, B.C. — The British Columbia government says it will save rental homes and protect tenants from "housing speculators and profiteers" with the creation of a half-a-billion-dollar Rental Protection Fund.

Canada's banking regulator is launching public consultations on existing and newly proposed mortgage lending rules as it says loan risks have increased considerably since the start of the COVID-19 pandemic.