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  1. Inflation increase with the fastest annual gain of 3.6% since May 2011

    Inflation Jumps to 3.6% in Canada, Its Highest Since 2011 Shelly HaganBloomberg Inflation in Canada accelerated to its highest level in a decade, in what policy makers are saying will only be a temporary run-up in prices.Consumer prices were up 3.6% in May from a year ago, the fastest annual gain since May 2011, Statistics […]

  2. Opportunity knock in Toronto developer due to the demand of growing population

    Toronto developer looking to establish large-scale rental portfolio Ephraim VecinaMortgage Broker News Amid the already dangerously low supply of housing in the market, a Toronto condo developer is reportedly buying hundreds of detached houses across various provinces with the intention of renting out these properties. As reported by The Globe and Mail, Core Development Group […]

  3. Canadian home sales fell 7.4% in May compared from the previous month

    Canadian home sales, prices drop from the month before amid buyer fatigue Julie Gordonother Home sales fall 7.4% in May from April, while the average selling price was down 1.1% Canadian home sales fell 7.4 per cent in May from April, while the average selling price was down 1.1 per cent from the previous month, […]

  4. Retail assets saw continued strong performance in Q1 2021 with 79 percent increase compared to Q1 2020 amidst pandemic

    Metro Vancouver commercial sales hit $2.7 billion in Q1 WI StaffWestern Investor Multi-family sales led the pace, but the $103 million dollar sale of MEC’s former headquarters also kept Vancouver the No. 1 investment market in Canada Former MEC headquarters in Vancouver’s False Creek Flats sold for $103 million. | WI file Multi-family sales led […]

  5. 0.53 acres sells for $3.05 Million located at Salisbury Avenue, Port Coquitlam

    Port Coquitlam development site on 0.53 acres sells for $3.05 million Frontline Real StateWestern Investor Designated for residential development, and now under third reading, the 23,336-square-foot lot could accommodate nine townhouses Frontline Real Estate Services Ltd., Surrey, B.C., for Western Investor Property type: Development land Location:1752-1758  Salisbury Avenue, Port Coquitlam, B.C. Land size: 23,336 square feet […]

  6. Canadian home prices average projected to be increase of 5% in the next half year

    What’s happening with house price growth in Canada? Ephraim VecinaMortgage Broker News Canadian home prices are likely to grow by an average of 5% in the next half-year or so, but, surprisingly, the largest gains will not be in Toronto, nor in Vancouver, according to a new forecast by Finder. In the results of its […]

  7. The increase demand of purpose built rentals in Vancouver City

    Meeting the demand for rental housing Michael BernardThe Vancouver Sun  Concert Properties applied master-planning principles in developing Collingwood Village, recognizing that the Skytrain line would be an important focal point for a new and long-term sustainable community. Considered the first transit-oriented master-planned community in Canada, the Joyce–Collingwood Skytrain Station is within walking distance to The […]

  8. GTA continue to buck down in home sales due to pandemic

    GTA Home Sales Continue to Drop in May: TRREB Report Penelope Grahamother  If there’s one thing housing experts can agree on, it’s that the 2021 real estate market has been anything but typical – and the May numbers for the Greater Toronto Area continue to buck the seasonal trend, with sales sliding as we approach […]

  9. Commercial strata gives investors more-regulated and complicated residential condo market

    Real Estate Investing Part 4: commercial strata in B.C. Frank O’BrienWestern Investor  Main Street, Vancouver, strata retail at nearly $1,000 per square foot. |Corbel Commercial Commercial strata gives investors an edge not seen in the more-regulated and complicated residential condo market Geographically and historically, Metro Vancouver represents perhaps the best opportunity on the planet to […]

  10. Big job opportunities when new mining aiming to open

    Vanderhoof shares in B.C. mining potential Nelson BennettWestern Investor About 450 full time jobs expected at just one of the new mines angling to open – if B.C.’s ‘sclerotic permitting system’ gets unclogged Artemis Gold Blackwater site near Vanderhoof, B.C. | Artemis About 450 full time jobs expected at just one of the new mines […]