Western Canada Business and Real Estate News - Western Investor
Homeownership costs ‘ease a little’ in Vancouver, but affordability still elusive, says RBC
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OTTAWA — The Bank of Canada's governing council expects its second straight outsized interest rate cut helped it turn a corner in its fight to tame inflation, but it is watching the economy closely amid weaker than expected growth.
Housing market poised for 2025 comeback as lower rates unleash …
Dec 30, 2024 · Condo towers under construction and cranes at the Oakridge Mall redevelopment are shrouded in fog, in Vancouver, B.C., Tuesday, Dec. 3, 2024. THE CANADIAN PRESS/Darryl Dyck As the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give way to a rebound ...
Real Estate and Business News - Western Investor
Jun 23, 2020 · Information from short-term rental platforms shows the 1,697 listings in Victoria exceeds the number of business licences issued by the city by about 900 listings, the Housing Ministry says
TSX’s best year in a decade draws investor optimism - Western …
Dec 19, 2024 · Stock-market investors have enjoyed a banner 2024 despite the decline in the markets today. The age-old question is where the markets go from here. Markets in the U.S. fell today after U.S. Federal Reserve chair Jerome Powell said the Fed intends to slow the pace of interest-rate cuts. Most Fed ...
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Vancouver real estate signals stability as Trump fears ease
Nov 7, 2024 · With the uncertainties of a Trump presidency priced into capital markets, the year ahead promises steadier economic times and a normalized environment for Vancouver real estate.
Nanaimo, Chilliwack emerge as BC property investment hotspots
Nov 1, 2024 · British Columbia's secondary real estate markets attract investors seeking better returns, driven by population growth, industrial development
Rest estate investing: Eliminate costs and risks with a mortgage ...
With an array of investment vehicles out there, few can match the consistency and return delivered by those involving real estate. Traditionally, that meant purchasing a property in a region or neighbourhood showing promise of appreciation, and hopefully not too much in the way of ownership responsibilities and costs, such as managing tenants, property upkeep, insurance, taxes, and other ...
Greater Vancouver investment deals stalled in third quarter
Jan 5, 2023 · A range of macroeconomic factors led by rising interest rates stalled real estate investment in the third quarter, putting Metro Vancouver on track for strong but not record-breaking performance in 2022.