British Columbia / Alberta

mortgage payment

“Worst-Off Borrowers” Could See Mortgage Payments Spike Upwards Of 70%

While some borrowers will look to extend the amortizations of their mortgages, others will opt to make lump-sum payments — however, both options “come with their own costs,” an expert says.


Granville Retail Complex In The Heart Of Downtown Vancouver Put Up For Sale

​The retail complex at 798 Granville Street is well-known to any Vancouverite due its prime location at the intersection of Granville Street and Robson Street.


Bosa Properties Guaranteeing Rental Revenue To Solhouse 6035 Buyers

Bosa's Rental Revenue Program guarantees a set amount of rental income depending on unit sizes, with Bosa paying the difference if the rental income they receive is lower than what's guaranteed.


Kelowna's Short-Term Rentals Stall Amid New Government Measures

Because the Okanagan is a vacation destination, it drew a lot of investors who could more than cover their mortgage and tax costs by booking short-term rental guests. Now, many are having to sell.

Future Developments

Peterson Moving Forward With 29-Storey Tower, 15-Storey Hotel On Cambie

​Peterson Group was originally co-developing the project with Coromandel Properties, but is now proceeding without them.


‘Constrained Supply’ To Give Multifamily, Industrial Real Estate A Boost In 2024

"As interest rates and inflation rates gradually decline, there is an anticipation of pent-up investment demand within the property sector," says Morguard's Senior Director of Research Keith Reading.


A Chill Has Come Over Canada's Ski Property Market

Across Canada, the majority of winter recreational regions recorded double-digit declines in the number of homes sold during the first 10 months of 2023, according to a new report from Royal LePage.

Industry Profiles

CREA Names Janice Myers As New CEO

Myers, the current CEO at the Ottawa Real Estate Board, brings with her more than 20 years of real estate leadership experience. She will replace interim CEO Debra Cowan.

Real Estate News

“Weakness Is Spreading”: Economist Says Canadian Housing In For A Slow Spring

A new report looks ahead at Canadian housing in 2024, and forecasts softer sales and prices across all major markets, as well as a drop-off in homebuilding activity.

Real Estate News

Interest Rates, Affordability To Keep Canada's Housing Markets Quiet In 2024

But a flurry of springtime activity is not off the table, RE/MAX President Christopher Alexander told STOREYS.

Industry Profiles

Is Agricultural Urbanism The Solution To Destructive Sprawl?

The planning theory of Agricultural Urbanism emerged nearly 30 years ago, with a focus on organically containing urban sprawl.

Future Developments

BC Gov Announces Transit-Oriented Development Project In Port Moody

​The project was originally proposed in July 2020 as part of a proposal forwarded by the Moody Centre TOD Master Planning Group, a group of several developers and owners.