BC would use a windfall to pay debt
On St Patrick’ Day, Vancity has published a survey to find out how British Columbians would put a ‘four leaf clover’ of good fortune to use
Tempers boil over at housing forum
In a demonstration of the impact that Vancouver’s high cost of housing is having on the community, there were angry voices at an emergency housing forum Wednesday
CMHC considers deductible for mortgage claims
Mortgage lenders may have to pay a deductible to the CMHC for any claims made on loans the agency insures
BC real estate advisory group sets out its task
Real Estate Council of BC reviews the Council’s handling of licensee misconduct and has released the terms of reference that will guide its examination.
Is high-rise living a health risk?
People who live in high-rise condos are at greater risk of dying according to a study by medics, published by the Canadian Medical Association Journal
Conrad Black rents back sold mansion
The Toronto mansion that Conrad Black sold moments before it was due to be auctioned, will remain his home
Sales Break Record in BC
The number of residential sales in British Columbia surged 44.7 per cent in February with 9,637 units sold through the BCREA’s MLS system
HPI up 6.5 Percent
Home Price Index from Teranet-National Bank shows a 6.5 percent rise in Feb. with Hamilton and Victoria driving the rise along with Vancouver and Toronto.
CMHC profits down $7 billion on oil prices
The downturn in oil prices has cost the Canada Mortgage and Housing Corporation more than $7 billion so far according to the agency’s president and CEO
Mortgage Rules Heat up Market
The changes to mortgage downpayments which was meant to cool the housing market appears to have had the opposite effect