Things are about to get worse for Canadian real estate, according to a credit rating giant. Fitch Ratings dropped its latest analysis to clients on risk in the mortgage bond market. The agency’s analysis shows high flying global real estate prices are likely to correct, with Canada expected to experience…
Tag: google real estate news
Okanagan real estate feeling the impact of higher interest rates – Okanagan
The Okanagan single-family home market appears to be feeling the impact of higher interest rates. The Association of Interior Realtors released data for January, showing that benchmark home prices were down in January throughout the region. Read more: The Okanagan real estate market heads into a dramatic winter cool-down Read…
Market watchers have little faith in anti-flipping tax, foreign tire buyers will improve housing affordability in Canada
A construction site on the 1400-block of West Broadway at Granville in Vancouver on April 22, 2022. A report released by the Parliamentary Budget Office in September showed the house price affordability gap widened last year.JENNIFER GAUTHIER/Vancouver Freelance New federal housing policies are being met with significant skepticism as to…
Student Accommodation Shortages Mean High Demand for PBSA
Between 2018 to 2021, university-building student halls decreased by 5%, and such figures expand significantly when extended to the private sector. The supply of purpose-built student accommodation has too taken a significant dent – with figures showing the number of beds provided more than halving since 2019. On top of…
Lethbridge business community sees real estate reviving in 2023
LETHBRIDGE, Alta. – The last several years have been tough on Lethbridge businesses both big and small but a new report suggests the buildings that businesses own are growing in value. The report, published by Avison Young, said that investment in commercial real estate has been stagnant to start 2023,…
Liverpool Voted Best Place to Live and Work in the UK
The vast majority of those who live in Liverpool are happy with their life in the city for multiple reasons. 75% of residents are happy with their life in the city, thanks to the wide array of jobs available and the vibrant cultural opportunities. Numerous major employers have offices or…
Real estate Q&A: Ask a real estate pro: Who pays for common services if only one owner is responsible for issue?
Q: We live in a single-family home where our homeowners’ association takes care of some items customarily left for individual owners. The monthly dues cover water, landscaping, and even house painting every few years. It makes life easy, but I can see where it could lead to problems. If one…
The investigations Donald Trump is facing
New York prosecutors may be closing in on Donald Trump. The Manhattan District Attorney’s Office may soon indict the former president for hush money payments he made to an adult film star during the 2016 presidential election. The officials have reportedly offered Mr Trump the chance to appear before a…
Survey says real estate prices are rising again in the Waterloo Region
Descrease article font size Increase article font size Waterloo Region real estate prices are down on a year-over-year basis but up on a quarterly basis, according to the Royal LePage House Price Survey. The average cost of buying a home in the area was around $799,000, the report noted. On…
SBB’s Embattled CEO Faces Tough Sell After London Investor Pitch
(Bloomberg) — The property tycoon at the center of Sweden’s real estate crisis traveled to the City of London this week in an uphill battle to save his $13 billion empire. Most Read from Bloomberg Ilija Batljan, the founder and chief executive of Samhallsbyggnadsbolaget i Norden AB — better known…