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Federal stress test caused up to $15B drop in new mortgages: economist

Federal stress test caused up to $15B drop in new mortgages: economist

Time to rethink the too-strict stress test, urges CIBC’s chief economist
Residential price drop failing to ease Metro Vancouver’s housing crisis

Residential price drop failing to ease Metro Vancouver’s housing crisis

“Prices will double between 2016 and 2041,” economist says. “And it wouldn’t surprise me if that’s on the low side.”
B.C. home sales see chilly March, sliding 23%

B.C. home sales see chilly March, sliding 23%

Market activity still dampened, largely due to federal mortgage policy, says B.C. Real Estate Association
Luxury high-rise condos are ‘guzzling electricity,’ says BC Hydro

Luxury high-rise condos are ‘guzzling electricity,’ says BC Hydro

High-end condos haven’t just put affordability out of reach for most people – they’re also pigs when it comes to electricity. That’s according to a BC Hydro report release today (Friday).
EDITORIAL: Out with the influx

EDITORIAL: Out with the influx

The gold rush that gripped the real estate market for a decade leading up to 2016 is over. But the lasting legacy of that unregulated influx of foreign capital into the housing market is still apparent.
One in 10 West Vancouver homes foreign owned

One in 10 West Vancouver homes foreign owned

'Astronaut' families captured in latest federal stats
B.C.'s average construction start value down 70% from peak

B.C.'s average construction start value down 70% from peak

Vancouver Island has highest average construction start value, Metro Vancouver has highest total
‘WTF’ factor driving Metro Vancouver’s industrial innovation

‘WTF’ factor driving Metro Vancouver’s industrial innovation

Developers hope to stack and pack sites to keep lease, strata costs under control
‘Interim period of chaos’ stalling development in Metro Vancouver

‘Interim period of chaos’ stalling development in Metro Vancouver

One of the biggest barriers to development in Greater Vancouver may be newly elected municipal governments in the region.
Wood investment turns into gold for developer

Wood investment turns into gold for developer

With mass timber set for the mainstream, the one challenge could be producing enough for both encapsulated and exposed uses